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Blog, News, Income Tax

December 15, 2022

Marked-To-Market Loss From Forward Contracts Deductible U/S 37(1): Delhi High Court

Case Details: PCIT v. Simon … Continue reading “Marked-To-Market Loss From Forward Contracts Deductible U/S 37(1): Delhi High Court”

Blog, News, Company Law

December 15, 2022

Corporate Governance Provisions of LODR Apply Regardless of Net-Worth Changes Due to Accounting Practice

The SEBI, through informal guidance, … Continue reading “Corporate Governance Provisions of LODR Apply Regardless of Net-Worth Changes Due to Accounting Practice”

Blog, News, GST & Customs

December 15, 2022

HC Directed Dept. To Consider Representation of Assessee to Rectify GSTR-1

Case Details: T.M.C. – HI … Continue reading “HC Directed Dept. To Consider Representation of Assessee to Rectify GSTR-1”

News, Blog, Company Law

December 15, 2022

[Opinion] Consequences of Delayed Preparation of Board’s Report and Its Presentation at AGM

Prof R Balakrishnan – [2022] … Continue reading “[Opinion] Consequences of Delayed Preparation of Board’s Report and Its Presentation at AGM”

Blog, News, Income Tax

December 14, 2022

ITAT rules that sum paid from CCD conversion to IPO cannot be treated as interest for Sec. 194A TDS

Case Details: Spectrum Power Generation … Continue reading “ITAT rules that sum paid from CCD conversion to IPO cannot be treated as interest for Sec. 194A TDS”

Blog, News, Insolvency and Bankruptcy Code

January 8, 2025

IBBI to prepare a Common Panel of IPs for appointment as IRP, Liquidator, RP and Bankruptcy Trustee

Insolvency Professionals to act as … Continue reading “IBBI to prepare a Common Panel of IPs for appointment as IRP, Liquidator, RP and Bankruptcy Trustee”

Blog, News, GST & Customs

December 14, 2022

Department to Refund Demand Amount from Electronic Credit Ledger within 49 Days: HC

Case Details: Purulia Metal Casting … Continue reading “Department to Refund Demand Amount from Electronic Credit Ledger within 49 Days: HC”

Blog, News, GST & Customs

December 14, 2022

[Opinion] Search – Not an Ordinary Course of Action under Section 67 of GST

S.V.S. Raghavendra Rao & S.V.S.N. … Continue reading “[Opinion] Search – Not an Ordinary Course of Action under Section 67 of GST”

Blog, News, FEMA & Banking

December 14, 2022

RBI issues Master Directions on hedging of commodity price and freight risk in Overseas Markets

Circular No. RBI/2022-23/152 A. P. … Continue reading “RBI issues Master Directions on hedging of commodity price and freight risk in Overseas Markets”

News, Blog, Account & Audit

December 14, 2022

[Illustrative Checklist] Disclosure requirements under Ind AS 10 | Events after the Reporting Period

The objective of Ind AS … Continue reading “[Illustrative Checklist] Disclosure requirements under Ind AS 10 | Events after the Reporting Period”