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News, Blog, Income Tax

April 5, 2023

Provisional Net Direct Collections for FY 2022-23 marks growth of 17.63%: FinMin

Press Release dated 03-04-2023 The … Continue reading “Provisional Net Direct Collections for FY 2022-23 marks growth of 17.63%: FinMin”

Blog, News, Income Tax

April 5, 2023

HC Rejected Condonation of Delay Plea on Ground that NR wasn’t Aware of Due Dates for Filing Returns

Case Details: Puneet Rastogi v. … Continue reading “HC Rejected Condonation of Delay Plea on Ground that NR wasn’t Aware of Due Dates for Filing Returns”

Blog, News, Company Law

April 5, 2023

Petition seeking extra time to file Form AOC-4 rejected as there was no proof to file within deadlines: HC

Case Details: Aurbindo Chaudhuri Memorial … Continue reading “Petition seeking extra time to file Form AOC-4 rejected as there was no proof to file within deadlines: HC”

Blog, News, FEMA & Banking

April 5, 2023

Trial Court was Not Justified in Acquitting Accused u/s 138 of NI Act: High Court

Case Details: Indranil Mondal v. … Continue reading “Trial Court was Not Justified in Acquitting Accused u/s 138 of NI Act: High Court”

Blog, News, Company Law

April 5, 2023

[Opinion] Whether Rescinding of a Resolution u/s 188 of Companies Act requires Shareholders’ Approval?

Dr K R Chandratre – … Continue reading “[Opinion] Whether Rescinding of a Resolution u/s 188 of Companies Act requires Shareholders’ Approval?”

Blog, News, Account & Audit

April 5, 2023

FAQs on Standards on Auditing (SA) 580 | Written Representations (Part-2)

Written representations (WRs) are an … Continue reading “FAQs on Standards on Auditing (SA) 580 | Written Representations (Part-2)”

News, Blog, Income Tax

April 4, 2023

No TP Additions for Shift to Fixed Interest Rate from Floating to Mitigate Business Risk

Case Details: BG Exploraton & … Continue reading “No TP Additions for Shift to Fixed Interest Rate from Floating to Mitigate Business Risk”

Blog, News, Income Tax

April 4, 2023

CBDT signed 95 Advance Pricing Agreements in FY 2022-23

Press Release, dated 31-03-2023 The … Continue reading “CBDT signed 95 Advance Pricing Agreements in FY 2022-23”

Blog, News, Company Law

April 4, 2023

10-Year Delay Invalidates Imposition of Penalty and Issue of SCN for False Auditor Certification: SAT

Case Details: R. Mugunthan v. … Continue reading “10-Year Delay Invalidates Imposition of Penalty and Issue of SCN for False Auditor Certification: SAT”

Blog, News, Company Law

April 4, 2023

Company and the MD Penalized for not Filing Board Resolution Approving Financials with MCA

1. Background of the case … Continue reading “Company and the MD Penalized for not Filing Board Resolution Approving Financials with MCA”