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News, Blog, FEMA & Banking

December 28, 2022

RBI migrates fraud reporting module to ‘DAKSH’ to streamline reporting & enhance efficiency

Notification No. RBI/2022-23/158 CO.DPSS.OVRST.No.S1619/06-08-005/2022-2023, Dated … Continue reading “RBI migrates fraud reporting module to ‘DAKSH’ to streamline reporting & enhance efficiency”

Blog, News, Company Law

December 28, 2022

Official Liquidator permitted to utilise funds from Common Pool Fund Account in case of shortage: HC

Case Details: Official Liquidator of … Continue reading “Official Liquidator permitted to utilise funds from Common Pool Fund Account in case of shortage: HC”

Blog, News, International Tax

December 28, 2022

ITAT clarifies taxability of ‘Global Cricket Corporation’ on sum received from ICC events in India

Case Details: ADIT v. Global … Continue reading “ITAT clarifies taxability of ‘Global Cricket Corporation’ on sum received from ICC events in India”

Blog, News, GST & Customs

December 27, 2022

HC dismisses writ petition against SCN in view of alternative remedy to contest the notice before AA

Case Details: Ashoo Road Lines … Continue reading “HC dismisses writ petition against SCN in view of alternative remedy to contest the notice before AA”

Blog, News, GST & Customs

December 27, 2022

HC sets aside SCN & order of cancellation of registration being failed to divulge misdeed

Case Details: S.A. Traders v. … Continue reading “HC sets aside SCN & order of cancellation of registration being failed to divulge misdeed”

Blog, News, Company Law

December 27, 2022

[Opinion] Company Secretaries in Employment – A case for a review in the reporting structure

[2022] 145 taxmann.com 561 (Article) … Continue reading “[Opinion] Company Secretaries in Employment – A case for a review in the reporting structure”

Blog, News, Income Tax

December 27, 2022

[Opinion] Charitable Trust – Managing Application of Income on Actual Payment Basis

CA Naresh Kumar Kabra & … Continue reading “[Opinion] Charitable Trust – Managing Application of Income on Actual Payment Basis”

News, Blog, Income Tax

December 27, 2022

AO can’t proceed u/s 179 if non-recovery of demand not due to director’s negligence: HC

Case Details: Devendra Babulal Jain … Continue reading “AO can’t proceed u/s 179 if non-recovery of demand not due to director’s negligence: HC”

Blog, News, Company Law

December 27, 2022

[Opinion] Consequences of failing to address auditor’s observations in the Board’s Report

[2022] 145 taxmann.com 564 (Article) … Continue reading “[Opinion] Consequences of failing to address auditor’s observations in the Board’s Report”

Blog, News, Account & Audit

December 26, 2022

[Checklist] Disclosure requirements under Ind AS 21 | Effects of Changes in Foreign Exchange Rates

An entity may carry on … Continue reading “[Checklist] Disclosure requirements under Ind AS 21 | Effects of Changes in Foreign Exchange Rates”