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Blog, News, FEMA & Banking

May 10, 2024

RBI Holds Meeting With Major Stakeholders in UPI Ecosystem; Aims to Scale Up UPI Infrastructure

Press Release: 2024-2025/268; Dated: 08.05.2024 … Continue reading “RBI Holds Meeting With Major Stakeholders in UPI Ecosystem; Aims to Scale Up UPI Infrastructure”

Blog, News, Company Law

May 10, 2024

MCA Relaxes Additional Fees on Filing of Form LLP BEN-2 and LLP Form No. 4D Up to 01.07.2024

General Circular No. 03/2024; Dated: … Continue reading “MCA Relaxes Additional Fees on Filing of Form LLP BEN-2 and LLP Form No. 4D Up to 01.07.2024”

Blog, News, Account & Audit

May 9, 2024

Accounting Treatment of Past Service Cost in Computing the Defined Benefit Obligation According to Ind AS 19

Accounting for defined benefit plans … Continue reading “Accounting Treatment of Past Service Cost in Computing the Defined Benefit Obligation According to Ind AS 19”

Blog, News, Income Tax

May 9, 2024

[Opinion] Preponderance – The Test of Probability

CA Sanjeeva Narayan – [2024] … Continue reading “[Opinion] Preponderance – The Test of Probability”

Blog, News, GST & Customs

May 9, 2024

[Opinion] Importance of the Phrase “Inter Alia” Used in Circular and Its Impact on Penalty Under Section 129 of the CGST Act 2017

CA Rajesh Kumar Khandelwal – … Continue reading “[Opinion] Importance of the Phrase “Inter Alia” Used in Circular and Its Impact on Penalty Under Section 129 of the CGST Act 2017″

Blog, News, Company Law

May 9, 2024

[Opinion] ROC Penalizes Directors of a Company for Failing to Notify the Change of Residential Addresses to the Central Government

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] ROC Penalizes Directors of a Company for Failing to Notify the Change of Residential Addresses to the Central Government”

Blog, News, Income Tax

May 9, 2024

Rule 3(7)(i) Prescribing SBI’s Rate of Interest to Compute Perquisite Isn’t Arbitrary/Unequal | SC

Case Details: All India Bank … Continue reading “Rule 3(7)(i) Prescribing SBI’s Rate of Interest to Compute Perquisite Isn’t Arbitrary/Unequal | SC”

News, Blog, GST & Customs

May 9, 2024

Taxpayers Who Are Assigned to Either CGST or SGST Authorities Can’t Be Adjudicated by Counterparts | HC

Case Details: Ram Agencies v. … Continue reading “Taxpayers Who Are Assigned to Either CGST or SGST Authorities Can’t Be Adjudicated by Counterparts | HC”

Blog, News, Insolvency and Bankruptcy Code

May 9, 2024

Resolution Applicant Who Was Declared Willful Defaulter Before Submission of Plan Wasn’t Eligible to Submit RP | NCLAT

Case Details: Namdev Hindurao Patil … Continue reading “Resolution Applicant Who Was Declared Willful Defaulter Before Submission of Plan Wasn’t Eligible to Submit RP | NCLAT”

Blog, News, Account & Audit

May 8, 2024

[Opinion] Audit of Hedge Funds – Complexities & Challenges

Introduction Hedge funds are a … Continue reading “[Opinion] Audit of Hedge Funds – Complexities & Challenges”