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Blog, News, Income Tax

November 29, 2023

AO to Record Reasons for Carrying Out Reassessment Even in Case of an Ex-parte Proceedings | HC

Case Details: GSP Piling Constructions … Continue reading “AO to Record Reasons for Carrying Out Reassessment Even in Case of an Ex-parte Proceedings | HC”

Blog, News, Insolvency and Bankruptcy Code

November 29, 2023

AA Correctly Dismissed Appellant’s Plea to Exclude Plot from Liquidation Estate as it Remained in CD’s Ownership | NCLAT

Case Details: K. Jayant Prabhu … Continue reading “AA Correctly Dismissed Appellant’s Plea to Exclude Plot from Liquidation Estate as it Remained in CD’s Ownership | NCLAT”

Blog, FEMA & Banking

January 8, 2024

Understanding the Measures in Preventing Fraud in Banking Operations

Table of Contents Introduction Preventive … Continue reading “Understanding the Measures in Preventing Fraud in Banking Operations”

Blog, Weekly Round-up

November 28, 2023

Weekly Round-up on Tax and Corporate Laws | 20th to 25th November 2023

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 20th to 25th November 2023”

Blog, News, Account & Audit

November 28, 2023

Accounting Treatment for Upfront Payment Made Towards Hooking-Up Charges for Using a Facility

A company has entered into … Continue reading “Accounting Treatment for Upfront Payment Made Towards Hooking-Up Charges for Using a Facility”

Blog, News, Company Law

November 28, 2023

SEBI’s Bold Moves | A Paradigm Shift With Key Reforms for Not-for-Profit Organizations (NPOs), REITs, and AIFs

In its 203rd Board Meeting … Continue reading “SEBI’s Bold Moves | A Paradigm Shift With Key Reforms for Not-for-Profit Organizations (NPOs), REITs, and AIFs”

Blog, News, GST & Customs

November 28, 2023

Maximum Penalty of Rs. 10,000 Shall be Levied for Delay in Payment of Tax Amount; Penalty u/s 122 to be Set Aside | HC

Case Details: Clear Secured Services … Continue reading “Maximum Penalty of Rs. 10,000 Shall be Levied for Delay in Payment of Tax Amount; Penalty u/s 122 to be Set Aside | HC”

Blog, News, GST & Customs

November 28, 2023

[Opinion] Why Reversal of ITC for the Tax Period from 01-07-2017 to 01-10-2022, When Supplier Has Not Paid to Government

S.V.S. Raghavendra Rao & S.V.S.N. … Continue reading “[Opinion] Why Reversal of ITC for the Tax Period from 01-07-2017 to 01-10-2022, When Supplier Has Not Paid to Government”

News, Blog, FEMA & Banking

November 28, 2023

Section 13(10) of SARFAESI Act Can’t Be Considered as a Remedy Independent of RDB Act, Rules Delhi HC

Case Details: 156 taxmann.com 635 … Continue reading “Section 13(10) of SARFAESI Act Can’t Be Considered as a Remedy Independent of RDB Act, Rules Delhi HC”

Blog, News, Income Tax

November 28, 2023

Order Passed by CIT u/s 119 Can’t be Filed Before ITAT as it isn’t Listed u/s 253(1) as an Appealable Order

Case Details: Shrishti Institute of … Continue reading “Order Passed by CIT u/s 119 Can’t be Filed Before ITAT as it isn’t Listed u/s 253(1) as an Appealable Order”