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Blog, News, Insolvency and Bankruptcy Code

September 1, 2021

Limitation Act, 1963 applicable to applications against personal guarantors under IBC, 2016

[2021] 129 taxmann.com 351 (Article) … Continue reading “Limitation Act, 1963 applicable to applications against personal guarantors under IBC, 2016”

News, Blog, FEMA & Banking

September 1, 2021

Banks should recognize fair value of share-linked incentives to CEOs/ WTDs as expense in their books of accounts: RBI

CIRCULAR NO. DOR.GOV.REC.44/29.67.001/2021-22, dated 30.08.2021 … Continue reading “Banks should recognize fair value of share-linked incentives to CEOs/ WTDs as expense in their books of accounts: RBI”

Blog, News, FEMA & Banking

August 31, 2021

RBI increases incentives for banks for distribution of coins from Rs. 25 to Rs 65 per bag

CIRCULAR NO. DCM (CC) NO.97527/03.41.01/2021-22, … Continue reading “RBI increases incentives for banks for distribution of coins from Rs. 25 to Rs 65 per bag”

Blog, News, Company Law

June 8, 2022

All-about Dormant (inactive) Company – Meaning, Benefits, Compliance, and the Associated Process

[2021] 129 taxmann.com 354 (Article) … Continue reading “All-about Dormant (inactive) Company – Meaning, Benefits, Compliance, and the Associated Process”

News, Blog, Income Tax

August 31, 2021

Exp. incurred on doctor’s travel isn’t ‘commission’ if he isn’t bound to prescribe medicines suggested by assessee: HC

Case details: CIT (TDS) v. … Continue reading “Exp. incurred on doctor’s travel isn’t ‘commission’ if he isn’t bound to prescribe medicines suggested by assessee: HC”

Blog, News, Income Tax

August 31, 2021

Reassessment initiated on statement of hospital manager that doctor didn’t disclose full consultancy fees held valid

Case details: Dr. Sajan Hedge … Continue reading “Reassessment initiated on statement of hospital manager that doctor didn’t disclose full consultancy fees held valid”

Blog, News, GST & Customs

August 31, 2021

Validity of disallowing ITC on canteen facility in the guise of colon and semi colon

In a recent Advance Ruling, … Continue reading “Validity of disallowing ITC on canteen facility in the guise of colon and semi colon”

Blog, News, GST & Customs

August 31, 2021

Anti-Dumping Duty on Uncoated Copier Paper imported from Indonesia & Singapore further extended

Notification No. 48/2021-Customs (ADD), dated … Continue reading “Anti-Dumping Duty on Uncoated Copier Paper imported from Indonesia & Singapore further extended”

Blog, News, Company Law

September 6, 2021

SEBI revisits the concept of Promoter & Promoter Group

[2021] 129 taxmann.com 310 (Article) … Continue reading “SEBI revisits the concept of Promoter & Promoter Group”

Blog, News, Insolvency and Bankruptcy Code

September 9, 2021

Resolution plan approved by CoC is binding on all stakeholders and commercial decision of CoC can’t be interfered with

Case details: Deputy Commissioner, CGST … Continue reading “Resolution plan approved by CoC is binding on all stakeholders and commercial decision of CoC can’t be interfered with”