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News, Blog, Income Tax

June 13, 2023

[Opinion] Gifts And Inheritances – A Brief Analysis

CA S. Krishnan – [2023] … Continue reading “[Opinion] Gifts And Inheritances – A Brief Analysis”

Blog, News, GST & Customs

June 13, 2023

Refund can’t be Withheld Based on Commissioner’s Appeal, Refund with Interest to be Processed: HC

Case Details: G. S. Industries … Continue reading “Refund can’t be Withheld Based on Commissioner’s Appeal, Refund with Interest to be Processed: HC”

Blog, News, FEMA & Banking

June 13, 2023

Declaration of Wilful Defaulter and Debt Recovery Proceedings are Distinct: High Court

Case Details: Jagdish Prasad Saboo … Continue reading “Declaration of Wilful Defaulter and Debt Recovery Proceedings are Distinct: High Court”

Blog, News, Income Tax

June 13, 2023

Sec. 54B Exemption not Valid for Seaside Land Claimed as Agricultural Use: ITAT

Case Details: Keshav Sunderam Rajam … Continue reading “Sec. 54B Exemption not Valid for Seaside Land Claimed as Agricultural Use: ITAT”

Blog, News, GST & Customs

June 12, 2023

HC Permitted Department to Re-deposit Amount Unilaterally Recovered from Assessee’s Bank Account

Case Details: Pradeep Kumar Siddha … Continue reading “HC Permitted Department to Re-deposit Amount Unilaterally Recovered from Assessee’s Bank Account”

News, Blog, FEMA & Banking

June 12, 2023

Guarding Digital Lending | RBI’s Game-Changing Guidelines for ‘Default Loss Guarantee’

RBI vide Circular No. RBI/2023-24/41 … Continue reading “Guarding Digital Lending | RBI’s Game-Changing Guidelines for ‘Default Loss Guarantee’”

Blog, News, FEMA & Banking

June 12, 2023

RBI Unveils Guidelines on Default Loss Guarantee in Digital Lending

Circular No. RBI/2023-24/41 DOR.CRE.REC.21/21.07.001/2023-24, Dated: … Continue reading “RBI Unveils Guidelines on Default Loss Guarantee in Digital Lending”

Blog, News, FEMA & Banking

June 12, 2023

RBI Extends Priority Sector Lending Target Deadline for Urban Cooperative Banks (UCBs)

Circular No. RBI/2023-24/42 DOR.CRE.REC.18/07.10.002/2023-24, Dated … Continue reading “RBI Extends Priority Sector Lending Target Deadline for Urban Cooperative Banks (UCBs)”

Blog, News, GST & Customs

June 12, 2023

Order for Detention of Goods Passed on Same Date of Notice Without Hearing to be Set Aside: HC

Case Details: Shido Pharma v. … Continue reading “Order for Detention of Goods Passed on Same Date of Notice Without Hearing to be Set Aside: HC”

Blog, News, FEMA & Banking

June 12, 2023

Scheduled Commercial Banks can Set their own Limits for Borrowing in Call and Notice Money Markets: RBI

Circular No. RBI/2022-23/38 FMRD.DIRD.02/14.01.001/2023-24, Dated … Continue reading “Scheduled Commercial Banks can Set their own Limits for Borrowing in Call and Notice Money Markets: RBI”