Blog

Blog, Insolvency and Bankruptcy Code, News

December 9, 2022

NCLT’s order directing CoC to consider RP of other resolution applicants submitted after CIRP was unsustainable: NCLAT

Case Details: Mohammed Enterprises (Tanzania) … Continue reading “NCLT’s order directing CoC to consider RP of other resolution applicants submitted after CIRP was unsustainable: NCLAT”

Blog, Income Tax, News

December 9, 2022

CBDT issues circular on TDS from salaries for Financial Year 2022-23

Circular No. 24/2022, dated 07-12-2022 … Continue reading “CBDT issues circular on TDS from salaries for Financial Year 2022-23”

Blog, Income Tax, News

December 9, 2022

Only profit element to be added as income if there was diff in turnover declared in P&L and Sales Tax order: ITAT

Case Details: Nikhil Garg v. … Continue reading “Only profit element to be added as income if there was diff in turnover declared in P&L and Sales Tax order: ITAT”

Blog, GST & Customs, News

December 9, 2022

HC rejected application for registration under GST for failure to disclose principal place

Case Details: B.C.Mohankumar Sole Proprietor … Continue reading “HC rejected application for registration under GST for failure to disclose principal place”

Blog, GST & Customs, News

December 9, 2022

[Opinion] Special Valuation Branch (SVB) under Customs – Valuation for Goods imported from Related Parties

CA Ravi Kumar Somani & … Continue reading “[Opinion] Special Valuation Branch (SVB) under Customs – Valuation for Goods imported from Related Parties”

Blog, Income Tax, News

December 8, 2022

A transaction can’t be treated as Benami if alleged beneficial owner is actually the joint owner of property: ITAT

Case Details: ACIT v. Tupelo … Continue reading “A transaction can’t be treated as Benami if alleged beneficial owner is actually the joint owner of property: ITAT”

Blog, Income Tax, News

December 8, 2022

[Opinion] Perplexity on claim of Foreign Tax Credit of State taxes paid in countries with which India has DTAA

Deepak Goel – [2022] 145 … Continue reading “[Opinion] Perplexity on claim of Foreign Tax Credit of State taxes paid in countries with which India has DTAA”

Blog, GST & Customs, News

December 8, 2022

HC dismissed writ against non-service of order cancelling GST registration being disputed question of fact

Case Details: Uma Shree Tour … Continue reading “HC dismissed writ against non-service of order cancelling GST registration being disputed question of fact”

Blog, GST & Customs, News

December 8, 2022

[Opinion] GSTR 9 and 9C – Optional to Mandatory reporting in FY 2021-22

Ritesh Jain – [2022] 145 … Continue reading “[Opinion] GSTR 9 and 9C – Optional to Mandatory reporting in FY 2021-22”

Blog, FEMA & Banking, News

December 8, 2022

Govt. permits use of ‘e-KYC setu system’ to perform authentication under Aadhaar

Notification No. S.O. 5683(E)., Dated … Continue reading “Govt. permits use of ‘e-KYC setu system’ to perform authentication under Aadhaar”