News

Blog, News, Income Tax

March 28, 2022

Prescribed time limit to treat payer as assessee-in-default is applicable even if the payee is NR: ITAT

Case Details: Mphasis Ltd. v. … Continue reading “Prescribed time limit to treat payer as assessee-in-default is applicable even if the payee is NR: ITAT”

Blog, News, Company Law

March 28, 2022

IFSCA notifies various norms for IFSC Performance Review Committee

Notification No. IFSCA/2021-22/GN/REG022, Dated 23-02-2022 … Continue reading “IFSCA notifies various norms for IFSC Performance Review Committee”

Blog, News, Company Law

May 20, 2022

CA/CS/CWA Bill: Parliamentary panel mulls for setting up of Accounting Institute alike IIM IIT

Background The Government had introduced … Continue reading “CA/CS/CWA Bill: Parliamentary panel mulls for setting up of Accounting Institute alike IIM IIT”

Blog, News, FEMA & Banking

March 28, 2022

RBI lays down framework for capturing geo-tagging information of physical payment system touch points

Introduction RBI vide. Circular No. … Continue reading “RBI lays down framework for capturing geo-tagging information of physical payment system touch points”

Blog, News, GST & Customs

March 28, 2022

Deadline to deposit disputed amount under SVLDR Scheme not extendable by court

Case Details: Yashi Constructions v. … Continue reading “Deadline to deposit disputed amount under SVLDR Scheme not extendable by court”

Blog, News, GST & Customs

March 28, 2022

1% GST leviable on composition dealers of sweets & namkeens: AAR

Case Details: Authority for Advance … Continue reading “1% GST leviable on composition dealers of sweets & namkeens: AAR”

Blog, News, Income Tax

March 28, 2022

ITAT grants relief to Rajpal Yadav over his non-appearance before AO

Case Details: Shree Naurang Godavari … Continue reading “ITAT grants relief to Rajpal Yadav over his non-appearance before AO”

Blog, News, Income Tax

March 28, 2022

HC can’t reproduce ITAT’s observation without giving its independent reasoning: SC

Case Details: CIT v. State … Continue reading “HC can’t reproduce ITAT’s observation without giving its independent reasoning: SC”

Blog, News, FEMA & Banking

March 28, 2022

DM’s jurisdiction u/s 14 of SARFAESI is limited to see if a property is secured or not: HC

Case Details: Adams Marketing (P.) … Continue reading “DM’s jurisdiction u/s 14 of SARFAESI is limited to see if a property is secured or not: HC”

News, Blog, Company Law

March 28, 2022

SEBI streamlines the process of approval for AIFs involving scheme of arrangement

Circular No. SEBI/HO/IMD-1/ DF9/CIR/2022/032, Dated: … Continue reading “SEBI streamlines the process of approval for AIFs involving scheme of arrangement”