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Blog, News, FEMA & Banking

June 12, 2023

Scheduled Commercial Banks can Set their own Limits for Borrowing in Call and Notice Money Markets: RBI

Circular No. RBI/2022-23/38 FMRD.DIRD.02/14.01.001/2023-24, Dated … Continue reading “Scheduled Commercial Banks can Set their own Limits for Borrowing in Call and Notice Money Markets: RBI”

Blog, News, FEMA & Banking

June 12, 2023

RBI Issues Framework for Compromise Settlements and Technical Write-offs

Circular No. RBI/2023-24/40 DOR.STR.REC.20/21.04.048/2023-24, Dated … Continue reading “RBI Issues Framework for Compromise Settlements and Technical Write-offs”

Blog, News, Company Law

June 12, 2023

SEBI Mandates Upstreaming of all Client Funds Received by Stock Brokers/Clearing Members to the Clearing Corporations

Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84, Dated 08.06.2023 … Continue reading “SEBI Mandates Upstreaming of all Client Funds Received by Stock Brokers/Clearing Members to the Clearing Corporations”

Blog, News, Income Tax

June 12, 2023

Incomplete Construction Cost Treated as Consideration if Developer can’t Complete Project under JDA: ITAT

Case Details: Pulikkaparambil George Jacob … Continue reading “Incomplete Construction Cost Treated as Consideration if Developer can’t Complete Project under JDA: ITAT”

News, Blog, Company Law

June 12, 2023

SEBI Notifies Guidelines for Online Processing of Investor Service Requests and Complaints by RTAs

Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/72, Dated 08.06.2023 … Continue reading “SEBI Notifies Guidelines for Online Processing of Investor Service Requests and Complaints by RTAs”

Blog, News, International Tax

June 12, 2023

[World Tax News] UAE Releases Conditions under which a NR is Considered to have a “Nexus” in UAE and More

Editorial Team – [2023] 151 … Continue reading “[World Tax News] UAE Releases Conditions under which a NR is Considered to have a “Nexus” in UAE and More”

Blog, News, Account & Audit

June 12, 2023

Accounting Treatment of Internally Generated Utilities Consumed During Trial Run under Ind AS 16

A company is in the … Continue reading “Accounting Treatment of Internally Generated Utilities Consumed During Trial Run under Ind AS 16”

News, Blog, Company Law

June 12, 2023

SEBI Allows Mutual Funds to Participate in Repos on Listed AA & Above Rated Corporate Debt Securities

Circular No. SEBI/HO/IMD/IMD PoD-2/P/CIR/2023/85, Dated … Continue reading “SEBI Allows Mutual Funds to Participate in Repos on Listed AA & Above Rated Corporate Debt Securities”

Blog, News, GST & Customs

June 9, 2023

HC Directed Release of Confiscated Goods/Vehicle After Penalty Deposit or Bank Guarantee Furnished

Case Details: Pooran Singh v. … Continue reading “HC Directed Release of Confiscated Goods/Vehicle After Penalty Deposit or Bank Guarantee Furnished”

News, Blog, GST & Customs

June 9, 2023

Provisions of Section 13(8)(b) and Section 8(2) of IGST Act are Legal, Valid & Constitutional: HC

Case Details: Dharmendra M. Jani … Continue reading “Provisions of Section 13(8)(b) and Section 8(2) of IGST Act are Legal, Valid & Constitutional: HC”