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Blog, News, FEMA & Banking

October 14, 2022

RBI allows ARCs to act as resolution applicants under IBC

CIRCULAR No. RBI/2022-23/128 DOR.SIG.FIN.REC.75/26.03.001/2022-23, Dated: … Continue reading “RBI allows ARCs to act as resolution applicants under IBC”

Blog, News, Income Tax

December 24, 2024

No Equalisation levy on sum paid to ‘Google’ for Ads if target audience is located outside India: ITAT

Case Details: DCIT v. Prakash … Continue reading “No Equalisation levy on sum paid to ‘Google’ for Ads if target audience is located outside India: ITAT”

Blog, News, Income Tax

October 12, 2022

CBDT amends definition of ‘non-reporting financial institution’ for purpose of reporting under FATCA

Notification no. 112/2022, dated 07-10-2022 … Continue reading “CBDT amends definition of ‘non-reporting financial institution’ for purpose of reporting under FATCA”

Blog, News, FEMA & Banking

October 12, 2022

RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities

Circular No. RBI/2022-23/127 DOR.FIN.REC.No.73/03.10.117/2022-23, dated: … Continue reading “RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities”

Blog, News, Company Law

October 12, 2022

Shri Ananth Narayan Gopalakrishnan takes charge as a Whole Time Member of SEBI

Press Release no. 31/2022, dated: … Continue reading “Shri Ananth Narayan Gopalakrishnan takes charge as a Whole Time Member of SEBI”

Blog, News, GST & Customs

October 12, 2022

Reply to SCN to be considered even if sent by post and not through portal: Madras HC

Case Details: Asia (Chennai) Engineering … Continue reading “Reply to SCN to be considered even if sent by post and not through portal: Madras HC”

News, Blog, GST & Customs

October 12, 2022

Seized goods are not liable to be released automatically on payment of pre-deposit amount: HC

Case Details: TCI Freight v. … Continue reading “Seized goods are not liable to be released automatically on payment of pre-deposit amount: HC”

Blog, News, FEMA & Banking

October 12, 2022

RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities

Circular No. RBI/2022-23/126 DOR.FIN.REC.No.72/03.10.117/2022-23, dated: … Continue reading “RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities”

News, Blog, Company Law

October 12, 2022

SEBI revises the existing Electronic Book Provider (EBP) framework

Circular: SEBI/HO/DDHS/ DDHS_Div1/P/CIR/2022/00139, dated: 10.10.2022 … Continue reading “SEBI revises the existing Electronic Book Provider (EBP) framework”

Blog, News, Insolvency and Bankruptcy Code

October 11, 2022

NCLT rightly rejected plea for approval of resolution plan as applicant failed to furnish a performance guarantee

Case Details: Cimco Projects Ltd. … Continue reading “NCLT rightly rejected plea for approval of resolution plan as applicant failed to furnish a performance guarantee”