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Blog, Insolvency and Bankruptcy Code

February 16, 2024

[Analysis] Corporate Exit Made Easy | IBBI Takes Progressive Steps Towards Transparent Voluntary Liquidations

Table of Contents Introduction Amendment … Continue reading “[Analysis] Corporate Exit Made Easy | IBBI Takes Progressive Steps Towards Transparent Voluntary Liquidations”

Blog, News, Insolvency and Bankruptcy Code

February 4, 2024

IPs Can Now Offer Services for Implementing of Resolution Plan as Long as Those Services are Outlined in the Plan | IBBI

CIRCULAR NO. IBBI/IP/65/2024, Dated 31.01.2024 … Continue reading “IPs Can Now Offer Services for Implementing of Resolution Plan as Long as Those Services are Outlined in the Plan | IBBI”

Blog, News, Insolvency and Bankruptcy Code

February 4, 2024

IPs Who Served or Acting as IRP/RP or Liquidator for CD Can Now be Appointed as ‘Professionals’ By a Bankruptcy Trustee

Notification No. IBBI/2023-24/GN/REG108 dated 31.01.2024 … Continue reading “IPs Who Served or Acting as IRP/RP or Liquidator for CD Can Now be Appointed as ‘Professionals’ By a Bankruptcy Trustee”

Blog, News, Insolvency and Bankruptcy Code

February 4, 2024

Assignment Issued By Agency Shall Remain Valid Till June 30 of the Year If the Expiry of 1 Year Falls from Jan to Jun | IBBI

Notification No. No. IBBI/2023-24/GN/REG111., Dated … Continue reading “Assignment Issued By Agency Shall Remain Valid Till June 30 of the Year If the Expiry of 1 Year Falls from Jan to Jun | IBBI”

Blog, News, Insolvency and Bankruptcy Code

February 4, 2024

IBBI Amends Norms Relating to the Insolvency Process for Personal Guarantors; Mandates RP to Present a Repayment Plan

Notification No. IBBI/2023-24/GN/REG107 dated 31.01.2024 … Continue reading “IBBI Amends Norms Relating to the Insolvency Process for Personal Guarantors; Mandates RP to Present a Repayment Plan”

Blog, News, Insolvency and Bankruptcy Code

February 4, 2024

IBBI Permits IPs to Resign from Assignment on the Recommendation of CoC/Consultation Committee/Debtor or Creditor

Notification No. IBBI/2023-24/GN/REG 110. Dated … Continue reading “IBBI Permits IPs to Resign from Assignment on the Recommendation of CoC/Consultation Committee/Debtor or Creditor”

Blog, News, Income Tax

February 3, 2024

Non-Renewal of Contract Doesn’t Amount to Termination; Compensation Received on Non-Renewal of Contract Isn’t Taxable

Case Details: Ms Padma Rao … Continue reading “Non-Renewal of Contract Doesn’t Amount to Termination; Compensation Received on Non-Renewal of Contract Isn’t Taxable”

Blog, News, International Tax

January 9, 2025

[World Tax News] UAE Releases Corporate Tax Guide for Tax Groups and More

World Tax News provides a … Continue reading “[World Tax News] UAE Releases Corporate Tax Guide for Tax Groups and More”

News, Blog, Income Tax

February 3, 2024

CBDT Further Extends Deadline for Processing ITRs with Refund Claims for AYs upto 2020-21 till April 30, 2024

F. NO. 225/132/2023/ITA-II dated 31-01-2024 … Continue reading “CBDT Further Extends Deadline for Processing ITRs with Refund Claims for AYs upto 2020-21 till April 30, 2024”

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February 3, 2024

HC Directs Govt. to Consider Extending Benefit of Time Limit Extension to File Appeal u/s 129 and 130 of CGST Act

Case Details: Veira Electronics (P.) … Continue reading “HC Directs Govt. to Consider Extending Benefit of Time Limit Extension to File Appeal u/s 129 and 130 of CGST Act”