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Blog, News, Income Tax

November 6, 2023

No Sec. 12AA Registration to a Bar Association If It Isn’t Registered as a Trust/Institution With Statutory Authorities

Case Details: Income Tax Appellate … Continue reading “No Sec. 12AA Registration to a Bar Association If It Isn’t Registered as a Trust/Institution With Statutory Authorities”

Blog, News, Account & Audit

November 6, 2023

Understanding the Connection Between Foreign Exchange Rate Change and PPE Impairment

Para 25 of Ind AS … Continue reading “Understanding the Connection Between Foreign Exchange Rate Change and PPE Impairment”

Blog, News, Competition Law

November 6, 2023

CCI Imposes Rs. 1 Cr. Penalty on Airtel for Acquiring Shareholding of Target-Co. Without Giving Notice to Commission

Case Details: Bharti Airtel Ltd. … Continue reading “CCI Imposes Rs. 1 Cr. Penalty on Airtel for Acquiring Shareholding of Target-Co. Without Giving Notice to Commission”

Blog, Advisory, GST & Customs

April 25, 2024

[Analysis] GST on Corporate Guarantees – Mystery Continues

Table of Contents Introduction Relevant … Continue reading “[Analysis] GST on Corporate Guarantees – Mystery Continues”

Blog, News, Income Tax

November 4, 2023

Standard Deduction u/s Section 24(a) Cannot Be Claimed If Income is Subject to Application u/s 11 | ITAT

Case Details: Amalsad Vibhag Kelvani … Continue reading “Standard Deduction u/s Section 24(a) Cannot Be Claimed If Income is Subject to Application u/s 11 | ITAT”

Blog, News, Insolvency and Bankruptcy Code

November 4, 2023

IBBI Proposes that RPs Must Conduct Monthly Meetings of CoC to Review Work of the CIRP

IBBI’s discussion paper on amendments … Continue reading “IBBI Proposes that RPs Must Conduct Monthly Meetings of CoC to Review Work of the CIRP”

Blog, News, Company Law

November 4, 2023

No Appeal Lie u/s 560 If a Co. Was Voluntarily Struck Off As Per Prescribed Procedure | NCLT Rightly Dismissed Plea

Case Details: Rajneesh Ghei v. … Continue reading “No Appeal Lie u/s 560 If a Co. Was Voluntarily Struck Off As Per Prescribed Procedure | NCLT Rightly Dismissed Plea”

Blog, News, Insolvency and Bankruptcy Code

November 4, 2023

Real Estate Co. Gets Interim Protection From HC in Funds Diversion Case As It Cooperated With Investigation

Case Details: Sidharth Chauhan v. … Continue reading “Real Estate Co. Gets Interim Protection From HC in Funds Diversion Case As It Cooperated With Investigation”

Blog, News, GST & Customs

November 4, 2023

Penalty Must Be Levied If Assessee Failed to Deposit Tax Collected Within a Period of 30 Days From Due Date | HC

Case Details: Global Plasto Wares … Continue reading “Penalty Must Be Levied If Assessee Failed to Deposit Tax Collected Within a Period of 30 Days From Due Date | HC”

Blog, News, GST & Customs

November 4, 2023

CBIC Notifies the Amnesty Scheme for Filing of Appeals Under GST | Notification

Notification No. 53/2023– Central Tax … Continue reading “CBIC Notifies the Amnesty Scheme for Filing of Appeals Under GST | Notification”