News

Blog, Insolvency and Bankruptcy Code, News

January 21, 2023

MCA’s proposal to amend Section 7 of IBC aligns with the lawmakers’ intent!

1. Introduction On Wednesday, 18-01-2023, … Continue reading “MCA’s proposal to amend Section 7 of IBC aligns with the lawmakers’ intent!”

Blog, FEMA & Banking, News

January 21, 2023

Complaint u/s 138 can’t be quashed as the cheque became stale before its presentation

Case Details: Reyaz Azad v. … Continue reading “Complaint u/s 138 can’t be quashed as the cheque became stale before its presentation”

Blog, International Tax, News

January 21, 2023

World Tax News: Bhutan imposes Taxes on vacant land and more

World Tax News provides a … Continue reading “World Tax News: Bhutan imposes Taxes on vacant land and more”

Blog, Insolvency and Bankruptcy Code, News

January 20, 2023

MCA proposed changes to overhaul the Insolvency and Bankruptcy Code

Introduction The Ministry of Corporate … Continue reading “MCA proposed changes to overhaul the Insolvency and Bankruptcy Code”

Blog, GST & Customs, News

January 20, 2023

[Opinion] Discrepancies amongst the provisions of GST Act – How to read harmoniously

Though GST Act 2017 was … Continue reading “[Opinion] Discrepancies amongst the provisions of GST Act – How to read harmoniously”

Blog, GST & Customs, News

January 20, 2023

No GST on granting permission for building construction provided by Rajasthan Housing Board: AAR

Case Details: Authority for Advance … Continue reading “No GST on granting permission for building construction provided by Rajasthan Housing Board: AAR”

Blog, Income Tax, News

January 20, 2023

No deduction for decrease in value of unlisted company investments: HC

Case Details: M/s Ashok Leyland … Continue reading “No deduction for decrease in value of unlisted company investments: HC”

Blog, Insolvency and Bankruptcy Code, News

January 20, 2023

‘Cross Border Insolvency Rules/Regulations Committee-II’ recommends setting up of framework for group insolvency

IBBI vide. its report dated … Continue reading “‘Cross Border Insolvency Rules/Regulations Committee-II’ recommends setting up of framework for group insolvency”

Blog, Income Tax, News

January 20, 2023

Section 43B doesn’t apply to electricity duty payable to the State Government: HC

Case Details: PCIT v. Dakshin … Continue reading “Section 43B doesn’t apply to electricity duty payable to the State Government: HC”

Account & Audit, Blog, News

January 20, 2023

[Illustrative Checklist] Disclosure requirements under AS 7 | Construction Contracts

The objective of AS 7, … Continue reading “[Illustrative Checklist] Disclosure requirements under AS 7 | Construction Contracts”