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News, Blog, GST & Customs

December 5, 2023

Madras HC Set Aside Non-speaking Order Which Failed to Consider Reply/Objections Made by Assessee

Case Details: Chennai Silks v. … Continue reading “Madras HC Set Aside Non-speaking Order Which Failed to Consider Reply/Objections Made by Assessee”

Blog, News, Account & Audit

December 5, 2023

Recognition of Interest Accrual on Borrowings Classified as NPA Under Ind AS 109

Para B3.3.1 of Ind AS … Continue reading “Recognition of Interest Accrual on Borrowings Classified as NPA Under Ind AS 109”

Blog, News, Company Law

December 5, 2023

NCLAT Overturned the NCLT’s Decision Endorsing the Share Transfer, As It Was Ultra Vires to Company’s AOA

Case Details: [2023] 156 taxmann.com … Continue reading “NCLAT Overturned the NCLT’s Decision Endorsing the Share Transfer, As It Was Ultra Vires to Company’s AOA”

Blog, News, Company Law

December 5, 2023

[Opinion] Implications of Re-defining Unpublished Price Sensitive Information Under the Prohibition of Insider Trading Regulations

CS Vallabh M Joshi & … Continue reading “[Opinion] Implications of Re-defining Unpublished Price Sensitive Information Under the Prohibition of Insider Trading Regulations”

Blog, News, Income Tax

December 4, 2023

Deduction Under the Income-tax Act is Allowable If Assessee Claims it Following AS Prescribed by ICAI | HC

Case Details: Sehgal Easing Nvestments … Continue reading “Deduction Under the Income-tax Act is Allowable If Assessee Claims it Following AS Prescribed by ICAI | HC”

Blog, News, Company Law

December 4, 2023

SEBI Extends the Deadline for Implementation of New SCORES Norms to April 2024

SEBI/HO/OIAE/IGRD/CIR/P/2023/18 dated 01/12/2023 Earlier, the … Continue reading “SEBI Extends the Deadline for Implementation of New SCORES Norms to April 2024”

Blog, News, GST & Customs

December 4, 2023

GSTN Advisory | Two-factor Authentication for Taxpayers to be Introduced

GSTN Update dated December 1st, … Continue reading “GSTN Advisory | Two-factor Authentication for Taxpayers to be Introduced”

Blog, News, Company Law

December 4, 2023

SAT Advises SEBI to include Provisions in the Delisting Regulation for Addressing Grievances of Misidentified Promoters

Case Details: Synthetic Marble and … Continue reading “SAT Advises SEBI to include Provisions in the Delisting Regulation for Addressing Grievances of Misidentified Promoters”

Blog, News, GST & Customs

December 4, 2023

HC Quashed Summons Issued u/s 70 Since Assessee Had Already Made Several Appearances Before Department

Case Details: Rakesh Janghu v. … Continue reading “HC Quashed Summons Issued u/s 70 Since Assessee Had Already Made Several Appearances Before Department”

News, Blog, Transfer Pricing

December 4, 2023

No TP Adjustment If Providing Performance Guarantee or Corporate Guarantee Did Not Give Any Benefit to AE | ITAT

Case Details: Afcons Infrastructure Ltd. … Continue reading “No TP Adjustment If Providing Performance Guarantee or Corporate Guarantee Did Not Give Any Benefit to AE | ITAT”