Blog

Blog, Income Tax

January 10, 2025

Structure of a Taxing Statutes – Definition Clause | Legal Fiction | Marginal Notes

A taxing statute is a … Continue reading “Structure of a Taxing Statutes – Definition Clause | Legal Fiction | Marginal Notes”

Blog, News, Company Law

April 16, 2024

No Oppression or Mismanagement Found in Selling Land Below Market Value Due to Unclear Titles, Urgency, and Mortgage | NCLT

Case Details: Arun Kumar Kedia … Continue reading “No Oppression or Mismanagement Found in Selling Land Below Market Value Due to Unclear Titles, Urgency, and Mortgage | NCLT”

News, Blog, FEMA & Banking

April 16, 2024

Transfer of Case Due to Jurisdiction Change Doesn’t Bar Lower Authority’s Adjudication; Plea Dismissed | HC

Case Details: Auro Logistics Ltd. … Continue reading “Transfer of Case Due to Jurisdiction Change Doesn’t Bar Lower Authority’s Adjudication; Plea Dismissed | HC”

Blog, News, FEMA & Banking

April 16, 2024

RBI Allows Resident Entities to Hedge Their Exposures to Gold Price Risk Using OTC Derivatives in IFSCs

Circular No. RBI/2024-25/17 A. P. … Continue reading “RBI Allows Resident Entities to Hedge Their Exposures to Gold Price Risk Using OTC Derivatives in IFSCs”

Blog, News, Income Tax

April 16, 2024

Sum Received From Employer on Account of Out-of-Court Settlement Isn’t Taxable as Profit in Lieu of Salary | ITAT

Case Details: ITO v. Avirook … Continue reading “Sum Received From Employer on Account of Out-of-Court Settlement Isn’t Taxable as Profit in Lieu of Salary | ITAT”

Blog, News, GST & Customs

April 16, 2024

Assessment Order to Be Quashed if Assessee’s Explanations to SCN Were Disregarded in Order & No Hearing Granted | HC

Case Details: Tvl. Saravanaa Projects … Continue reading “Assessment Order to Be Quashed if Assessee’s Explanations to SCN Were Disregarded in Order & No Hearing Granted | HC”

Blog, News, GST & Customs

April 16, 2024

HC Remanded Matter Since Consultant of Assessee Hadn’t Informed Him About Initiation of Proceedings

Case Details: Tvl. Bharathi Electricals … Continue reading “HC Remanded Matter Since Consultant of Assessee Hadn’t Informed Him About Initiation of Proceedings”

Blog, News, Income Tax

April 16, 2024

Loss on Forward Foreign Exchange Contracts to Be Treated as Speculative if No Nexus Established With Business | ITAT

Case Details: DCIT v. Standard … Continue reading “Loss on Forward Foreign Exchange Contracts to Be Treated as Speculative if No Nexus Established With Business | ITAT”

Blog, Weekly Round-up

April 16, 2024

Weekly Round-up on Tax and Corporate Laws | 8th to 13th April 2024

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 8th to 13th April 2024”

Blog, GST & Customs

April 16, 2024

Handling Show Cause Notices Under GST – Statutory Provisions | Case Studies | Sample Formats

A “Show Cause Notice” under … Continue reading “Handling Show Cause Notices Under GST – Statutory Provisions | Case Studies | Sample Formats”