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Blog, News, Insolvency and Bankruptcy Code

August 17, 2024

IBBI Extends Timeline for Disposing Show-Cause Notices by Disciplinary Committee to 60 Days

Notification No. IBBI/2024-25/GN/REG115, Dated: 13.08.2024 … Continue reading “IBBI Extends Timeline for Disposing Show-Cause Notices by Disciplinary Committee to 60 Days”

Blog, News, Insolvency and Bankruptcy Code

August 17, 2024

IBBI Mandates ‘Information Utilities’ to Verify Key Information Before Issuing a Record of Default in Form D

Notification No. No. IBBI/2024-25/GN/REG114; Dated: … Continue reading “IBBI Mandates ‘Information Utilities’ to Verify Key Information Before Issuing a Record of Default in Form D”

Blog, News, FEMA & Banking

August 17, 2024

HC Mandates Exhaustion of Statutory Remedies Under PMLA Before Invoking Article 226 Relief

Case Details: Nium India (P.) … Continue reading “HC Mandates Exhaustion of Statutory Remedies Under PMLA Before Invoking Article 226 Relief”

Blog, News, Account & Audit

August 17, 2024

[Global Financial Insights] IASB Proposes an Update on Disclosure Requirements of Contracts for Renewable Electricity and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] IASB Proposes an Update on Disclosure Requirements of Contracts for Renewable Electricity and More”

News, Blog, GST & Customs

August 17, 2024

Order Passed During Pendency of IRP Proceedings Was Not Sustainable and to Be Set Aside | HC

Case Details: Bgr Energy Systems … Continue reading “Order Passed During Pendency of IRP Proceedings Was Not Sustainable and to Be Set Aside | HC”

Blog, News, GST & Customs

August 17, 2024

CBIC Directs for Applying Para 2(g) of Instruction No. 1/2023-24-GST (INV.) in Audit Matters | Instruction

Instruction No. 03/2024-GST dated August … Continue reading “CBIC Directs for Applying Para 2(g) of Instruction No. 1/2023-24-GST (INV.) in Audit Matters | Instruction”

Blog, News, International Tax

August 17, 2024

[World Tax News] UAE Releases Corporate Tax Guide on Determination of ‘Taxable Income’ and More

Editorial Team – [2024] 165 … Continue reading “[World Tax News] UAE Releases Corporate Tax Guide on Determination of ‘Taxable Income’ and More”

Blog, News, Income Tax

August 17, 2024

Tax Liability Cannot Be Shifted to an Entity That Was Shown as a Vendor in Registered Sales Deed | HC

Case Details: Sushant Agarwal (HUF) … Continue reading “Tax Liability Cannot Be Shifted to an Entity That Was Shown as a Vendor in Registered Sales Deed | HC”

Blog, News, Company Law

August 17, 2024

Non-Promoter Shareholders of a Subsidiary May Be Classified as Promoter Group Post-Amalgamation; SEBI Clarifies

Informal Guidance No. SEBI/HO/CFD/PoD-2/OW/P/2024/16806/1, Dated: … Continue reading “Non-Promoter Shareholders of a Subsidiary May Be Classified as Promoter Group Post-Amalgamation; SEBI Clarifies”

News, Blog, Company Law

August 17, 2024

MCA Introduces ‘Ind AS 117’ on Insurance Contracts

Notification No. G.S.R 492(E); Dated: … Continue reading “MCA Introduces ‘Ind AS 117’ on Insurance Contracts”