News

News, Blog, FEMA & Banking

October 21, 2023

RBI Issues Master Direction on NBFCs

Master Direction No RBI/DoR/2023-24/105, DoR.FIN.REC.No.45/03.10.119/2023-24 … Continue reading “RBI Issues Master Direction on NBFCs”

Blog, News, Company Law

October 21, 2023

[Opinion] RoC Penalizes Company, CEO & CFO for Not Attaching Secretarial Audit Report to the Board’s Report

Prof R Balakrishnan – [2023] … Continue reading “[Opinion] RoC Penalizes Company, CEO & CFO for Not Attaching Secretarial Audit Report to the Board’s Report”

Blog, News, GST & Customs

October 21, 2023

Supply of Services by Indian Railways to Be Taxable Under Forward Charge Mechanism | Notification

Notification No. 14/2023 dated October … Continue reading “Supply of Services by Indian Railways to Be Taxable Under Forward Charge Mechanism | Notification”

News, Blog, GST & Customs

October 20, 2023

HC Directs Refund of Amount Recovered Directly from Bank Account of Petitioner Subject to Final Outcome of Proceedings

Case Details: P. Athimoolam Contractor … Continue reading “HC Directs Refund of Amount Recovered Directly from Bank Account of Petitioner Subject to Final Outcome of Proceedings”

Blog, News, GST & Customs

October 20, 2023

[Opinion] GST Council Breaks the Deadlock on Who Has the Authority to Levy Tax on ENA

Harshith Sharma – [2023] 155 … Continue reading “[Opinion] GST Council Breaks the Deadlock on Who Has the Authority to Levy Tax on ENA”

Blog, News, Insolvency and Bankruptcy Code

October 20, 2023

NCLT Admits CIRP Plea Against Construction Co. for Failing to Deposit NHAI’s Toll Revenue in Escrow a/c of FC

Case Details: IDBI Bank Ltd. … Continue reading “NCLT Admits CIRP Plea Against Construction Co. for Failing to Deposit NHAI’s Toll Revenue in Escrow a/c of FC”

News, Blog, Company Law

October 20, 2023

NCLAT Dismisses Appellant’s Rectification Plea for Suppressing Fact on Rejection of Initial Appeal Against AA’s Order

Case Details: Hemendra Aran v. … Continue reading “NCLAT Dismisses Appellant’s Rectification Plea for Suppressing Fact on Rejection of Initial Appeal Against AA’s Order”

Blog, News, Account & Audit

October 20, 2023

Accounting of the Forgivable Loan from the Government

Para 10 of Ind AS … Continue reading “Accounting of the Forgivable Loan from the Government”

Blog, News, Income Tax

October 20, 2023

Assessee Can Adopt Provisions of Act for One Source of Income and Apply DTAA Provisions for Another Source | ITAT

Case Details: Indium IV (Mauritius) … Continue reading “Assessee Can Adopt Provisions of Act for One Source of Income and Apply DTAA Provisions for Another Source | ITAT”

Blog, News, Income Tax

October 20, 2023

[Opinion] Can AO Automatically Invoke Deeming Provisions After Initiation of Survey or Search Proceedings?

CA Mukesh Kohli – [2023] … Continue reading “[Opinion] Can AO Automatically Invoke Deeming Provisions After Initiation of Survey or Search Proceedings?”