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Blog, News, GST & Customs

September 14, 2023

HC Granted Bail to Accused Who Was in Jail from 1 Year for Forming Bogus Firms Since Trial Wasn’t Likely to Conclude Soon

Case Details: Puneet Sonkar v. … Continue reading “HC Granted Bail to Accused Who Was in Jail from 1 Year for Forming Bogus Firms Since Trial Wasn’t Likely to Conclude Soon”

Blog, News, International Tax

September 13, 2023

HC Reduces Withholding Tax Rate from 16% to 8% on Payments Made to Amazon-US for Purchase of Web Services

Case Details: Amazon Web Services … Continue reading “HC Reduces Withholding Tax Rate from 16% to 8% on Payments Made to Amazon-US for Purchase of Web Services”

Blog, News, Company Law

September 13, 2023

MSME Council Could Adjudicate on the Matter Between MSME and Supplier Post Termination of Conciliation Proceedings | HC

Case Details: Anupam Industries Ltd. … Continue reading “MSME Council Could Adjudicate on the Matter Between MSME and Supplier Post Termination of Conciliation Proceedings | HC”

News, Blog, FEMA & Banking

September 13, 2023

HC Granted Bail to Petitioner as he was Unaware that Loan was Tainted and there was no Direct Link to Criminal Activities

Case Details: Vijay Agrawal v. … Continue reading “HC Granted Bail to Petitioner as he was Unaware that Loan was Tainted and there was no Direct Link to Criminal Activities”

Blog, News, Company Law

September 13, 2023

SEBI Releases Framework for Unitholders of REITs & InvITs Allowing them to Exercise their Board Nomination Rights

Circular No: SEBI/HO/DDHS-PoD-2/P/CIR/2023/153 & 154; … Continue reading “SEBI Releases Framework for Unitholders of REITs & InvITs Allowing them to Exercise their Board Nomination Rights”

Blog, News, GST & Customs

September 13, 2023

Assessee is not Required to Request for ‘Opportunity of Personal Hearing’ Before Assessing Authority | Allahabad HC

Case Details: Bajrang Building Material … Continue reading “Assessee is not Required to Request for ‘Opportunity of Personal Hearing’ Before Assessing Authority | Allahabad HC”

News, Blog, GST & Customs

September 13, 2023

No GST on Fortification and Packing of Whole Wheat Grains for Distribution Under Public Distribution System | AAR

Case Details: Authority for Advance … Continue reading “No GST on Fortification and Packing of Whole Wheat Grains for Distribution Under Public Distribution System | AAR”

News, Blog, FEMA & Banking

September 12, 2023

RBI Releases Amounts Impounded Under the I-CRR in Stages to Prevent System Liquidity from Sudden Shocks

Circular No. RBI/2023-24/5 DOR.RET.REC.34/12.01.001/2023-24, Dated: … Continue reading “RBI Releases Amounts Impounded Under the I-CRR in Stages to Prevent System Liquidity from Sudden Shocks”

Blog, News, FEMA & Banking

September 12, 2023

SGB Scheme 2023-24-Series II Subscription Window Will Open During September 11 to 15, 2023

Press Release: 2023-2024/898; Dated: 08-09-2023 … Continue reading “SGB Scheme 2023-24-Series II Subscription Window Will Open During September 11 to 15, 2023”

Blog, News, FEMA & Banking

September 12, 2023

ECLGS Benefit was to be Granted to Petitioners as their a/c weren’t Classified as NPA till the Time Scheme was in Force | HC

Case Details: Guha Roy Food … Continue reading “ECLGS Benefit was to be Granted to Petitioners as their a/c weren’t Classified as NPA till the Time Scheme was in Force | HC”