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Blog, News, GST & Customs

September 10, 2021

Activity of tanker body building is a supply of service and taxable at 18%

Case details: Authority for Advance … Continue reading “Activity of tanker body building is a supply of service and taxable at 18%”

Blog, News, GST & Customs

September 10, 2021

Commissioner can revise order of subordinate officer only after examination of records: Allahabad HC

Case details: North End Food … Continue reading “Commissioner can revise order of subordinate officer only after examination of records: Allahabad HC”

News, Blog, Income Tax

September 10, 2021

Equalisation Levy – Would it impact Foreign insurtechs

Bahroze Kamdin -Partner, Deloitte India … Continue reading “Equalisation Levy – Would it impact Foreign insurtechs”

Blog, News, Income Tax

September 10, 2021

Portion of money retained in Escrow account to be taken into consideration for computing capital gains: HC

Case details: Caborandum Universal Limited … Continue reading “Portion of money retained in Escrow account to be taken into consideration for computing capital gains: HC”

Blog, News, FEMA & Banking

September 10, 2021

Cheque bounced on account of being non-MICR cheque couldn’t be a ground for prosecution u/s 138 of NI Act

Case details: Md. Nasim Ansari … Continue reading “Cheque bounced on account of being non-MICR cheque couldn’t be a ground for prosecution u/s 138 of NI Act”

Blog, News, Insolvency and Bankruptcy Code

September 10, 2021

In application u/s 7 financial creditor and corporate debtor alone are necessary parties and no third party is contemplated

Case details: Vekas Kumar Garg … Continue reading “In application u/s 7 financial creditor and corporate debtor alone are necessary parties and no third party is contemplated”

Blog, News, FEMA & Banking

September 10, 2021

HC refuses to grant bail in money laundering case due to pendency of investigation and non-cooperation of accused

Case details: Vijay Narendra Kumar … Continue reading “HC refuses to grant bail in money laundering case due to pendency of investigation and non-cooperation of accused”

Blog, News, GST & Customs

September 9, 2021

CESTAT allowed assessee to claim refund of transitional credit available after filing of revised Service Tax return

Case details: Punjab National Bank … Continue reading “CESTAT allowed assessee to claim refund of transitional credit available after filing of revised Service Tax return”

Blog, News, GST & Customs

June 27, 2022

Government approved Production Linked Incentive (PLI) Scheme for Textiles

Press Release Dated September 8th, … Continue reading “Government approved Production Linked Incentive (PLI) Scheme for Textiles”

News, Blog, Insolvency and Bankruptcy Code

September 9, 2021

Corporate debtor can’t be allowed to alter financial status while application was pending u/s 10

Case details: Prithivraj Spinning Mill … Continue reading “Corporate debtor can’t be allowed to alter financial status while application was pending u/s 10”