Blog

Blog, News, GST & Customs

September 11, 2024

HC Set-Aside Order as Department Didn’t Verify Financial Statements & Assessee Failed to Participate in Proceedings

Case Details: Tvl. International Construction … Continue reading “HC Set-Aside Order as Department Didn’t Verify Financial Statements & Assessee Failed to Participate in Proceedings”

Blog, News, Income Tax

September 11, 2024

[Opinion] Angel Tax Abolition | Catalyzing Start-Up Growth While Navigating Tax Evasion Concerns

Vishal Gupta & Shahrukh Kamal … Continue reading “[Opinion] Angel Tax Abolition | Catalyzing Start-Up Growth While Navigating Tax Evasion Concerns”

Blog, News, Income Tax

September 11, 2024

AO Can’t Levy Penalty for Misreporting of Income if Additions Were Made on Estimate Basis | ITAT

Case Details: VDB Infra and … Continue reading “AO Can’t Levy Penalty for Misreporting of Income if Additions Were Made on Estimate Basis | ITAT”

Blog, Account & Audit

September 11, 2024

[Analysis] Evolution of Sustainability Reporting in India – Understanding the Impact and Implications

The BRSR (Business Responsibility and … Continue reading “[Analysis] Evolution of Sustainability Reporting in India – Understanding the Impact and Implications”

Blog, News, Company Law

September 11, 2024

Govt. Amends Merger Rules | Prescribes Norms for Cross-Border Deals Between Foreign Holding Company and Indian WOS

Notification No. G.S.R 555(E); Dated: … Continue reading “Govt. Amends Merger Rules | Prescribes Norms for Cross-Border Deals Between Foreign Holding Company and Indian WOS”

Blog, News, GST & Customs

September 11, 2024

Recommendations of 54th GST Council Meeting | Press Release

The 54th GST Council meeting … Continue reading “Recommendations of 54th GST Council Meeting | Press Release”

Blog, News, Competition Law

September 11, 2024

CCI Broadens ‘Transaction Value’ u/s 5(d) to Include All Forms of Consideration, Covenants, and Future Payables

Notification No. CCI/CD/Comb. Regl./2024, Dated: … Continue reading “CCI Broadens ‘Transaction Value’ u/s 5(d) to Include All Forms of Consideration, Covenants, and Future Payables”

Blog, News, Company Law

September 11, 2024

MCA Includes Legal Heir Certificate as Proof to Register Transmission of Securities Up to Rs 5,00,000

Notification No. G.S.R 552(E); Dated: … Continue reading “MCA Includes Legal Heir Certificate as Proof to Register Transmission of Securities Up to Rs 5,00,000”

News, Blog, Account & Audit

September 11, 2024

MCA Issues Companies (Indian Accounting Standards) Second Amendment Rules, 2024, Revising Ind AS 116

The Ministry of Corporate Affairs … Continue reading “MCA Issues Companies (Indian Accounting Standards) Second Amendment Rules, 2024, Revising Ind AS 116”

Blog, News, Account & Audit

September 11, 2024

NFRA Imposes Penalty on Auditor for Negligence in Audit of Financial Statements

In pursuant to the information … Continue reading “NFRA Imposes Penalty on Auditor for Negligence in Audit of Financial Statements”