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Blog, News, FEMA & Banking

September 12, 2022

SC grants opportunity to borrowers to defend recovery suit as they paid entire decretal amount

Case Details: Jersey Developers (P.) … Continue reading “SC grants opportunity to borrowers to defend recovery suit as they paid entire decretal amount”

News, Blog, Income Tax

September 9, 2022

No question of law arises if ITAT held that gain on sale of agricultural land was taxable as business income: SC

Case Details: Sunil Bansal v. … Continue reading “No question of law arises if ITAT held that gain on sale of agricultural land was taxable as business income: SC”

Blog, News, GST & Customs

September 9, 2022

Refurbishment cost not includible in purchase price under margin scheme: AAAR

Case Details: Tej Kumar Jain, … Continue reading “Refurbishment cost not includible in purchase price under margin scheme: AAAR”

Blog, News, Insolvency and Bankruptcy Code

September 9, 2022

CIRP can be initiated u/s 7 of IBC against a corporate entity that has given a guarantee to secure the dues: SC

Case Details: K. Paramasivam v. … Continue reading “CIRP can be initiated u/s 7 of IBC against a corporate entity that has given a guarantee to secure the dues: SC”

Blog, News, Insolvency and Bankruptcy Code

September 9, 2022

Limitation is to be counted from date of preparation of certified copy & not from date of delivery: NCLAT

Case Details: Wadhwa Rubber v. … Continue reading “Limitation is to be counted from date of preparation of certified copy & not from date of delivery: NCLAT”

Blog, News, Insolvency and Bankruptcy Code

September 9, 2022

State is a secured creditor for tax purpose under Gujarat VAT Act: SC

Case Details: State tax officer … Continue reading “State is a secured creditor for tax purpose under Gujarat VAT Act: SC”

Blog, News, Income Tax

September 9, 2022

Sec. 80-IA relief can’t be denied just because assessee was referred to as contractor

Case Details: Akash Infra Projects … Continue reading “Sec. 80-IA relief can’t be denied just because assessee was referred to as contractor”

Blog, News, Income Tax

September 21, 2022

[Opinion] Does ‘Tax Audit’ u/s 44AB apply to Business Income of Charitable Trusts?

Dr. Manoj Fogla, CA Suresh … Continue reading “[Opinion] Does ‘Tax Audit’ u/s 44AB apply to Business Income of Charitable Trusts?”

Blog, GST & Customs

September 8, 2022

Place of Supply in GST with Examples

Table of Contents 1. Introduction … Continue reading “Place of Supply in GST with Examples”

Blog, Income Tax

March 31, 2025

Capital Gains under the Income-tax Act & Its Computation

Capital gains refer to the … Continue reading “Capital Gains under the Income-tax Act & Its Computation”