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Blog, News, Income Tax

February 21, 2024

CBDT Releases Order to Waive off Tax Demand Outstanding as of Jan 31, 2024; Capped at Rs. 1 Lakh per Assessee

Order, F.no. 375/02/2023, dated 13-02-2024 … Continue reading “CBDT Releases Order to Waive off Tax Demand Outstanding as of Jan 31, 2024; Capped at Rs. 1 Lakh per Assessee”

Blog, News, Competition Law

February 21, 2024

MCA Notifies February 20, 2024 as Effective Date for Enforcement of Section 33 of Competition (Amendment) Act, 2023

Notification No. S.O. 740(E); Dated: … Continue reading “MCA Notifies February 20, 2024 as Effective Date for Enforcement of Section 33 of Competition (Amendment) Act, 2023”

Blog, News, Company Law

February 21, 2024

MCA Deploys the ‘Change Request Form’ on MCA-21 for the Convenience of Users of MCA-21 Services

General Circular No. 02/2024; Dated: … Continue reading “MCA Deploys the ‘Change Request Form’ on MCA-21 for the Convenience of Users of MCA-21 Services”

Blog, News, Insolvency and Bankruptcy Code

February 21, 2024

CIRP Plea Against Respondent Was to Be Admitted as CD’s Balance Sheet Showed Defaults in Short-Term Borrowings | NCLT

Case Details: IDBI Bank v. … Continue reading “CIRP Plea Against Respondent Was to Be Admitted as CD’s Balance Sheet Showed Defaults in Short-Term Borrowings | NCLT”

Blog, News, Insolvency and Bankruptcy Code

February 21, 2024

SC Allows Exclusion of COVID-19 Period in Lease Default Case – Petition Wasn’t Barred by Limitation

Case Details: Thakral Computers (P.) … Continue reading “SC Allows Exclusion of COVID-19 Period in Lease Default Case – Petition Wasn’t Barred by Limitation”

Blog, News, Company Law

February 21, 2024

Recovery Sought in 2017 Against Purchase Advance Paid on 10-04-2008 Was Time-Barred; CIRP Plea Dismissed | HC

Case Details: Dimension Investment & … Continue reading “Recovery Sought in 2017 Against Purchase Advance Paid on 10-04-2008 Was Time-Barred; CIRP Plea Dismissed | HC”

Blog, News, GST & Customs

February 21, 2024

HC Directed Bank to Allow Petitioner to Remit Amount of Pre-deposit From Attached Bank Accounts for Appeal Filing

Case Details: Kamrul Nahar v. … Continue reading “HC Directed Bank to Allow Petitioner to Remit Amount of Pre-deposit From Attached Bank Accounts for Appeal Filing”

News, Blog, GST & Customs

February 21, 2024

HC Dismissed Petition Challenging Assessment Order Since Assessee Had Sufficient Opportunities During Assessment Process

Case Details: Tvl. Sakthi Ganesh … Continue reading “HC Dismissed Petition Challenging Assessment Order Since Assessee Had Sufficient Opportunities During Assessment Process”

Blog, News, GST & Customs

February 21, 2024

Dept. Should Consider Assessee’s Representation to Extend Time for Making Payment Since Recovery Notice Was Issued | HC

Case Details: ACP Business Enterprises … Continue reading “Dept. Should Consider Assessee’s Representation to Extend Time for Making Payment Since Recovery Notice Was Issued | HC”

Blog, News, Company Law

February 21, 2024

Pledger-In-Default, Can’t Claim Voting Rights on Pledged Shares; HC Upholds Pledgee’s Right to Exercise Voting | HC

Case Details: Rahul Dilip Shah … Continue reading “Pledger-In-Default, Can’t Claim Voting Rights on Pledged Shares; HC Upholds Pledgee’s Right to Exercise Voting | HC”