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Blog, News, Income Tax

September 3, 2022

Requirement to quote PAN on cash deposit/withdrawal not applicable on Central/State Govt.: CBDT

Notification No. 105/2022, dated 01-09-2022 … Continue reading “Requirement to quote PAN on cash deposit/withdrawal not applicable on Central/State Govt.: CBDT”

Blog, News, Income Tax

September 3, 2022

Reference to DVO u/s 142A can’t be made for ascertaining expenditure which assessee made on purchases of land: ITAT

Case Details: Toffee Agricultural Farms … Continue reading “Reference to DVO u/s 142A can’t be made for ascertaining expenditure which assessee made on purchases of land: ITAT”

News, Blog, GST & Customs

September 3, 2022

CBIC issues guidelines for launching prosecution under CGST Act, 2017

Instruction No. 04/2022-23 dated September … Continue reading “CBIC issues guidelines for launching prosecution under CGST Act, 2017”

Blog, News, Insolvency and Bankruptcy Code

September 3, 2022

Corporate debtor engaged in financial services was out of ambit of ‘corporate person’: NCLT

Case Details: Mrs Parveen Chawla … Continue reading “Corporate debtor engaged in financial services was out of ambit of ‘corporate person’: NCLT”

Blog, News, GST & Customs

September 3, 2022

Goods can’t be seized from godown by invoking section 129 of CGST Act: HC

Case Details: Mahavir Polyplast (P.) … Continue reading “Goods can’t be seized from godown by invoking section 129 of CGST Act: HC”

Blog, News, GST & Customs

September 3, 2022

CBIC notified exchange rates effective from September 2nd, 2022

Notification No. 73/2022 -Customs (N.T.) … Continue reading “CBIC notified exchange rates effective from September 2nd, 2022”

Blog, News, Company Law

September 3, 2022

Imposition of Rs. 20 Lakhs penalty on stock broker for delay in complying with a SEBI circular was excessive: SAT

Case Details: ACML Capital Markets … Continue reading “Imposition of Rs. 20 Lakhs penalty on stock broker for delay in complying with a SEBI circular was excessive: SAT”

News, Blog, Insolvency and Bankruptcy Code

September 2, 2022

IBBI hikes the examination fee for Limited Insolvency & Valuation Examinations

IBBI Circular No. IBBI/EXAM/52/2022 Dated: … Continue reading “IBBI hikes the examination fee for Limited Insolvency & Valuation Examinations”

Blog, News, Insolvency and Bankruptcy Code

September 2, 2022

RP didn’t violate IBC by entering into settlement pact without distributing sales proceeds

Case Details: Anil Kohli, In … Continue reading “RP didn’t violate IBC by entering into settlement pact without distributing sales proceeds”

Blog, News, Company Law

September 2, 2022

[Opinion] Incorrect Company Name could attract penalty under Companies Act 2013 – Case Study

[2022] 141 taxmann.com 554 (Article) … Continue reading “[Opinion] Incorrect Company Name could attract penalty under Companies Act 2013 – Case Study”