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Blog, News, GST & Customs

August 3, 2024

HC Set Aside Penalty Order Since Demand Can’t Be Imposed on a Ground Not Mentioned in Show Cause Notice

Case Details: Associated Switch Gears … Continue reading “HC Set Aside Penalty Order Since Demand Can’t Be Imposed on a Ground Not Mentioned in Show Cause Notice”

Blog, News, GST & Customs

August 3, 2024

HC Remanded Matter as ITC Was Denied Without Indicating Documents to Be Disclosed by Assessee

Case Details: Shiva Chemicals v. … Continue reading “HC Remanded Matter as ITC Was Denied Without Indicating Documents to Be Disclosed by Assessee”

Blog, News, Competition Law

August 3, 2024

CCI Closes Complaint Against Indiabulls Over High Interest Rates Due to Presence of Other Banks, NBFCs in Loan Market

Case Details: Anil Bansal v. … Continue reading “CCI Closes Complaint Against Indiabulls Over High Interest Rates Due to Presence of Other Banks, NBFCs in Loan Market”

News, Blog, International Tax

August 3, 2024

No Treaty Shopping if Revenue Failed to Rebut Statutory Evidence of TRC With Cogent Evidence | ITAT

Case Details: Tiger Global Eight … Continue reading “No Treaty Shopping if Revenue Failed to Rebut Statutory Evidence of TRC With Cogent Evidence | ITAT”

Blog, News, Income Tax

August 2, 2024

[Opinion] Taxation of Income from Buyback of Shares | A Comprehensive Overview

CA Akrati Sogani – [2024] … Continue reading “[Opinion] Taxation of Income from Buyback of Shares | A Comprehensive Overview”

News, Blog, Account & Audit

August 2, 2024

[Global Financial Insights] IASB Proposes Amendments for IAS 21 With Respect to Hyperinflationary Economy and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] IASB Proposes Amendments for IAS 21 With Respect to Hyperinflationary Economy and More”

Blog, News, FEMA & Banking

August 2, 2024

RBI Releases Draft Directions on ‘Due Diligence of Aadhaar Enabled Payment System (AePS) Touchpoint Operators’

Press Release: 2024-2025/804, Dated: 31.07.2024 … Continue reading “RBI Releases Draft Directions on ‘Due Diligence of Aadhaar Enabled Payment System (AePS) Touchpoint Operators’”

Blog, News, FEMA & Banking

August 2, 2024

RBI Proposes New Authentication Methods for Digital Payments in Addition to SMS-Based OTP

Press Release: 2024-2025/809, Dated: 31.07.2024 … Continue reading “RBI Proposes New Authentication Methods for Digital Payments in Addition to SMS-Based OTP”

Blog, News, FEMA & Banking

August 1, 2024

RBI Issues Master Direction on Treatment of ‘Wilful Defaulters and Large Defaulters’

Master Direction No. RBI/DoR/2024-25/122 DoR.FIN.REC.No. … Continue reading “RBI Issues Master Direction on Treatment of ‘Wilful Defaulters and Large Defaulters’”

Blog, News, Company Law

August 1, 2024

SEBI Proposes to Relax Additional Disclosure Framework for Large ‘Foreign Portfolio Investors’

Consultation Paper; Dated: 30.07.2024 SEBI … Continue reading “SEBI Proposes to Relax Additional Disclosure Framework for Large ‘Foreign Portfolio Investors’”