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Blog, News, Income Tax

November 9, 2023

No Sec. 40A(3) Disallowance if Cash Payment Was Made Due to Freezing of Bank Account by Govt. Agency | ITAT

Case Details: Shashikala Ram Kumar … Continue reading “No Sec. 40A(3) Disallowance if Cash Payment Was Made Due to Freezing of Bank Account by Govt. Agency | ITAT”

News, Blog, Insolvency and Bankruptcy Code

November 8, 2023

Writ to Quash Personal Guarantee Demand Dismissed Due to RP Was Approved and There Was no Art. 14 Violation | HC

Case Details: Vineet Saraf v. … Continue reading “Writ to Quash Personal Guarantee Demand Dismissed Due to RP Was Approved and There Was no Art. 14 Violation | HC”

Blog, News, Insolvency and Bankruptcy Code

November 8, 2023

CIRP Plea Filed u/s 7 Against a Default That Occurred During the Period Excluded u/s 10A Wasn’t Maintainable | NCLAT

Case Details: Vikram Kumar v. … Continue reading “CIRP Plea Filed u/s 7 Against a Default That Occurred During the Period Excluded u/s 10A Wasn’t Maintainable | NCLAT”

Blog, News, Income Tax

November 8, 2023

Govt. Notifies Revised Sum Payable on Deposit Made Under National Savings Recurring Deposit Scheme

G.S.R. 818(E), dated 03-11-2023 The … Continue reading “Govt. Notifies Revised Sum Payable on Deposit Made Under National Savings Recurring Deposit Scheme”

Blog, News, Income Tax

November 8, 2023

AO Need to Physically Issue Notice If Assessee’s e-mail ID is Not Available in PAN Database | HC

Case Details: Fayeza Muffadal Contractor … Continue reading “AO Need to Physically Issue Notice If Assessee’s e-mail ID is Not Available in PAN Database | HC”

Blog, News, GST & Customs

December 11, 2023

Accused of ITC Fraud Who Had Co-operated in Investigation Should Be Released on Bail | HC

Case Details: Rakesh Kumar Gupta … Continue reading “Accused of ITC Fraud Who Had Co-operated in Investigation Should Be Released on Bail | HC”

Blog, News, GST & Customs

November 8, 2023

Delay in Concluding Proceedings Per Se Can’t Be a Sole Ground to Quash Summoning Order | HC

Case Details: Mukesh Kumar Tyagi … Continue reading “Delay in Concluding Proceedings Per Se Can’t Be a Sole Ground to Quash Summoning Order | HC”

Blog, News, Account & Audit

November 8, 2023

Allocation of Consideration Among Lease Component and Non-lease Component

Para 13 of Ind AS … Continue reading “Allocation of Consideration Among Lease Component and Non-lease Component”

Blog, News, Insolvency and Bankruptcy Code

November 8, 2023

IBBI Releases Discussion Paper on Real-estate Related Proposals | Proposes Mandatory Registration of Projects With RERA

IBBI’s discussion paper on ‘Real-Estate … Continue reading “IBBI Releases Discussion Paper on Real-estate Related Proposals | Proposes Mandatory Registration of Projects With RERA”

Blog, Weekly Round-up

November 7, 2023

Weekly Round-up on Tax and Corporate Laws | 30th October to 4th November 2023

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 30th October to 4th November 2023”