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Blog, News, Company Law

November 29, 2024

[Opinion] ROC Penalizes Co., WTD, CFO & CS for Failing to Address Audit Objections on Internal Financial Controls in Board Report

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] ROC Penalizes Co., WTD, CFO & CS for Failing to Address Audit Objections on Internal Financial Controls in Board Report”

Blog, News, Income Tax

November 29, 2024

No Tax on Surplus of Company Formed by Members of Industrial Association to Reduce Pollution | HC

Case Details: Commissioner of Income-tax … Continue reading “No Tax on Surplus of Company Formed by Members of Industrial Association to Reduce Pollution | HC”

Blog, News, Income Tax

November 29, 2024

Transfer of Capital Asset From ‘NLCIL’ to ‘NIRL’ Shall Not Be Treated as Transfer for Purpose of Capital Gains | CBDT

Notification No. 122/2024, dated 27-11-2024 … Continue reading “Transfer of Capital Asset From ‘NLCIL’ to ‘NIRL’ Shall Not Be Treated as Transfer for Purpose of Capital Gains | CBDT”

Blog, News, Account & Audit

November 29, 2024

[Global Financial Insights] FRC Releases 2024 Annual Review on Corporate Governance Reporting and More

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] FRC Releases 2024 Annual Review on Corporate Governance Reporting and More”

Blog, News, GST & Customs

November 28, 2024

Matter Remanded as SCN Wasn’t Served to Assessee Properly Before ITC Reversal Order Was Passed

Case Details: EN TEE EN … Continue reading “Matter Remanded as SCN Wasn’t Served to Assessee Properly Before ITC Reversal Order Was Passed”

Blog, News, Income Tax

November 28, 2024

Running Petrol Pump Was Incidental to Attainment of Educational Objects of Trust If Surplus Was Used for Charitable Activities: ITAT

Case Details: Smt. Lingammal Ramaraju … Continue reading “Running Petrol Pump Was Incidental to Attainment of Educational Objects of Trust If Surplus Was Used for Charitable Activities: ITAT”

News, Blog, Company Law

November 28, 2024

SEBI Introduces Mark-to-Market Basis Valuation for Repurchase (Repo) Transactions by Mutual Funds

Circular No. SEBI/HO/IMD/IMD-I PoD-1/P/CIR/2024/163; Dated: … Continue reading “SEBI Introduces Mark-to-Market Basis Valuation for Repurchase (Repo) Transactions by Mutual Funds”

Blog, News, FEMA & Banking

November 28, 2024

Writ Petition Wasn’t Maintainable Where Petitioner-Borrower Had an Alternative Remedy u/s 17 of SARFAESI Act | HC

Case Details: Neelkanth Yarn v. … Continue reading “Writ Petition Wasn’t Maintainable Where Petitioner-Borrower Had an Alternative Remedy u/s 17 of SARFAESI Act | HC”

Blog, News, Account & Audit

November 28, 2024

Accounting Treatment of Administrative and Establishment Expenses in Infrastructure Development Projects

This document provides an in-depth … Continue reading “Accounting Treatment of Administrative and Establishment Expenses in Infrastructure Development Projects”

News, Blog, GST & Customs

November 28, 2024

CBIC Notifies Districts Forming the Jurisdiction of the State Benches of the Goods and Services Tax Appellate Tribunal

Notification S.O. 5063(E) dated November … Continue reading “CBIC Notifies Districts Forming the Jurisdiction of the State Benches of the Goods and Services Tax Appellate Tribunal”