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Blog, News, Income Tax

August 17, 2023

Entire Capital Gain to be Taxed in Assessee’s Hand If It Was Found That Other Sellers Were Controlled Puppets | ITAT

Case Details: Deputy Commissioner of … Continue reading “Entire Capital Gain to be Taxed in Assessee’s Hand If It Was Found That Other Sellers Were Controlled Puppets | ITAT”

Blog, News, Company Law

August 17, 2023

AA Rightly Reduced the Fine as Appellant Admitted Default & Approached AA for Compounding of Offence u/s 96 | NCLAT

Case Details: Salil Gulati v. … Continue reading “AA Rightly Reduced the Fine as Appellant Admitted Default & Approached AA for Compounding of Offence u/s 96 | NCLAT”

Blog, News, Company Law

August 17, 2023

SAT Reduces Penalty From Rs 25 to 10 Lakh where LODR Violations Were Not of Much Serious Nature

Case Details: SecureKloud Technologies Ltd. … Continue reading “SAT Reduces Penalty From Rs 25 to 10 Lakh where LODR Violations Were Not of Much Serious Nature”

News, Blog, Account & Audit

August 17, 2023

Substitution Right of Lessor May Cause the Leased Assets to Fall Outside the Scope of Ind AS 116, Leases

A Ltd. herein referred to … Continue reading “Substitution Right of Lessor May Cause the Leased Assets to Fall Outside the Scope of Ind AS 116, Leases”

Blog, News, GST & Customs

August 16, 2023

Superintendent (Anti-Evasion) Can’t Direct Bank to Block Debit from Assessee’s Bank Account | Delhi HC

Case Details: Vikas Enterprises v. … Continue reading “Superintendent (Anti-Evasion) Can’t Direct Bank to Block Debit from Assessee’s Bank Account | Delhi HC”

Blog, News, GST & Customs

August 16, 2023

Service of Assessment Order on GST Portal Can’t be Challenged Being Legal Mode of Service | Kerala HC

Case Details: Koduvayur Constructions v. … Continue reading “Service of Assessment Order on GST Portal Can’t be Challenged Being Legal Mode of Service | Kerala HC”

News, Blog, International Tax

August 16, 2023

DTAA Provisions Not Applicable if Singapore Co. Declares Bonus After Assessee Becomes Resident; FTC is Eligible | ITAT

Case Details: Souvik Mukherjee v. … Continue reading “DTAA Provisions Not Applicable if Singapore Co. Declares Bonus After Assessee Becomes Resident; FTC is Eligible | ITAT”

Blog, News, Income Tax

August 16, 2023

[Opinion] TDS on Import of Goods? A Valid Question

Does A Ltd, an Indian … Continue reading “[Opinion] TDS on Import of Goods? A Valid Question”

Blog, News, Insolvency and Bankruptcy Code

August 16, 2023

Appellant’s Claim Deferred Until Corporate Debtor’s Counterclaim Determination: NCLAT

Case Details: Anheuser Busch Inbev … Continue reading “Appellant’s Claim Deferred Until Corporate Debtor’s Counterclaim Determination: NCLAT”

Blog, News, Company Law

August 16, 2023

President Gives Assent to Digital Personal Data Protection Act, 2023

Act of Parliament No. 22 … Continue reading “President Gives Assent to Digital Personal Data Protection Act, 2023”