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Blog, News, Income Tax

January 19, 2023

CBDT’s guidelines for compounding offenses can’t restrict AO’s powers: HC

Case Details: Footcandles Film (P.) … Continue reading “CBDT’s guidelines for compounding offenses can’t restrict AO’s powers: HC”

Blog, News, Income Tax

January 19, 2023

[Opinion] Tale of two Retrospective Amendments

Every year, the announcement of … Continue reading “[Opinion] Tale of two Retrospective Amendments”

Blog, News, GST & Customs

January 18, 2023

Administering COVID-19 vaccine doesn’t qualify as healthcare service for GST exemption: AAAR

Case Details: Appellate Authority for … Continue reading “Administering COVID-19 vaccine doesn’t qualify as healthcare service for GST exemption: AAAR”

Blog, News, GST & Customs

January 18, 2023

Advisory on ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns: GSTN Update

GSTN Update dated January 16th, … Continue reading “Advisory on ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns: GSTN Update”

Blog, News, Income Tax

January 18, 2023

‘Water Corporation of Odisha Ltd.’ eligible for Income Tax immunity as ‘State’: ITAT

Case Details: WATCO v. CIT … Continue reading “‘Water Corporation of Odisha Ltd.’ eligible for Income Tax immunity as ‘State’: ITAT”

Blog, News, FEMA & Banking

January 18, 2023

RBI issues guidelines on Acquisition and Holding of Shares in Banking Companies

RBI’s Guidelines on Acquisition, dated: … Continue reading “RBI issues guidelines on Acquisition and Holding of Shares in Banking Companies”

News, Blog, FEMA & Banking

January 18, 2023

IFSCA releases framework for designing and pricing of insurance products

Notification No. IFSCA/2022-23/GN/REG029., Dated 12.01.2023 … Continue reading “IFSCA releases framework for designing and pricing of insurance products”

Blog, News, FEMA & Banking

January 18, 2023

IFSCA: Process for Preparing & Presenting Financial Statements for IFSC Insurance Offices

Notification No. IFSCA/2022-23/GN/REG033, Dated 12.01.2023 … Continue reading “IFSCA: Process for Preparing & Presenting Financial Statements for IFSC Insurance Offices”

Blog, News, FEMA & Banking

January 18, 2023

IFSCA prescribes framework for IFSC Insurance Office’s Asset Investment

Notification No. IFSCA/2022-23/GN/REG030, Dated 12.01.2023 … Continue reading “IFSCA prescribes framework for IFSC Insurance Office’s Asset Investment”

Blog, News, FEMA & Banking

January 18, 2023

RBI proposes framework for banks to classify financial assets based on credit losses

Press Release: 2022-2023/1558, Dated 16.01.2023 … Continue reading “RBI proposes framework for banks to classify financial assets based on credit losses”