News

Blog, News, GST & Customs

July 4, 2023

Penalty can’t be Levied if Dept. can’t Form Opinion to Falsify Genuineness of Documents Produced by Assessee: HC

Case Details: Shahil Traders v. … Continue reading “Penalty can’t be Levied if Dept. can’t Form Opinion to Falsify Genuineness of Documents Produced by Assessee: HC”

Blog, News, Income Tax

July 3, 2023

CBDT Releases Guidelines to Remove Difficulty in Implementation of TCS on LRS & Overseas Tour Package

Circular No. 10 of 2023, … Continue reading “CBDT Releases Guidelines to Remove Difficulty in Implementation of TCS on LRS & Overseas Tour Package”

News, Blog, Income Tax

July 3, 2023

CBDT to Review Cases of Non-linked PANs Despite Receiving Fees and Consent by June 30, 2023

News, dated 30-06-2023 On June … Continue reading “CBDT to Review Cases of Non-linked PANs Despite Receiving Fees and Consent by June 30, 2023”

Blog, News, FEMA & Banking

July 3, 2023

Govt. Reinstates Rule 7 to FEM (CAT) Rules, 2000 | Excludes ICC Usage Abroad from LRS Ambit

Notification No. G.S.R. 472(E); Dated: … Continue reading “Govt. Reinstates Rule 7 to FEM (CAT) Rules, 2000 | Excludes ICC Usage Abroad from LRS Ambit”

Blog, News, Company Law

July 3, 2023

SEBI Extends Timeline for Upstreaming of Clients’ Funds by Stock Brokers/Clearing Members

Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/110; dated: 30.06.2023 … Continue reading “SEBI Extends Timeline for Upstreaming of Clients’ Funds by Stock Brokers/Clearing Members”

Blog, News, GST & Customs

July 3, 2023

ITC is not to be Reversed on Post Supply Discount if Outward Liability was not Reduced by Supplier: AAR

Case Details: Authority for Advance … Continue reading “ITC is not to be Reversed on Post Supply Discount if Outward Liability was not Reduced by Supplier: AAR”

Blog, News, GST & Customs

July 3, 2023

[Opinion] Recent Supreme Court’s Verdict | A Wake up Call to Re-evaluate Warranty Transactions

Shivam Mehta & Tanya Garg … Continue reading “[Opinion] Recent Supreme Court’s Verdict | A Wake up Call to Re-evaluate Warranty Transactions”

Blog, News, Account & Audit

July 3, 2023

[Checklist] for IPs to Comply with Obligations of Committee of Creditors Meetings

The meetings of the Committee … Continue reading “[Checklist] for IPs to Comply with Obligations of Committee of Creditors Meetings”

Blog, News, GST & Customs

July 2, 2023

Objection on Non-issue of DRC-01A was Hypertechnical when Entire Tax Amount was Disputed by Petitioner: HC

Case Details: Elesh Agrawal v. … Continue reading “Objection on Non-issue of DRC-01A was Hypertechnical when Entire Tax Amount was Disputed by Petitioner: HC”

Blog, News, Company Law

July 2, 2023

[Opinion] RD Grants Relief Based on Financial Conditions & Sets Aside RoC’s Order on Non-appointment of CS

Prof R Balakrishnan – [2023] … Continue reading “[Opinion] RD Grants Relief Based on Financial Conditions & Sets Aside RoC’s Order on Non-appointment of CS”