News

Blog, News, FEMA & Banking

August 28, 2023

Insurers Must Submit a Board-approved Reinsurance Plan Within 45 Days from Commencement of FY | IRDAI

Notification F. No. IRDAI/Reg/5/193/2023, Dated: … Continue reading “Insurers Must Submit a Board-approved Reinsurance Plan Within 45 Days from Commencement of FY | IRDAI”

News, Blog, Company Law

August 28, 2023

MCA Grants One-time Relaxation for Filing of Forms 3, Form-4 & Form-11 under LLP Act Without Any Additional Fee

General Circular No. 8/2023; Dated: … Continue reading “MCA Grants One-time Relaxation for Filing of Forms 3, Form-4 & Form-11 under LLP Act Without Any Additional Fee”

Blog, News, Company Law

August 28, 2023

SEBI Introduces Voluntary Delisting Norms for Non-convertible Debt Securities & Non-convertible Redeemable Pref. Shares

Notification No. SEBI/LAD-NRO/GN/2023/149; Dated: 23.08.2023 … Continue reading “SEBI Introduces Voluntary Delisting Norms for Non-convertible Debt Securities & Non-convertible Redeemable Pref. Shares”

Blog, News, Income Tax

August 28, 2023

[Opinion] Supreme Court Sets at Rest Controversy Surrounding the Phrase “Mutuality”

S. Krishnan – [2023] 153 … Continue reading “[Opinion] Supreme Court Sets at Rest Controversy Surrounding the Phrase “Mutuality””

News, Blog, Income Tax

August 28, 2023

ITAT Directs AO to Estimate Profit at 10% on Cash Purchases Made From Farmers in Violation of Sec. 40A(3)

Case Details: M. Shyamalanathan & … Continue reading “ITAT Directs AO to Estimate Profit at 10% on Cash Purchases Made From Farmers in Violation of Sec. 40A(3)”

Blog, News, GST & Customs

August 28, 2023

Allahabad HC Granted Bail to Applicant to Whom No Notice for Recovery of GST Had Been Issued

Case Details: Rajnish Jain v. … Continue reading “Allahabad HC Granted Bail to Applicant to Whom No Notice for Recovery of GST Had Been Issued”

Blog, News, GST & Customs

August 28, 2023

HC Permitted DGGI to Continue Enquiry Since No Investigation Was Conducted by Any Authority Regarding Affairs of Petitioner

Case Details: Hanuman Enterprises (Opc) … Continue reading “HC Permitted DGGI to Continue Enquiry Since No Investigation Was Conducted by Any Authority Regarding Affairs of Petitioner”

Blog, News, GST & Customs

August 28, 2023

HC Directed to Admit Appeal of Petitioner Who Failed to Submit it Electronically Due to Technical Glitch of Portal

Case Details: K V Reddy … Continue reading “HC Directed to Admit Appeal of Petitioner Who Failed to Submit it Electronically Due to Technical Glitch of Portal”

News, Blog, GST & Customs

August 28, 2023

HC Set Aside Registration Cancellation Order Passed Without Considering Reply of Petitioner

Case Details: Ottimo Visuals v. … Continue reading “HC Set Aside Registration Cancellation Order Passed Without Considering Reply of Petitioner”

Blog, News, Income Tax

August 28, 2023

AO Can’t Make Additions Merely Based on Form 26AS Without Verifying Total Contract Amount & Bills | HC

Case Details: PCIT v. MBC … Continue reading “AO Can’t Make Additions Merely Based on Form 26AS Without Verifying Total Contract Amount & Bills | HC”