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Blog, News, Income Tax

January 31, 2024

HC Condones Delay in Filing ITR as Co. Was Under Bonafide Belief That It Can’t File ITR If AAR Ruling is Pending

Case Details: M/s.Tiong Woon Project … Continue reading “HC Condones Delay in Filing ITR as Co. Was Under Bonafide Belief That It Can’t File ITR If AAR Ruling is Pending”

Blog, News, Competition Law

January 31, 2024

KSRTC Exclusivity for Operating Buses on Sabarimala Route is a Govt.’s Policy Decision & Isn’t Anti-Competitive | CCI

Case Details: Shine P. Sasidhar … Continue reading “KSRTC Exclusivity for Operating Buses on Sabarimala Route is a Govt.’s Policy Decision & Isn’t Anti-Competitive | CCI”

Blog, News, FEMA & Banking

January 31, 2024

Petitioners Must Exhaust DRT Remedy Before Challenging Sec. 14 Order | Writ Challenging Order Was to Be Dismissed | HC

Case Details: Rajesh Agrawal v. … Continue reading “Petitioners Must Exhaust DRT Remedy Before Challenging Sec. 14 Order | Writ Challenging Order Was to Be Dismissed | HC”

Blog, News, GST & Customs

January 30, 2024

HC Directs Reconsideration of Cancellation of GST Registration of Assessee As No Appeal Could Be Filed Before Tribunal

Case Details: AKSA Lagacies (P.) … Continue reading “HC Directs Reconsideration of Cancellation of GST Registration of Assessee As No Appeal Could Be Filed Before Tribunal”

Blog, News, GST & Customs

January 30, 2024

Dept. Should Consider Rectification Application As Assessee Wrongly Claimed ITC Under CGST/SGST Instead of IGST | HC

Case Details: Jayakrishnan K.S v. … Continue reading “Dept. Should Consider Rectification Application As Assessee Wrongly Claimed ITC Under CGST/SGST Instead of IGST | HC”

Blog, News, International Tax

January 30, 2024

Management Fee Received on Loan Advanced to Be Treated As Interest | Eligible for Tax Exemption Under Indo-Germany DTAA

Case Details: Aka Ausfuhrrkreditgesellschaft MBH … Continue reading “Management Fee Received on Loan Advanced to Be Treated As Interest | Eligible for Tax Exemption Under Indo-Germany DTAA”

News, Blog, Income Tax

January 30, 2024

CBDT Notifies ITR-6 for the Assessment Year 2024-25

Notification no. 16/2024, dated 24-01-2024 … Continue reading “CBDT Notifies ITR-6 for the Assessment Year 2024-25”

Blog, News, Company Law

January 30, 2024

SEBI Extends Timeline for Complying With Provisions Relating to Verification of Market Rumours By Listed Entities

Circular No: SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/7, Dated: 25.01.2024 … Continue reading “SEBI Extends Timeline for Complying With Provisions Relating to Verification of Market Rumours By Listed Entities”

Blog, News, Company Law

January 30, 2024

SEBI Streamlines Regulatory Reporting by Designated Depository Participants (DDPs) and Custodians Through SI Portal

Circular No. SEBI/HO/AFD/AFD-SEC-2/P/CIR/2024/8, Dated 25.01.2024 … Continue reading “SEBI Streamlines Regulatory Reporting by Designated Depository Participants (DDPs) and Custodians Through SI Portal”

Blog, News, Company Law

January 30, 2024

AIF Norms Don’t Specify a Provision to Extend 5-Year Period for Accepting Funds From Angel Investors u/r 19D(3) | SEBI

Informal Guidance No. NAFD/PoD/OW/2024/3685, Dated … Continue reading “AIF Norms Don’t Specify a Provision to Extend 5-Year Period for Accepting Funds From Angel Investors u/r 19D(3) | SEBI”