Accounting of Government Grants in Business Reorganizations
This document explores the accounting implications for a newly formed…
October 17, 2024
CBDT Releases FAQs on Direct Tax Vivad Se Vishwas Scheme 2024
Circular No. 12 of 2024, dated 15-10-2024 The Finance (No.…
October 17, 2024
CBDT Notifies New Form 12BAA Incorporating Details of Tax Deducted or Collected by Others
Notification No. 112/2024, dated 15-10-2024 The Finance (No. 2) Act…
October 17, 2024
PIL Filed in HC Challenging Denial of Sec. 87A Rebate Under New Tax Regime If Income Taxed at Special Tax Rates
News, dated 16-10-2024 A Public Interest Litigation (PIL) has been…
October 17, 2024
How Section 270A Penalises Under-Reported Income – Key Provisions Explained
Section 270A of the Income Tax Act provides penalties for…
October 16, 2024
ICAI Issues New Standards on Quality Management | SQM 1 and SQM 2 for Audits and Assurance Engagements
The Auditing and Assurance Standards Board (AASB) of ICAI has…
October 16, 2024
All Market Infrastructure Institutions Must Disclose Their Shareholding Pattern as per LODR Regulations: SEBI
Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/139, Dated: 14.10.2024 In order to ensure ease…
October 16, 2024
SEBI Issues Corrigendum on SOP for MIIs Regarding Payment of “Financial Disincentives” Due to Technical Glitches
Circular No. SEBI/HO/MRD/TPD-1/P/CIR/2024/138, Dated: 14.10.2024 SEBI has issued a corrigendum…
October 16, 2024
Trust Established Before Commencement of Act Can Make Provisions for Payment of Honorarium to Trustees: HC
Case Details: Commissioner of Income-tax vs. Indian Institute of Engineering…
October 16, 2024
Bail Granted to Applicant u/s 45 of PMLA Due to Long Incarceration & Trial Delays, Upon Furnishing Personal Bond | HC
Case Details: Gurupada Maji v. Enforcement Directorate - [2024] 167…
October 16, 2024