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Blog, News, Company Law

June 3, 2023

[Opinion] Delay in Transfer of Unspent CSR Funds Results in Penalties for Company & its Directors

Prof R Balakrishnan – [2023] … Continue reading “[Opinion] Delay in Transfer of Unspent CSR Funds Results in Penalties for Company & its Directors”

News, Blog, GST & Customs

June 2, 2023

GST is Applicable to Reimbursed Fuel Charges for Motor Vehicle Hire Services: AAR

Case Details: Authority for Advance … Continue reading “GST is Applicable to Reimbursed Fuel Charges for Motor Vehicle Hire Services: AAR”

Blog, News, GST & Customs

June 2, 2023

Rs.1,57,090 Crores Gross GST Revenue Collected in Month of May 2023 | Press Release

Press Release dated June 1st, … Continue reading “Rs.1,57,090 Crores Gross GST Revenue Collected in Month of May 2023 | Press Release”

Blog, News, Account & Audit

June 2, 2023

Ind AS Schedule III Checklist | Presentation & Disclosure of Non-Current Liabilities in the Financial Statements

Non-current liabilities play a vital … Continue reading “Ind AS Schedule III Checklist | Presentation & Disclosure of Non-Current Liabilities in the Financial Statements”

News, Blog, FEMA & Banking

June 2, 2023

DRAT’s Order to Maintain Status Quo on Mortgaged Property Ends if Borrower Defaults on Deposit Repayment: SC

Case Details: Anil v. Tata … Continue reading “DRAT’s Order to Maintain Status Quo on Mortgaged Property Ends if Borrower Defaults on Deposit Repayment: SC”

Blog, News, Company Law

June 2, 2023

SEBI Clarifies Applicability of ICSI Guidance Note on Exemptions for Related Party Transactions

Informal Guidance No. SEBI/HO/CFD/P/OW/2023/22380; Dated: … Continue reading “SEBI Clarifies Applicability of ICSI Guidance Note on Exemptions for Related Party Transactions”

Blog, News, Company Law

June 2, 2023

Top 1000 Listed Entities to Submit ‘Business Responsibility and Sustainability Report’ (BRSR) from FY 22-23: SEBI

Informal Guidance No. SEBI/HO/CFD/P/OW/2023/22328, Dated: … Continue reading “Top 1000 Listed Entities to Submit ‘Business Responsibility and Sustainability Report’ (BRSR) from FY 22-23: SEBI”

Blog, News, Income Tax

June 2, 2023

No Additions without bringing Fact that Investment in Foreign Assets from Black Money Earned in India: ITAT

Case Details: Sri Srinjoy Bose … Continue reading “No Additions without bringing Fact that Investment in Foreign Assets from Black Money Earned in India: ITAT”

News, Blog, FEMA & Banking

June 2, 2023

RBI Releases Data Relating to ‘Lending and Deposit Rates’ of Scheduled Commercial Banks

Press Release no: 2023-2024/314; dated: … Continue reading “RBI Releases Data Relating to ‘Lending and Deposit Rates’ of Scheduled Commercial Banks”

Blog, News, Income Tax

June 2, 2023

CBDT Extends Scope of Non-applicability of Sec. 56(2)(x) to Strategic Disinvestment

Notification no. 35/2023, dated 31-05-2023 … Continue reading “CBDT Extends Scope of Non-applicability of Sec. 56(2)(x) to Strategic Disinvestment”