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News, Blog, Account & Audit

October 19, 2024

Understanding Financial Guarantees | Parent to Subsidiary Accounting Explained

A financial guarantee provided by … Continue reading “Understanding Financial Guarantees | Parent to Subsidiary Accounting Explained”

Blog, News, Income Tax

October 19, 2024

CBDT Issued Revised Guidelines for Compounding of Offences Under Income Tax Act

Notification F.No.285/0812014-IT(lnv.V)163, dated 17-10-2024 In … Continue reading “CBDT Issued Revised Guidelines for Compounding of Offences Under Income Tax Act”

Blog, News, International Tax

October 19, 2024

[World Tax News] Malaysia Introduces Capital Gains Tax Exemption on Disposal of Unlisted Shares and More

Editorial Team – [2024] 167 … Continue reading “[World Tax News] Malaysia Introduces Capital Gains Tax Exemption on Disposal of Unlisted Shares and More”

Blog, News, Insolvency and Bankruptcy Code

October 19, 2024

Appellant Promoter Can’t Raise Any Objections at a Belated Stage Regarding Constitution of CoC After Approval of RP | NCLAT

Case Details: Ramesh Kesavan v. … Continue reading “Appellant Promoter Can’t Raise Any Objections at a Belated Stage Regarding Constitution of CoC After Approval of RP | NCLAT”

Blog, News, Income Tax

October 18, 2024

CBDT Releases Time-Series Data of Direct Tax Statistics Updated Up to FY 2023-24

Press Release, dated 16-10-2024 The … Continue reading “CBDT Releases Time-Series Data of Direct Tax Statistics Updated Up to FY 2023-24”

Blog, News, Income Tax

October 18, 2024

CBDT Amends Rules 31AA & 37-I | Specifies Conditions for Allowing TCS Credit to a Person Other Than the Collectee

Notification No. 114/2024, dated 16-10-2024 … Continue reading “CBDT Amends Rules 31AA & 37-I | Specifies Conditions for Allowing TCS Credit to a Person Other Than the Collectee”

Blog, News, Income Tax

October 18, 2024

No TCS u/s 206C(1F) on Any Payment Received From Reserve Bank of India | CBDT

Notification No. 115/2024, dated 16-10-2024 … Continue reading “No TCS u/s 206C(1F) on Any Payment Received From Reserve Bank of India | CBDT”

Blog, News, Company Law

October 18, 2024

SEBI Introduces Liquidity Window to Boost Early Redemption of Debt Securities

Circular No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2024/141, Dated: 16.10.2024 … Continue reading “SEBI Introduces Liquidity Window to Boost Early Redemption of Debt Securities”

Blog, News, FEMA & Banking

October 18, 2024

HC Upheld Compounding Fee Imposed on OCI Cardholder for Purchasing Agricultural Land in India Without RBI’s Permission

Case Details: Martin Jebarathna Doss … Continue reading “HC Upheld Compounding Fee Imposed on OCI Cardholder for Purchasing Agricultural Land in India Without RBI’s Permission”

Blog, News, GST & Customs

October 18, 2024

Matter to Be Remanded to Stage of SCN as Demand Was Dropped in Prior Year on Same Issue | HC

Case Details: Flemingo Dutyfree Shop … Continue reading “Matter to Be Remanded to Stage of SCN as Demand Was Dropped in Prior Year on Same Issue | HC”