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Blog, News, GST & Customs

August 9, 2024

Demand of Interest on Delayed Payment of Tax Set Aside as Revenue Failed to Provide Reasons for Rejecting Assessee’s Claim

Case Details: Lids Advertisers v. … Continue reading “Demand of Interest on Delayed Payment of Tax Set Aside as Revenue Failed to Provide Reasons for Rejecting Assessee’s Claim”

Blog, News, GST & Customs

August 9, 2024

HC Allowed Person to Travel Abroad for Business Purposes as He Was on Bail and Had Been Diligent During Inquiry

Case Details: Nitin Kapoor v. … Continue reading “HC Allowed Person to Travel Abroad for Business Purposes as He Was on Bail and Had Been Diligent During Inquiry”

News, Blog, Account & Audit

August 9, 2024

[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More”

Blog, News, Income Tax

August 9, 2024

Changes Proposed in the Finance (No. 2) Bill as Passed by the Lok Sabha

On August 7, 2024, the … Continue reading “Changes Proposed in the Finance (No. 2) Bill as Passed by the Lok Sabha”

Blog, News, Company Law

August 9, 2024

SEBI Revises AIF Norms | Tenure for Large Value Close-Ended AIFs for Accredited Investors Can Be Extended Up to 5 Years

Notification No. SEBI/LAD-NRO/GN/2024/198, Dated: 05.08.2024 … Continue reading “SEBI Revises AIF Norms | Tenure for Large Value Close-Ended AIFs for Accredited Investors Can Be Extended Up to 5 Years”

Blog, News, FEMA & Banking

August 9, 2024

RBI Keeps Repo Rate Unchanged at 6.50%

Press Release: 2024-2025/850, Dated: 08.08.2024 … Continue reading “RBI Keeps Repo Rate Unchanged at 6.50%”

Blog, News, Income Tax

August 8, 2024

[Opinion] Vivad Se Vishwas Scheme 2024 | A Step Further in an Endeavor to Reduce Pending Litigation

Anjana Singh & Parul Shah … Continue reading “[Opinion] Vivad Se Vishwas Scheme 2024 | A Step Further in an Endeavor to Reduce Pending Litigation”

Blog, News, Income Tax

August 8, 2024

Sale of Right & Interest in Shares Not Taxable If Same Were Acquired Through Agreement Executed Outside India | ITAT

Case Details: Nikesh Arora vs. … Continue reading “Sale of Right & Interest in Shares Not Taxable If Same Were Acquired Through Agreement Executed Outside India | ITAT”

Blog, News, GST & Customs

August 8, 2024

Madras HC Stayed Recovery Proceedings Till Disposal of Application for Waiver of Interest as per GST Council Recommendations

Case Details: Unitac Energy Solutions … Continue reading “Madras HC Stayed Recovery Proceedings Till Disposal of Application for Waiver of Interest as per GST Council Recommendations”

News, Blog, Company Law

August 8, 2024

SEBI Eases REITs/InvITs Nomination Rules Where Nominee Director Appointment Is Allowed Under Debenture Trustee Norms

Circular No. SEBI/HO/DDHS/DDHS-PoD-2/P/CIR/2024/108; Dated: 06.08.2024 … Continue reading “SEBI Eases REITs/InvITs Nomination Rules Where Nominee Director Appointment Is Allowed Under Debenture Trustee Norms”