Blog

Blog, News, FEMA & Banking

July 21, 2022

RBI adopts a four-tiered regulatory framework for UCBs

Press Release: 2022-2023/561, Dated: 19.07.2022 … Continue reading “RBI adopts a four-tiered regulatory framework for UCBs”

News, Blog, Income Tax

July 21, 2022

Sale of property reported by ‘Mahesh Bhupathi’ in ITR doesn’t absolve buyer’s liability to deduct tax u/s 195: ITAT

Case Details: Nitesh Estates Ltd. … Continue reading “Sale of property reported by ‘Mahesh Bhupathi’ in ITR doesn’t absolve buyer’s liability to deduct tax u/s 195: ITAT”

Blog, News, GST & Customs

July 21, 2022

Excise Duty removed from export of Petrol: Notification

Notification No. 17/2022-Central Excise & … Continue reading “Excise Duty removed from export of Petrol: Notification”

Blog, News, Company Law

July 21, 2022

[Opinion] SAT interprets ‘ratification’ for variation in utilization of preferential issue proceeds

[2022] 140 taxmann.com 411 (Article) … Continue reading “[Opinion] SAT interprets ‘ratification’ for variation in utilization of preferential issue proceeds”

Blog, News, Company Law

July 21, 2022

Shri Pramod Rao takes charge as Executive Director in SEBI

PR No. 24/2022, Dated: 19.07.2022 … Continue reading “Shri Pramod Rao takes charge as Executive Director in SEBI”

Blog, News, Income Tax

July 21, 2022

Pr. CCIT/CCIT to admit belated applications in Form nos. 9A, 10, 10B & 10BB: CBDT

Circulars 15 TO 17 OF … Continue reading “Pr. CCIT/CCIT to admit belated applications in Form nos. 9A, 10, 10B & 10BB: CBDT”

Blog, News, Account & Audit

July 20, 2022

Significant lapses in an audit of financial statements w.r.t materiality identified by NFRA

As we know materiality is … Continue reading “Significant lapses in an audit of financial statements w.r.t materiality identified by NFRA”

Blog, News, FEMA & Banking

July 20, 2022

RBI excludes ‘Punjab & Maharashtra Co-operative Bank Limited’ from the Second Schedule of the RBI Act

Notification no. DOR.MON.No. 3764/12.01.000/2021-22, Dated: … Continue reading “RBI excludes ‘Punjab & Maharashtra Co-operative Bank Limited’ from the Second Schedule of the RBI Act”

News, Blog, Insolvency and Bankruptcy Code

July 20, 2022

Emails from corporate debtor without containing acknowledgement of debt didn’t extend limitation for filing plea u/s 9

Case Details: Mohan Lal Goel … Continue reading “Emails from corporate debtor without containing acknowledgement of debt didn’t extend limitation for filing plea u/s 9”

Blog, News, GST & Customs

July 20, 2022

HC grants bail to applicant who has no criminal history on furnishing a personal bond

Case Details: Mayank Gautam @ … Continue reading “HC grants bail to applicant who has no criminal history on furnishing a personal bond”