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Blog, News, Income Tax

August 30, 2022

Sec. 14A amendments with wording ‘for removal of doubts’ cannot be presumed to have retrospective effect: HC

Case Details: PCIT (Central) v. … Continue reading “Sec. 14A amendments with wording ‘for removal of doubts’ cannot be presumed to have retrospective effect: HC”

Blog, News, Insolvency and Bankruptcy Code

August 30, 2022

Liquidator’s commercial wisdom is not open to judicial review: SC

Case Details: R.K. Industries (Unit-II) … Continue reading “Liquidator’s commercial wisdom is not open to judicial review: SC”

Blog, News, FEMA & Banking

August 30, 2022

Writ petition wasn’t maintainable where appellant had remedy under SARFAESI: HC

Case Details: Mrs. Smita v. … Continue reading “Writ petition wasn’t maintainable where appellant had remedy under SARFAESI: HC”

Blog, News, Company Law

August 30, 2022

[Opinion] Delayed compliance doesn’t absolve a company from the violation committed

[2022] 141 taxmann.com 521 (Article) … Continue reading “[Opinion] Delayed compliance doesn’t absolve a company from the violation committed”

News, Blog, GST & Customs

August 30, 2022

IBC overrides Customs Act, in case of any conflict between the two, rules SC

Case Details: Sundaresh Bhatt, Liquidator … Continue reading “IBC overrides Customs Act, in case of any conflict between the two, rules SC”

Blog, News, GST & Customs

August 30, 2022

DGFT revises export policy of wheat flour, maida, etc. to Prohibited: Notification

Notification No. 30/2015-2020 dated August … Continue reading “DGFT revises export policy of wheat flour, maida, etc. to Prohibited: Notification”

Blog, News, GST & Customs

August 30, 2022

[Opinion] Whether GST can be levied on Works Contracts?

Vikas Chandra Guru – [2022] … Continue reading “[Opinion] Whether GST can be levied on Works Contracts?”

Blog, News, GST & Customs

August 29, 2022

Detention of goods without considering GPS tracking report of taxpayer is not valid: HC

Case Details: Rivigo Services (P.) … Continue reading “Detention of goods without considering GPS tracking report of taxpayer is not valid: HC”

Blog, News, GST & Customs

August 29, 2022

[Opinion] Taxability of liquidated damages, penalties and similar charges

Krishan Arora, Sachin Sharma & … Continue reading “[Opinion] Taxability of liquidated damages, penalties and similar charges”

Blog, News, Company Law

August 29, 2022

Portfolio Managers can invest up to 30% of client’s portfolio in securities of their own associates: SEBI

Circular No. SEBI/HO/IMD/IMD-I/DOF1/P/CIR/2022/112, dated: 26.08.2022 … Continue reading “Portfolio Managers can invest up to 30% of client’s portfolio in securities of their own associates: SEBI”