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Blog, News, Transfer Pricing

May 3, 2022

Penalty u/s 271G non-leviable on assessee if TPO asked for doc. unavailable in public domain: ITAT

Case Details: ACIT v. DA … Continue reading “Penalty u/s 271G non-leviable on assessee if TPO asked for doc. unavailable in public domain: ITAT”

Blog, News, Company Law

May 3, 2022

SAT directs appellant to deposit fine under protest and file a plea for waiver of fine

Case Details: Dish TV India … Continue reading “SAT directs appellant to deposit fine under protest and file a plea for waiver of fine”

News, Blog, Insolvency and Bankruptcy Code

May 3, 2022

NCLT rightly dismissed CIRP u/s 9 because of dispute regarding progress & quality of work: NCLAT

Case Details: ABC India Ltd. … Continue reading “NCLT rightly dismissed CIRP u/s 9 because of dispute regarding progress & quality of work: NCLAT”

Blog, News, FEMA & Banking

May 3, 2022

IFSCA permits registered broker-dealers to provide market access to investors

Circular No. IFSCA/CMD-DMIIT/AP/2022-23/1, Dated 29.04.2022 … Continue reading “IFSCA permits registered broker-dealers to provide market access to investors”

Blog, News, FEMA & Banking

May 2, 2022

ED seizes Xiaomi’s assets worth Rs 5,551 crore for illegal forex remittances

The Enforcement Directorate (ED) has … Continue reading “ED seizes Xiaomi’s assets worth Rs 5,551 crore for illegal forex remittances”

Blog, News, Company Law

May 2, 2022

SEBI modifies guidelines for FPIs, DDP and Eligible FIs

Circular No SEBI/HO/IMD/FPI&C/CIR/P/2022/57, Dated 29.04.2022 … Continue reading “SEBI modifies guidelines for FPIs, DDP and Eligible FIs”

Blog, News, Company Law

May 2, 2022

Rajasthan HC ‘reads down’ RERA to include CA/CS/CWA for respondents: Drafting error corrected!

[2022] 137 taxmann.com 480 (Article) … Continue reading “Rajasthan HC ‘reads down’ RERA to include CA/CS/CWA for respondents: Drafting error corrected!”

Blog, News, Company Law

May 2, 2022

SCN issued to valuer w.r.t eligibility quashed in absence of direct allegation against her: IBBI

Case Details: Ms.Esther Rani Jakkula, … Continue reading “SCN issued to valuer w.r.t eligibility quashed in absence of direct allegation against her: IBBI”

News, Blog, Company Law

May 2, 2022

Penalising by taking a ‘hyper-technical’ view of law on Related Party Transactions not justified: SC

Case Details: Securities and Exchange … Continue reading “Penalising by taking a ‘hyper-technical’ view of law on Related Party Transactions not justified: SC”

Blog, News, Income Tax

May 4, 2022

CBDT notifies Form ITR-U for filing of updated return

Notification No. 48/2022, dated 29-04-2022 … Continue reading “CBDT notifies Form ITR-U for filing of updated return”