[Opinion] Consequences of Negligence | Company and its Directors Face a Penalty of Rs 3 Lakh for not Appointing an Internal Auditor – A Case Study

[2023] 155 taxmann.com 153 (Article) … Continue reading “[Opinion] Consequences of Negligence | Company and its Directors Face a Penalty of Rs 3 Lakh for not Appointing an Internal Auditor – A Case Study”

Excess Stock Can’t be Treated as Undisclosed Income if Assessee Identified Diff. Much Prior to Commencement of Search

Case Details: PCIT vs. Industrial … Continue reading “Excess Stock Can’t be Treated as Undisclosed Income if Assessee Identified Diff. Much Prior to Commencement of Search”

SEBI Extends the Relaxation from Sending Proxy Forms for General Meetings Held Via E-mode Till 30.09.2024

Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, Dated 07.10.2023 … Continue reading “SEBI Extends the Relaxation from Sending Proxy Forms for General Meetings Held Via E-mode Till 30.09.2024”

NCLT Lacks Jurisdiction to Void Gift-Based Share Transfer Since Validity of Gift Deed Needs Substantial Evidence | NCLAT

Case Details: Satori Global Ltd. … Continue reading “NCLT Lacks Jurisdiction to Void Gift-Based Share Transfer Since Validity of Gift Deed Needs Substantial Evidence | NCLAT”