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Blog, News, Income Tax

July 20, 2023

Bank Can’t Claim Shortfall u/s 36(1)(viia) While Receiving Sum from Govt. After Loan Waiver | ITAT

Case Details: Virudhunagar District Central … Continue reading “Bank Can’t Claim Shortfall u/s 36(1)(viia) While Receiving Sum from Govt. After Loan Waiver | ITAT”

News, Blog, GST & Customs

July 20, 2023

Penalty Order Rightly Set Aside Due to No Discrepancy Between Invoice & E-way Bill | SC

Case Details: Additional Commissioner Grade-2 … Continue reading “Penalty Order Rightly Set Aside Due to No Discrepancy Between Invoice & E-way Bill | SC”

Blog, News, GST & Customs

July 20, 2023

HC Set Aside Ex-parte Order Since Dept. didn’t Consider Bonafide Reasons of Illness of Petitioner

Case Details: Santosh Traders v. … Continue reading “HC Set Aside Ex-parte Order Since Dept. didn’t Consider Bonafide Reasons of Illness of Petitioner”

Blog, News, Company Law

July 20, 2023

CS Attached to Office of OL Entitled to Remuneration as per Govt. Policy for Young Professionals in MCA

Case Details: O.L. of Various … Continue reading “CS Attached to Office of OL Entitled to Remuneration as per Govt. Policy for Young Professionals in MCA”

Blog, News, Competition Law

July 20, 2023

MCA Notifies Date for Enforcement of Section 12 of Competition (Amendment) Act, 2023

Notification No. S.O. 3199(E); Dated: … Continue reading “MCA Notifies Date for Enforcement of Section 12 of Competition (Amendment) Act, 2023”

Blog, News, FEMA & Banking

July 20, 2023

RBI Includes ‘NongHyup Bank’ in the List of Scheduled Banks Under Schedule II of RBI Act, 1934

Circular No. RBI/2023-24/49 DoR.RET.REC.25/12.07.160/2023-24, Dated: … Continue reading “RBI Includes ‘NongHyup Bank’ in the List of Scheduled Banks Under Schedule II of RBI Act, 1934”

Blog, News, Company Law

July 19, 2023

[Opinion] Shedding Light | Initiating the Disclosure of Material Events & Information

Deepti Jambigi Joshi & Vallabh … Continue reading “[Opinion] Shedding Light | Initiating the Disclosure of Material Events & Information”

Blog, News, Company Law

July 19, 2023

NCLT Dismisses Amalgamation Petition due to Non-Compliance with Companies Act and Shareholders’ Interests

Case Details: Vanraj Suppliers (P.) … Continue reading “NCLT Dismisses Amalgamation Petition due to Non-Compliance with Companies Act and Shareholders’ Interests”

News, Blog, Income Tax

July 19, 2023

CBDT Amends Rule 21AK to Cover Offshore Derivative Instrument Income of NRs

Notification No. 50/2023, dated 17-07-2023 … Continue reading “CBDT Amends Rule 21AK to Cover Offshore Derivative Instrument Income of NRs”

Blog, News, Income Tax

July 19, 2023

NRIs with Inoperative PAN are Requested to Intimate Residential Status to AO | CBDT

News, dated 18-07-2023 Non-resident Indians … Continue reading “NRIs with Inoperative PAN are Requested to Intimate Residential Status to AO | CBDT”