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Blog, News, Income Tax

July 15, 2024

Interest Payable on Loan Taken From State Govt. or World Bank Not Covered Within the Provision of Section 43B

Case Details: Jaipur Vidyut Vitran … Continue reading “Interest Payable on Loan Taken From State Govt. or World Bank Not Covered Within the Provision of Section 43B”

Blog, News, Company Law

July 15, 2024

SEBI Expands Scope of ‘Liquid Assets’ to Include Units of Overnight/Liquid Mutual Fund Schemes & Repo on Corporate Bonds

Notification No. SEBI/LAD-NRO/GN/2024/191, Dated 08.07.2024 … Continue reading “SEBI Expands Scope of ‘Liquid Assets’ to Include Units of Overnight/Liquid Mutual Fund Schemes & Repo on Corporate Bonds”

Blog, News, FEMA & Banking

July 15, 2024

Court Refuses Bail to Broker in Money Laundering Case Due to Lack of Plausible Explanation for High Commission Rates

Case Details: Udhaw Singh v. … Continue reading “Court Refuses Bail to Broker in Money Laundering Case Due to Lack of Plausible Explanation for High Commission Rates”

Blog, News, Insolvency and Bankruptcy Code

July 15, 2024

AA Rightly Approved Resolution Plan of SRA, Affirming CoC’s Unanimous Commercial Decision and Viability Assessment | NCLAT

Case Details: Madhukar Shetty Ex-Director … Continue reading “AA Rightly Approved Resolution Plan of SRA, Affirming CoC’s Unanimous Commercial Decision and Viability Assessment | NCLAT”

Blog, News, FEMA & Banking

July 12, 2024

RBI Allows Authorised Persons to Facilitate Remittances for All Permissible Purposes Under LRS to IFSCs

Circular No. RBI/2024-25/49 A.P. (DIR … Continue reading “RBI Allows Authorised Persons to Facilitate Remittances for All Permissible Purposes Under LRS to IFSCs”

Blog, News, FEMA & Banking

July 12, 2024

RBI Permits Banks to Use Ratings of ‘Brickwork Ratings India Private Limited’ for Bank Loans Up to Rs 250 Crore

Circular No. RBI/2024-25/50 DOR.STR.REC.26/21.06.008/2024-25; Dated: … Continue reading “RBI Permits Banks to Use Ratings of ‘Brickwork Ratings India Private Limited’ for Bank Loans Up to Rs 250 Crore”

Blog, News, Company Law

July 12, 2024

Listed Entities to Publish a Window Advertisement in Newspapers Referring QR Code & Website Link for Financial Results | SEBI

Notification No. F. No. SEBI/LAD-NRO/GN/2024/189; … Continue reading “Listed Entities to Publish a Window Advertisement in Newspapers Referring QR Code & Website Link for Financial Results | SEBI”

News, Blog, Company Law

July 12, 2024

SEBI Amends NCS Norms | Requires Issuer to Fix a Record Date 15 Days Before Due Date for Payment of Interest/Dividend

Notification No. SEBI/LAD-NRO/GN/2024/190, Dated: 08.07.2024 … Continue reading “SEBI Amends NCS Norms | Requires Issuer to Fix a Record Date 15 Days Before Due Date for Payment of Interest/Dividend”

Blog, News, Account & Audit

July 12, 2024

[Global Financial Insights] IASB Publishes Its Post-Implementation Review of Impairment Requirements in IFRS 9 and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] IASB Publishes Its Post-Implementation Review of Impairment Requirements in IFRS 9 and More”

Blog, News, Income Tax

July 12, 2024

Right to Own Property Is to Be Considered From Date of Issue of Allotment Letter for Computing Holding Period | ITAT

Case Details: Minaxi Mahesh Pawani … Continue reading “Right to Own Property Is to Be Considered From Date of Issue of Allotment Letter for Computing Holding Period | ITAT”