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Blog, News, GST & Customs

January 22, 2025

Review Petition Was Dismissed as Subsequent Ratification by GST Council Cannot Substitute Prior Recommendation | HC

Case Details: Central Board of … Continue reading “Review Petition Was Dismissed as Subsequent Ratification by GST Council Cannot Substitute Prior Recommendation | HC”

News, Blog, Transfer Pricing

January 22, 2025

No Revision Just Because AO Didn’t Conduct Any Minimum Enquiry Before Allowing a Claim | ITAT

Case Details: Beam Global Spirits … Continue reading “No Revision Just Because AO Didn’t Conduct Any Minimum Enquiry Before Allowing a Claim | ITAT”

Blog, News, Company Law

January 22, 2025

NFRA Imposes Monetary Penalties on Auditors for Failing to Exercise Due Diligence in Audit of a Public Interest Entity

Case Details: Deloitte Haskins & … Continue reading “NFRA Imposes Monetary Penalties on Auditors for Failing to Exercise Due Diligence in Audit of a Public Interest Entity”

Blog, News, Account & Audit

January 22, 2025

Accounting Treatment of Land Converted From PPE to Stock-in-Trade Under Ind AS Framework

This document provides an analysis … Continue reading “Accounting Treatment of Land Converted From PPE to Stock-in-Trade Under Ind AS Framework”

Blog, News, FEMA & Banking

January 22, 2025

ARCs Must Establish a Board-Approved Policy Covering Settlement Eligibility, Sacrifice Limits, & Security Valuation Methods

Circular No. RBI/2024-25/106 DoR.SIG.FIN.REC.56/26.03.001/2024-25; Dated: … Continue reading “ARCs Must Establish a Board-Approved Policy Covering Settlement Eligibility, Sacrifice Limits, & Security Valuation Methods”

Blog, News, Company Law

January 22, 2025

SEBI Relaxes on Timeline for Review of ESG Rating on BRSR Publication

Circular no. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2025/007; Dated: 17.01.2025 … Continue reading “SEBI Relaxes on Timeline for Review of ESG Rating on BRSR Publication”

Blog, News, Company Law

January 22, 2025

SEBI Mandates Disclosure of Risk-Adjusted Return Information Ratio for Mutual Fund Schemes

Circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2025/6; Dated: 17.01.2025 … Continue reading “SEBI Mandates Disclosure of Risk-Adjusted Return Information Ratio for Mutual Fund Schemes”

Blog, News, Company Law

January 22, 2025

SEBI Releases Frequently Asked Questions on ‘ESG Rating Providers (ERPs)’

FAQs; Dated: 17.01.2024 SEBI has … Continue reading “SEBI Releases Frequently Asked Questions on ‘ESG Rating Providers (ERPs)’”

News, Blog, FEMA & Banking

January 22, 2025

RBI Releases a List of Upper Layer NBFCs for the Year 2024-25

Press Release no. 2024-2025/1939; Dated: … Continue reading “RBI Releases a List of Upper Layer NBFCs for the Year 2024-25”

Blog, News, FEMA & Banking

January 22, 2025

RBI Directs Banks to Ensure Nominations for Accounts and Lockers

Circular no. RBI/2024-25/104 Ref.No.DoS.CO.PPG/SEC.13/11.01.005/2024-25; Dated: … Continue reading “RBI Directs Banks to Ensure Nominations for Accounts and Lockers”