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Blog, News, GST & Customs

December 7, 2022

SC granted bail to applicant since investigation was complete for allegations of GST evasion

Case Details: Ratnambar Kaushik v. … Continue reading “SC granted bail to applicant since investigation was complete for allegations of GST evasion”

Blog, News, Insolvency and Bankruptcy Code

December 7, 2022

NCLT rightly admitted plea filed u/s 9 as corporate debtor failed to adhere to MOU for payment of outstanding amount

Case Details: Palaparty Abhishek v. … Continue reading “NCLT rightly admitted plea filed u/s 9 as corporate debtor failed to adhere to MOU for payment of outstanding amount”

News, Blog, Company Law

December 7, 2022

[Case Study] Consequences of delayed issue of share certificates

[2022] 145 taxmann.com 287 (Article) … Continue reading “[Case Study] Consequences of delayed issue of share certificates”

Blog, News, Income Tax

December 7, 2022

[Opinion] Writ vs Appeal – The Quintessential Conundrum

Sanjeeva Narayan and Bhavesh Jindal … Continue reading “[Opinion] Writ vs Appeal – The Quintessential Conundrum”

Blog, News, Income Tax

December 7, 2022

Demerger sanctioned by NCLT is tax-compliant only if conditions in Sec. 2(19AA) are satisfied

Case Details: Grasim Industries Ltd. … Continue reading “Demerger sanctioned by NCLT is tax-compliant only if conditions in Sec. 2(19AA) are satisfied”

Blog, News, Insolvency and Bankruptcy Code

December 6, 2022

Any amount due against permission to use trademark in relation to licensed products shall be treated as operational debt: NCLAT

Case Details: Somesh Choudhary, Suspended … Continue reading “Any amount due against permission to use trademark in relation to licensed products shall be treated as operational debt: NCLAT”

Blog, News, Income Tax

December 6, 2022

[Opinion] Whether the safe harbour limits provided under the Income-tax Act are prospective or retrospective?

Mukesh Kohli – [2022] 145 … Continue reading “[Opinion] Whether the safe harbour limits provided under the Income-tax Act are prospective or retrospective?”

Blog, News, GST & Customs

December 6, 2022

Non-filing of returns due to death of CA is bonafide reason; HC allowed restoration of registration

Case Details: Kolapudi Enoch Washington … Continue reading “Non-filing of returns due to death of CA is bonafide reason; HC allowed restoration of registration”

Blog, News, GST & Customs

December 6, 2022

[Opinion] Checklist of Accounts, Records & Documents to be maintained from GST Audit Perspective

CA Mahadev R, CA Ravi … Continue reading “[Opinion] Checklist of Accounts, Records & Documents to be maintained from GST Audit Perspective”

Blog, News, Income Tax

December 6, 2022

Share valuation report by CA can’t be accepted if it is based on only basic info. supplied by management: ITAT

Case Details: ITO v. LNB … Continue reading “Share valuation report by CA can’t be accepted if it is based on only basic info. supplied by management: ITAT”