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Blog, News, FEMA & Banking

July 13, 2022

RBI allows international trade settlement in Indian Rupees

RBI/2022-2023/90 A.P. (DIR SERIES) CIRCULAR … Continue reading “RBI allows international trade settlement in Indian Rupees”

Blog, News, GST & Customs

July 13, 2022

HC quashes order passed on same day of issuance of notice without affording opportunity of hearing

Case Details: MBR Flexibles Ltd. … Continue reading “HC quashes order passed on same day of issuance of notice without affording opportunity of hearing”

Blog, News, GST & Customs

July 13, 2022

P&H HC granted bail to CA being not a beneficiary of illegal availment of ITC

Case Details: Yogender Yadav v. … Continue reading “P&H HC granted bail to CA being not a beneficiary of illegal availment of ITC”

Blog, News, Income Tax

July 13, 2022

CBDT standardizes process for approval of Electoral Trust

Notification No. 173/62/2022-ITA-1, dated 11-07-2022 … Continue reading “CBDT standardizes process for approval of Electoral Trust”

Blog, News, Income Tax

July 13, 2022

Revised ITR can’t be filed to convert original return into loss return in absence of any mistake: SC

Case Details: PCIT v. Wipro … Continue reading “Revised ITR can’t be filed to convert original return into loss return in absence of any mistake: SC”

News, Blog, Insolvency and Bankruptcy Code

July 13, 2022

[Opinion] The Information Utility – The IP’s Personal Assistant

[2022] 140 taxmann.com 220 (Article) … Continue reading “[Opinion] The Information Utility – The IP’s Personal Assistant”

Blog, News, FEMA & Banking

July 13, 2022

RBI grants in-principal approval to Razorpay to operate as a payment aggregator

The Reserve Bank of India … Continue reading “RBI grants in-principal approval to Razorpay to operate as a payment aggregator”

News, Blog, Company Law

July 12, 2022

SEBI proposes to extend the applicability of insider trading norms to the units of Mutual Funds

Consultation Paper, Dated, 08.07.2022 The … Continue reading “SEBI proposes to extend the applicability of insider trading norms to the units of Mutual Funds”

Blog, News, FEMA & Banking

July 12, 2022

RBI permits banks to settle Sri Lankan trade in currency outside the ACU mechanism

A.P. (DIR Series) Circular No. … Continue reading “RBI permits banks to settle Sri Lankan trade in currency outside the ACU mechanism”

Blog, News, Income Tax

July 12, 2022

CBDT notifies ‘other condition’ to be fulfilled by ‘original fund’ claiming benefit of Sec. 47(viiad)

Notification No. 80/2022, dated 08-07-2022 … Continue reading “CBDT notifies ‘other condition’ to be fulfilled by ‘original fund’ claiming benefit of Sec. 47(viiad)”