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Blog, News, GST & Customs

December 11, 2023

Accused of ITC Fraud Who Had Co-operated in Investigation Should Be Released on Bail | HC

Case Details: Rakesh Kumar Gupta … Continue reading “Accused of ITC Fraud Who Had Co-operated in Investigation Should Be Released on Bail | HC”

Blog, News, GST & Customs

November 8, 2023

Delay in Concluding Proceedings Per Se Can’t Be a Sole Ground to Quash Summoning Order | HC

Case Details: Mukesh Kumar Tyagi … Continue reading “Delay in Concluding Proceedings Per Se Can’t Be a Sole Ground to Quash Summoning Order | HC”

Blog, News, Account & Audit

November 8, 2023

Allocation of Consideration Among Lease Component and Non-lease Component

Para 13 of Ind AS … Continue reading “Allocation of Consideration Among Lease Component and Non-lease Component”

News, Blog, Insolvency and Bankruptcy Code

November 8, 2023

IBBI Releases Discussion Paper on Real-estate Related Proposals | Proposes Mandatory Registration of Projects With RERA

IBBI’s discussion paper on ‘Real-Estate … Continue reading “IBBI Releases Discussion Paper on Real-estate Related Proposals | Proposes Mandatory Registration of Projects With RERA”

Blog, News, Income Tax

November 7, 2023

Commissioner Can Exercise Powers u/s 264 Even in Cases Where Errors are Committed by Assessee | HC

Case Details: Pramod R. Agrawal … Continue reading “Commissioner Can Exercise Powers u/s 264 Even in Cases Where Errors are Committed by Assessee | HC”

News, Blog, International Tax

November 7, 2023

No Reassessment If Proceedings of Party Based on Which Assessee’s Case Was Reopened Were Quashed | ITAT

Case Details: Citicorp Trustee Company … Continue reading “No Reassessment If Proceedings of Party Based on Which Assessee’s Case Was Reopened Were Quashed | ITAT”

Blog, News, Company Law

November 7, 2023

[Opinion] RoC Penalizes Co. and its Directors for Filing Incomplete Financial Statements & Failure of CSR Disclosure

Prof R Balakrishnan – [2023] … Continue reading “[Opinion] RoC Penalizes Co. and its Directors for Filing Incomplete Financial Statements & Failure of CSR Disclosure”

Blog, News, Insolvency and Bankruptcy Code

November 7, 2023

Non-refund of ‘EMD’ on Rejection of Tender Wouldn’t Amount to Operational Debt; CIRP Rightly Reject | NCLAT

Case Details: Supreme Transport Organization … Continue reading “Non-refund of ‘EMD’ on Rejection of Tender Wouldn’t Amount to Operational Debt; CIRP Rightly Reject | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

November 7, 2023

Email Not Carrying Acknowledgement of Debt But Merely Information Couldn’t Help in Extending Limitation | NCLAT

Case Details: Zach System SPA … Continue reading “Email Not Carrying Acknowledgement of Debt But Merely Information Couldn’t Help in Extending Limitation | NCLAT”

Blog, News, GST & Customs

November 7, 2023

Govt. Introduces 2-Factor Authentication for e-Way Bill and e-Invoice System

To enhance the security of … Continue reading “Govt. Introduces 2-Factor Authentication for e-Way Bill and e-Invoice System”