Case Details: M/S Acme Cleantech … Continue reading “HC Stays CBIC Circular on Corporate Guarantee; Allows Authority to Decide Case Without Being Influenced by Clarification”
Case Details: Market Committee v. … Continue reading “Payment Made to Agricultural Board for Development Works on Assessee’s Behalf Allowable as Application of Income”
For long-term foreign currency payables … Continue reading “Ind AS 21 | Handling Foreign Exchange Gains/Losses from Payables for Capital Goods/Services”
Circular No. RBI/2024-25/33 DOR.CRE.REC.22/21.03.054/2024-25; Dated: … Continue reading “RBI Revises Extant Guidelines on Issuance of ‘Irrevocable Payment Commitments’ by Banks”
Press Release No. 2024-2025/244; Dated: … Continue reading “RBI Releases Draft Guidelines on ‘Prudential Framework for Income Recognition, Asset Classification and Provisioning’”
Circular No. IFSCA/CMD-DMIIT/NBE-DI/2024-25/001; Dated: 02.05.2024 … Continue reading “IFSCA Allows SEBI-Registered Non-Bank Entities as FPIs to Issue Derivative Instruments in GIFT-IFSC”
Circular No. F. No. IFSCA-IF-10PR/2/2024-Capital … Continue reading “IFSCA Enables NRIs and OCIs to Invest in Indian Securities Through Schemes or Funds Established in IFSC”