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Blog, News, GST & Customs

November 7, 2023

Diesel Supplied Free of Cost by Service Recipient to GTA to Be Added to Value of Supply of Service | HC

Case Details: Shree Jeet Transport … Continue reading “Diesel Supplied Free of Cost by Service Recipient to GTA to Be Added to Value of Supply of Service | HC”

Blog, News, Insolvency and Bankruptcy Code

November 6, 2023

Written Contract Not Sole Proof for Financial Debt Under IBBI Regulations; Relevant Document Suffice | NCLAT

Case Details: Agarwal Polysacks Ltd. … Continue reading “Written Contract Not Sole Proof for Financial Debt Under IBBI Regulations; Relevant Document Suffice | NCLAT”

Blog, News, Company Law

November 6, 2023

[Opinion] Company and Its Directors Slapped With Rs 7 Lakh Penalty for Disregarding Resident Director Requirement

Prof R Balakrishnan – [2023] … Continue reading “[Opinion] Company and Its Directors Slapped With Rs 7 Lakh Penalty for Disregarding Resident Director Requirement”

Blog, News, GST & Customs

November 6, 2023

GSTN Issues Advisory for Applicants of Gujarat and Puducherry for Biometric-Based Aadhaar Authentication

GSTN Update dated November 4th, … Continue reading “GSTN Issues Advisory for Applicants of Gujarat and Puducherry for Biometric-Based Aadhaar Authentication”

News, Blog, Income Tax

November 6, 2023

[Opinion] Strange Order Passed by the Tribunal Regarding Burden of Proof

CA S. Krishnan – [2023] … Continue reading “[Opinion] Strange Order Passed by the Tribunal Regarding Burden of Proof”

Blog, News, Income Tax

November 6, 2023

No Sec. 12AA Registration to a Bar Association If It Isn’t Registered as a Trust/Institution With Statutory Authorities

Case Details: Income Tax Appellate … Continue reading “No Sec. 12AA Registration to a Bar Association If It Isn’t Registered as a Trust/Institution With Statutory Authorities”

Blog, News, Account & Audit

November 6, 2023

Understanding the Connection Between Foreign Exchange Rate Change and PPE Impairment

Para 25 of Ind AS … Continue reading “Understanding the Connection Between Foreign Exchange Rate Change and PPE Impairment”

Blog, News, Competition Law

November 6, 2023

CCI Imposes Rs. 1 Cr. Penalty on Airtel for Acquiring Shareholding of Target-Co. Without Giving Notice to Commission

Case Details: Bharti Airtel Ltd. … Continue reading “CCI Imposes Rs. 1 Cr. Penalty on Airtel for Acquiring Shareholding of Target-Co. Without Giving Notice to Commission”

Blog, News, Income Tax

November 4, 2023

Standard Deduction u/s Section 24(a) Cannot Be Claimed If Income is Subject to Application u/s 11 | ITAT

Case Details: Amalsad Vibhag Kelvani … Continue reading “Standard Deduction u/s Section 24(a) Cannot Be Claimed If Income is Subject to Application u/s 11 | ITAT”

Blog, News, Insolvency and Bankruptcy Code

November 4, 2023

IBBI Proposes that RPs Must Conduct Monthly Meetings of CoC to Review Work of the CIRP

IBBI’s discussion paper on amendments … Continue reading “IBBI Proposes that RPs Must Conduct Monthly Meetings of CoC to Review Work of the CIRP”