News

Blog, News, Income Tax

August 28, 2023

SC Dismissed SLP Against Ruling Allowing Deduction of Mark-to-Market Loss Suffered on Stock in Trade

Case Details: Principal Commissioner of … Continue reading “SC Dismissed SLP Against Ruling Allowing Deduction of Mark-to-Market Loss Suffered on Stock in Trade”

Blog, News, Company Law

August 28, 2023

[Opinion] Company and WTD Fined for Omitting DIN in Financials & Risk Management Disclosure in Board’s Report

Prof R Balakrishnan – [2023] … Continue reading “[Opinion] Company and WTD Fined for Omitting DIN in Financials & Risk Management Disclosure in Board’s Report”

News, Blog, FEMA & Banking

August 28, 2023

HC Rejects Plea to Quash Summon Order as Disputes Relating to Cheque & Its Dishonour by Director Were Triable Issues

Case Details: Ambika Narang v. … Continue reading “HC Rejects Plea to Quash Summon Order as Disputes Relating to Cheque & Its Dishonour by Director Were Triable Issues”

Blog, News, Company Law

August 28, 2023

SEBI Broadens the Scope of ‘Fit and Proper’ Criteria for Depositories & Their Participants

Notification No. SEBI/LAD-NRO/GN/2023/147, Dated: 22.08.2023 … Continue reading “SEBI Broadens the Scope of ‘Fit and Proper’ Criteria for Depositories & Their Participants”

Blog, News, Company Law

August 28, 2023

SEBI Amends ‘Fit and Proper’ Criteria for Stock Exchanges and Clearing Corporations

Notification No. SEBI/LAD-NRO/GN/2023/148., Dated: 22.08.2023 … Continue reading “SEBI Amends ‘Fit and Proper’ Criteria for Stock Exchanges and Clearing Corporations”

News, Blog, Account & Audit

August 28, 2023

NFRA Investigation Unveils Auditor Misconduct | Non-Compliance, Negligence & Serious Lapses in Professional Conduct

The National Financial Reporting Authority … Continue reading “NFRA Investigation Unveils Auditor Misconduct | Non-Compliance, Negligence & Serious Lapses in Professional Conduct”

Blog, News, GST & Customs

August 28, 2023

Provisions Under Sections 129 and 130 Are Independent Provisions & Could Be Invoked Separately | Kerala HC

Case Details: Muhammad Saleem Shemsudeen … Continue reading “Provisions Under Sections 129 and 130 Are Independent Provisions & Could Be Invoked Separately | Kerala HC”

Blog, News, GST & Customs

August 28, 2023

GST Registration Can’t Be Cancelled With Retrospective Effect If No Such Proposal Was There in SCN | Delhi HC

Case Details: Virender Kumar Jain … Continue reading “GST Registration Can’t Be Cancelled With Retrospective Effect If No Such Proposal Was There in SCN | Delhi HC”

Blog, News, Income Tax

August 28, 2023

Sec. 68 Couldn’t be Invoked Just Because Unsecured Loan Received Under FDI Not Approved by Competent Authority

Case Details: Niteshkumar Maganbhai Patel … Continue reading “Sec. 68 Couldn’t be Invoked Just Because Unsecured Loan Received Under FDI Not Approved by Competent Authority”

Blog, News, Income Tax

August 28, 2023

CBDT Releases’ Handbook On Advance Rulings’ to Guide/Assist Taxpayers Seeking Advance Rulings

Press Release, dated 19-08-2023 In … Continue reading “CBDT Releases’ Handbook On Advance Rulings’ to Guide/Assist Taxpayers Seeking Advance Rulings”