Blog

Blog, News, GST & Customs

March 6, 2024

Matter to Be Remanded Back Since 36% GST Instead of 18% Levied Because Financials Didn’t Reflect State-Wise Turnover | HC

Case Details: Tvl. Future General … Continue reading “Matter to Be Remanded Back Since 36% GST Instead of 18% Levied Because Financials Didn’t Reflect State-Wise Turnover | HC”

Blog, News, FEMA & Banking

March 6, 2024

Borrower’s Plea Based on a False Claims Preventing Bank From Taking Possession of Secured Assets Was to Be Dismissed | HC

Case Details: Siba International v. … Continue reading “Borrower’s Plea Based on a False Claims Preventing Bank From Taking Possession of Secured Assets Was to Be Dismissed | HC”

News, Blog, Insolvency and Bankruptcy Code

March 6, 2024

Inclusion of Mortgaged Property in Liquidation Estate Was Right As Applicant Didn’t Comply With Reg. 21A Requirements

Case Details: Phoenix ARC Pvt … Continue reading “Inclusion of Mortgaged Property in Liquidation Estate Was Right As Applicant Didn’t Comply With Reg. 21A Requirements”

News, Blog, GST & Customs

March 6, 2024

Dept. Can’t Cancel Registration on Ground That Firm Not Found During Physical Verification Without Hearing Assessee | HC

Case Details: Rane Brake Lining … Continue reading “Dept. Can’t Cancel Registration on Ground That Firm Not Found During Physical Verification Without Hearing Assessee | HC”

Blog, News, Insolvency and Bankruptcy Code

March 6, 2024

NCLT’s Court III Rightfully Appointed RP for Personal Guarantor During Pending CIRP of CD in Court V | NCLAT

Case Details: Bhavesh Harkishandas Mehta … Continue reading “NCLT’s Court III Rightfully Appointed RP for Personal Guarantor During Pending CIRP of CD in Court V | NCLAT”

Blog, News, GST & Customs

March 6, 2024

Order Confirming Demand of Tax, Interest & Penalty to Be Set Aside If It Didn’t Contain Reasons for Rejecting Assessee’s Reply | HC

Case Details: Rainbow Stones (P.) … Continue reading “Order Confirming Demand of Tax, Interest & Penalty to Be Set Aside If It Didn’t Contain Reasons for Rejecting Assessee’s Reply | HC”

Blog, News, Income Tax

March 6, 2024

[Opinion] Why Should Govt. Modify the Provision of Disallowance on Delayed Payment to MSEs?

Image Section 43B of the … Continue reading “[Opinion] Why Should Govt. Modify the Provision of Disallowance on Delayed Payment to MSEs?”

Blog, News, Income Tax

March 6, 2024

No Relief If Assessee Failed to Prove Source of Income Even If Wrong Section Was Invoked By AO | HC

Case Details: Rajmeet Singh v. … Continue reading “No Relief If Assessee Failed to Prove Source of Income Even If Wrong Section Was Invoked By AO | HC”

Other Laws, Blog

March 6, 2024

[Analysis] Bharatiya Nyaya Sanhita (BNS) 2023 – An Overview

By Prof. (Dr.) Vageshwari Deswal … Continue reading “[Analysis] Bharatiya Nyaya Sanhita (BNS) 2023 – An Overview”

Blog, Weekly Round-up

March 5, 2024

Weekly Round-up on Tax and Corporate Laws | 26th February to 2nd March 2024

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 26th February to 2nd March 2024”