News

News, Blog, Company Law

October 10, 2023

NCLT Lacks Jurisdiction to Void Gift-Based Share Transfer Since Validity of Gift Deed Needs Substantial Evidence | NCLAT

Case Details: Satori Global Ltd. … Continue reading “NCLT Lacks Jurisdiction to Void Gift-Based Share Transfer Since Validity of Gift Deed Needs Substantial Evidence | NCLAT”

Blog, News, Account & Audit

October 9, 2023

Communicating KAM Para in the Auditor’s Report is not a Substitute for Expressing a Modified Opinion | NFRA

The investigation conducted by the … Continue reading “Communicating KAM Para in the Auditor’s Report is not a Substitute for Expressing a Modified Opinion | NFRA”

Blog, News, Company Law

October 9, 2023

CBI’s Freeze Order on Appellant’s Property was Redundant as Crime Committed by Accused was Unrelated to Investigation | SC

Case Details: Jermyn Capital LLC … Continue reading “CBI’s Freeze Order on Appellant’s Property was Redundant as Crime Committed by Accused was Unrelated to Investigation | SC”

Blog, News, Company Law

October 9, 2023

SEBI Requires Brokers Functioning in the EOP Segment to Maintain Rs. 10 Lakhs with Exchanges as a ‘BMC’ Deposit

Circular No. SEBI/HO/MRD/POD-III/CIR/2023/165, Dated: 06-10-2023 … Continue reading “SEBI Requires Brokers Functioning in the EOP Segment to Maintain Rs. 10 Lakhs with Exchanges as a ‘BMC’ Deposit”

Blog, News, Company Law

October 9, 2023

SEBI Relaxes Listed Entities from Dispatching Hard Copies of Annual Report Till 30.09.2024 Pursuant to MCA Extension

Circular No. SEBI/HO/DDHS/P/CIR/2023/0164; Dated: 06.10.2023 … Continue reading “SEBI Relaxes Listed Entities from Dispatching Hard Copies of Annual Report Till 30.09.2024 Pursuant to MCA Extension”

Blog, News, FEMA & Banking

October 9, 2023

Banks must Maintain an Extra Daily Average Balance with the RBI in Addition to the Required Daily Balance | RBI

Notification No. DOR.RET.REC.35/12.01.001/2023-24., Dated: 08.09.2023 … Continue reading “Banks must Maintain an Extra Daily Average Balance with the RBI in Addition to the Required Daily Balance | RBI”

Blog, News, FEMA & Banking

October 9, 2023

RBI Doubles Monetary Ceiling of Gold Loans under Bullet Repayment Scheme for Urban Co-operative Banks to Rs 4 lakh

Circular No. RBI/2023-24/66 DOR.CRE.REC.42/07.10.002/2023-24; Dated: … Continue reading “RBI Doubles Monetary Ceiling of Gold Loans under Bullet Repayment Scheme for Urban Co-operative Banks to Rs 4 lakh”

News, Blog, Income Tax

October 9, 2023

CBDT Notifies ‘Dental Council of India, New Delhi’ for Section 10(46) Exemption

Notification No. 87/2023, dated 06-10-2023 … Continue reading “CBDT Notifies ‘Dental Council of India, New Delhi’ for Section 10(46) Exemption”

Blog, News, Income Tax

October 9, 2023

Sum Received for Giving Up Rights to Buy a Property is Taxable under Head Capital Gains | ITAT

Case Details: Sukhwant Singh v. … Continue reading “Sum Received for Giving Up Rights to Buy a Property is Taxable under Head Capital Gains | ITAT”

Blog, News, GST & Customs

October 9, 2023

[Opinion] Automated Controls | A New Era of GST

Hardik Shah & Divya Soni … Continue reading “[Opinion] Automated Controls | A New Era of GST”