Handling Debit Balances in Capital Reserves Post Merger | Accounting and Disclosure
The merger of subsidiary with the parent means that the…
July 1, 2024
CBDT Allows E-Filing for Forms 3CN, 3CS, 3CEC, 3CEFB, 59, and 59A
Notification no. 01/12024-25, dated 24-06-2024 The Central Board of Direct…
July 1, 2024
Govt. Keeps Interest Rates of Small Savings Schemes Unchanged for 2nd Quarter of FY 2024-25
Notification No.1/4/2019-NS, dated 28-06-2024 The Ministry of Finance has announced…
July 1, 2024
Provisions of Sec. 13 Not Applicable to Charitable Society Notified u/s 10(23C) Along with Sec. 12A | ITAT
Case Details: Income Tax Officer vs. The Theosophical Society -…
July 1, 2024
HC Directs Dept. to Unblock ITC of Assessee Since Blocking of ITC Is Only for a Period of One Year Which Is Already Lapsed
Case Details: Padmavathi Electrometals (P.) Ltd. v. Assistant Commissioner of…
July 1, 2024
HC Directed Refund of Amount Encased by Tax Authorities as No GSTAT Was Constituted to File Appeal
Case Details: Cultgear (P.) Ltd. v. Commercial Tax Officer (Enf)…
July 1, 2024
HC Protects Applicant’s Property Post Winding-Up as Sale Agreement with MIDC Approval Was Deemed Fair and Bona Fide
Case Details: Helbon Engineers (P.) Ltd. v. Ferral Anant Machinery…
July 1, 2024
IBBI Introduces E-Forms to Monitor ‘Voluntary Liquidation Processes’
CIRCULAR No. IBBI/LIQ/74/2024, Dated: 28.06.2024 A corporate person (CP) can…
July 1, 2024
IBBI Issues New E-Forms to Streamline Liquidation Reporting for Insolvency Professionals
CIRCULAR No. IBBI/LIQ/73/2024; Dated: 28-06-2024 The Insolvency Professional (IP), acting…
July 1, 2024
SEBI Raises ‘Basic Services Demat Account’ Limit to Rs 10 Lakh to Boost Participation in Securities Market
Circular No. SEBI/HO/MIRSD/MIRSD-PoD1/P/CIR/2024/91; Dated: 28.06.2024 Earlier, SEBI provided a “Basic…
July 1, 2024