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News, Blog, Account & Audit

November 30, 2024

[Opinion] Navigating the Complexities of Forward Exchange Contracts | A Comparative Analysis of AS 11, Ind AS 109, and ICDS VI for Income Computation

CA Siddharth Patel & CA … Continue reading “[Opinion] Navigating the Complexities of Forward Exchange Contracts | A Comparative Analysis of AS 11, Ind AS 109, and ICDS VI for Income Computation”

Blog, News, Income Tax

November 30, 2024

No Sec. 194N TDS on Cash Withdrawal by Foreign Representations Approved by Ministry of External Affairs | CBDT

Notification No. 123/2024, dated 28-11-2024 … Continue reading “No Sec. 194N TDS on Cash Withdrawal by Foreign Representations Approved by Ministry of External Affairs | CBDT”

Blog, News, Income Tax

November 30, 2024

Penalty Order Passed in Co.’s Old Name is Valid and a Curable Defect | HC

Case Details: Commissioner of Income-tax … Continue reading “Penalty Order Passed in Co.’s Old Name is Valid and a Curable Defect | HC”

Blog, News, International Tax

November 30, 2024

[World Tax News] UK Publishes Guidance on Payment of Pillar 2 Top-Up Taxes and More

Editorial Team – [2024] 168 … Continue reading “[World Tax News] UK Publishes Guidance on Payment of Pillar 2 Top-Up Taxes and More”

Blog, News, Company Law

November 30, 2024

SEBI Allows NSE and BSE to Act as Alternative Trading Venue at the Time of Outage on One Exchange

Circular No. SEBI/HO/MRD/TPD/P/CIR/2024/167; Dated: 28.11.2024 … Continue reading “SEBI Allows NSE and BSE to Act as Alternative Trading Venue at the Time of Outage on One Exchange”

Blog, News, Insolvency and Bankruptcy Code

November 30, 2024

HC’s Order Directing Deferment of CIRP Was to Be Set Aside as It Breaches Basic Intent of IBC Provisions | SC

Case Details: Committee of Creditors … Continue reading “HC’s Order Directing Deferment of CIRP Was to Be Set Aside as It Breaches Basic Intent of IBC Provisions | SC”

Blog, News, GST & Customs

November 29, 2024

Opportunity to Be Given to Assessee to Respond to SCN as He Was Unable to Access GSTN Portal | HC

Case Details: S. Sesappan v. … Continue reading “Opportunity to Be Given to Assessee to Respond to SCN as He Was Unable to Access GSTN Portal | HC”

News, Blog, GST & Customs

November 29, 2024

Date of Fresh Refund Application After Rectifying Deficiencies Can’t Be Considered for Purposes of Determining Period of Limitation | HC

Case Details: Sali P. Mathai … Continue reading “Date of Fresh Refund Application After Rectifying Deficiencies Can’t Be Considered for Purposes of Determining Period of Limitation | HC”

Blog, News, FEMA & Banking

November 29, 2024

Petitioner Had No Locus to Challenge Auction Sale as She Failed to Participate in Auction Process and Deposit Whole Amount | HC

Case Details: Mrs. Renu Jain … Continue reading “Petitioner Had No Locus to Challenge Auction Sale as She Failed to Participate in Auction Process and Deposit Whole Amount | HC”

Blog, News, Company Law

November 29, 2024

[Opinion] ROC Penalizes Co., WTD, CFO & CS for Failing to Address Audit Objections on Internal Financial Controls in Board Report

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] ROC Penalizes Co., WTD, CFO & CS for Failing to Address Audit Objections on Internal Financial Controls in Board Report”