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Blog, News, Insolvency and Bankruptcy Code

October 3, 2023

Sick Unit’s MoU-based Rehabilitation Scheme Can’t be Treated as Resolution Plan Under IBC | SC

Case Details: Pramod Kumar Pathak … Continue reading “Sick Unit’s MoU-based Rehabilitation Scheme Can’t be Treated as Resolution Plan Under IBC | SC”

Blog, News, Income Tax

September 30, 2023

AO Can’t Issue Notice in Name of a Non-existing Amalgamating Co. Merely Because its PAN is Active | HC

Case Details: Delta Electronics India … Continue reading “AO Can’t Issue Notice in Name of a Non-existing Amalgamating Co. Merely Because its PAN is Active | HC”

Blog, News, Income Tax

September 30, 2023

Govt. Keeps Interest Rates of Small Savings Schemes Unchanged for 3rd Quarter of FY 2023-24

Office memorandum F.No.1/4/2019-NS, dated 29-09-2023 … Continue reading “Govt. Keeps Interest Rates of Small Savings Schemes Unchanged for 3rd Quarter of FY 2023-24”

News, Blog, Company Law

September 30, 2023

Revision Petition to Quash FIR Alleging Forgery Was to Be Dismissed As No Evidence of Malicious Intent Was Found | HC

Case Details: Ramesh Sharan Rai … Continue reading “Revision Petition to Quash FIR Alleging Forgery Was to Be Dismissed As No Evidence of Malicious Intent Was Found | HC”

Blog, News, Company Law

September 30, 2023

SEBI Bars Appellant From Securities Market for 3 yrs for Providing Unlicensed Investment Advisory Services | SAT

Case Details: Investment Research Advisor … Continue reading “SEBI Bars Appellant From Securities Market for 3 yrs for Providing Unlicensed Investment Advisory Services | SAT”

Blog, News, Company Law

September 30, 2023

Hon’ble President Nods to the Constitution (106th Amendment) Act, 2023

Act of Parliament, Dated: 28.09.2023 … Continue reading “Hon’ble President Nods to the Constitution (106th Amendment) Act, 2023”

Blog, News, GST & Customs

September 30, 2023

‘Namma Yatri’ App is Not Liable to Discharge Tax Liability Under Section 9(5) | AAR

Case Details: Authority for Advance … Continue reading “‘Namma Yatri’ App is Not Liable to Discharge Tax Liability Under Section 9(5) | AAR”

News, Blog, GST & Customs

September 30, 2023

Madras HC Quashed Assessment Order Which Was Neither Uploaded Nor Served to Petitioner

Case Details: Vinayagamoorthy Tyres v. … Continue reading “Madras HC Quashed Assessment Order Which Was Neither Uploaded Nor Served to Petitioner”

News, Blog, Account & Audit

September 30, 2023

Accounting for Compensation Received on Loss of Property, Plant, and Equipment

Impairments or losses of items … Continue reading “Accounting for Compensation Received on Loss of Property, Plant, and Equipment”

Blog, News, FEMA & Banking

September 29, 2023

Presumption u/s 24 of PMLA Can be Rebutted Only at Stage of Trial & Not at Stage of Framing of Charge | HC

Case Details: Kumar Pranav v. … Continue reading “Presumption u/s 24 of PMLA Can be Rebutted Only at Stage of Trial & Not at Stage of Framing of Charge | HC”