No Denial of Sec. 35(2AB) Deduction Merely Because Competent Authority Failed to Issue Form 3CL During Assessment | HC

Case Details: PCIT vs. M/S … Continue reading “No Denial of Sec. 35(2AB) Deduction Merely Because Competent Authority Failed to Issue Form 3CL During Assessment | HC”

[Opinion] The Domino Effect | Failure to Appoint a Director Within Time Leads to Severe Penalties Upon Co. and Its Director

Prof R Balakrishnan – [2023] … Continue reading “[Opinion] The Domino Effect | Failure to Appoint a Director Within Time Leads to Severe Penalties Upon Co. and Its Director”

Attachment Order By ED Was to Be Quashed Where Likelihood of Concealment or Transfer of Properties Couldn’t Be Proved

Case Details: Smt. Suma Sooraj … Continue reading “Attachment Order By ED Was to Be Quashed Where Likelihood of Concealment or Transfer of Properties Couldn’t Be Proved”

Cooperative Banks Must Contact the RBI’s Department of Supervision for Changes in Their Names | RBI

Circular no. RBI/2023-24/79 DoR.REG/LIC.No.55/07.01.000/2023-24; Dated: … Continue reading “Cooperative Banks Must Contact the RBI’s Department of Supervision for Changes in Their Names | RBI”

District Central Co-op. Banks Can Shift Their Branches/Offices/Extension Counters Without Prior Permission of RBI

Circular No. RBI/2023-24/78 DoR.REG/LIC.No.54/19.51.052/2023-24, Dated: … Continue reading “District Central Co-op. Banks Can Shift Their Branches/Offices/Extension Counters Without Prior Permission of RBI”

InvITs Can Now Achieve Minimum Public Unitholding Through Issuance of Units Through Preferential Allotment | SEBI

Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2023/174, Dated: 31.10.2023 … Continue reading “InvITs Can Now Achieve Minimum Public Unitholding Through Issuance of Units Through Preferential Allotment | SEBI”