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Blog, News, Company Law

April 25, 2024

SEBI Extends Cross-margin Benefits for Index and Stock Futures in Offsetting Positions With Different Expiry Dates

Circular No. SEBI/HO/MRD/TPD-1/P/CIR/2024/24; Dated: 23.04.2024 … Continue reading “SEBI Extends Cross-margin Benefits for Index and Stock Futures in Offsetting Positions With Different Expiry Dates”

Blog, News, FEMA & Banking

April 25, 2024

RBI Specifies Norms for Mode of Payment and Remittance of Sale Proceeds for Equity Shares of Indian Cos Listed on IEs

Notification No. FEMA. 395(2)/2024-RB; Dated: … Continue reading “RBI Specifies Norms for Mode of Payment and Remittance of Sale Proceeds for Equity Shares of Indian Cos Listed on IEs”

Blog, News, FEMA & Banking

April 25, 2024

Funds Raised Through Listing of Equity Shares of Indian Cos. On IE Can Be Kept in Foreign Currency a/c Opened Abroad

Notification No. FEMA 10R (3)/2024-RB; … Continue reading “Funds Raised Through Listing of Equity Shares of Indian Cos. On IE Can Be Kept in Foreign Currency a/c Opened Abroad”

Blog, GST & Customs

April 25, 2024

Onus in the Case of GST Input Tax Credit (ITC) with Case Laws – Eligibility | Conditions | Legal Implications

Input Tax Credit (ITC) refers … Continue reading “Onus in the Case of GST Input Tax Credit (ITC) with Case Laws – Eligibility | Conditions | Legal Implications”

Blog, FEMA & Banking

July 18, 2024

Introduction to Central Banking – Monetary Policy | Interest Rates | Functions

Central Banking refers to the … Continue reading “Introduction to Central Banking – Monetary Policy | Interest Rates | Functions”

Blog, News, Account & Audit

April 24, 2024

Understanding the Recognition Criteria for an Exchange of PPE Under Ind AS 16

Para 24 of Ind AS … Continue reading “Understanding the Recognition Criteria for an Exchange of PPE Under Ind AS 16”

Blog, News, Income Tax

April 24, 2024

HC Slams PCCIT for Granting Approval to Reassessment Without Considering That There Was No Escapement of Income

Case Details: Vodafone India Ltd … Continue reading “HC Slams PCCIT for Granting Approval to Reassessment Without Considering That There Was No Escapement of Income”

Blog, News, Income Tax

April 24, 2024

[Opinion] Valuing Art In Light of Section 132 of the Income Tax Act 1961

Nitesh Shrivastava – [2024] 161 … Continue reading “[Opinion] Valuing Art In Light of Section 132 of the Income Tax Act 1961”

News, Blog, GST & Customs

April 24, 2024

Interest Liability Arises Automatically on Delayed Filing of Returns Even if Payment Made From Credit Ledger | Patna HC

Case Details: Sincon Infrastructure (P.) … Continue reading “Interest Liability Arises Automatically on Delayed Filing of Returns Even if Payment Made From Credit Ledger | Patna HC”

Blog, News, GST & Customs

April 24, 2024

Order to Be Set Aside and Matter to Be Remanded as No Reasons Were Specified for Denying ITC | HC

Case Details: APL Apollo Tubes … Continue reading “Order to Be Set Aside and Matter to Be Remanded as No Reasons Were Specified for Denying ITC | HC”