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Blog, News, FEMA & Banking

June 13, 2024

AD Cat-I Banks May Open Additional Special Current Accounts for Its Constituents to Settle Export & Import Transactions

Circular No. RBI/2024-2025/43 FED Circular … Continue reading “AD Cat-I Banks May Open Additional Special Current Accounts for Its Constituents to Settle Export & Import Transactions”

Blog, News, Income Tax

June 13, 2024

[Opinion] Beneficial Ownership Vs Shareholding | To Veil or Not?

Piyush Baid – [2024] 163 … Continue reading “[Opinion] Beneficial Ownership Vs Shareholding | To Veil or Not?”

News, Blog, Income Tax

June 13, 2024

HC Justified Invoking GAAR as Issuance of Bonus Shares Was an Artificial Arrangement to Avoid Tax Obligations

Case Details: Ayodhya Rami Reddy … Continue reading “HC Justified Invoking GAAR as Issuance of Bonus Shares Was an Artificial Arrangement to Avoid Tax Obligations”

Blog, News, Account & Audit

June 13, 2024

ICAI Seeks Member’s Comment on the Draft Implementation Guide Regarding Amendments in Form No. 3CD and 3CEB

The Direct Tax Committee of … Continue reading “ICAI Seeks Member’s Comment on the Draft Implementation Guide Regarding Amendments in Form No. 3CD and 3CEB”

Blog, News, Account & Audit

June 13, 2024

IBBI Issues Guidelines for Empanelment of Insolvency Professionals as IRP/RP, Liquidators & Bankruptcy Trustees

The Insolvency and Bankruptcy Board … Continue reading “IBBI Issues Guidelines for Empanelment of Insolvency Professionals as IRP/RP, Liquidators & Bankruptcy Trustees”

Blog, News, GST & Customs

June 13, 2024

Matter to Be Remanded to Assessing Officer to Re-Adjudicate Matter After Considering Exemption Notification | HC

Case Details: Sun Pharma Laboratories … Continue reading “Matter to Be Remanded to Assessing Officer to Re-Adjudicate Matter After Considering Exemption Notification | HC”

News, Blog, GST & Customs

June 13, 2024

18% GST is Applicable on Instant Mix Flour Containing Spices and Other Ingredients Being Classified Under HSN 2106 90 99 | AAAR

Case Details: Appellate Authority for … Continue reading “18% GST is Applicable on Instant Mix Flour Containing Spices and Other Ingredients Being Classified Under HSN 2106 90 99 | AAAR”

Blog, News, Account & Audit

June 12, 2024

[Opinion] Demystifying Materiality of “Material Accounting Policy

Dr. Alok Kumar Garg – … Continue reading “[Opinion] Demystifying Materiality of “Material Accounting Policy”

Blog, News, Insolvency and Bankruptcy Code

June 12, 2024

IBBI Proposes to Simplify and Optimize CIRP Forms, Reducing Compliance Burden for IPs

Discussion Paper; Dated: 10.06.2024 The … Continue reading “IBBI Proposes to Simplify and Optimize CIRP Forms, Reducing Compliance Burden for IPs”

Blog, News, Company Law

June 12, 2024

Demat and Mutual Fund Accounts Won’t Be Frozen Over Non-submission of Nomination | SEBI

Circular no. SEBI/HO/MIRSD/POD-1/P/CIR/2024/81; Dated: 10.06.2024 … Continue reading “Demat and Mutual Fund Accounts Won’t Be Frozen Over Non-submission of Nomination | SEBI”