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Blog, News, Transfer Pricing

December 28, 2024

[Opinion] Limitation on Interest Deduction in Certain Cases (Section 94B)

CA Rohan Sogani & Samarth … Continue reading “[Opinion] Limitation on Interest Deduction in Certain Cases (Section 94B)”

Blog, News, Income Tax

December 28, 2024

NBFC Not Liable to TDS on Interest Income Credited on Purchase of Portfolio from Another Co

Case Details: Piramal Capital and … Continue reading “NBFC Not Liable to TDS on Interest Income Credited on Purchase of Portfolio from Another Co”

Blog, News, Account & Audit

December 28, 2024

[Global Financial Insights] IFRS Foundation Proposes Handbook Updates and More

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] IFRS Foundation Proposes Handbook Updates and More”

Blog, News, GST & Customs

December 28, 2024

Delay in Filing Appeal Condoned Due to Non-Formation of GSTAT Obstructing Assessee’s Right to Appeal

Case Details: Pramod Kumar Jaiswal … Continue reading “Delay in Filing Appeal Condoned Due to Non-Formation of GSTAT Obstructing Assessee’s Right to Appeal”

Blog, News, Insolvency and Bankruptcy Code

December 26, 2024

NCLT Rejected Re-Filing of Insolvency Petition by FC, as AA Did Not Allow Re-Filing Post-Settlement Failure

Case Details: Subham Capital (P.) … Continue reading “NCLT Rejected Re-Filing of Insolvency Petition by FC, as AA Did Not Allow Re-Filing Post-Settlement Failure”

News, Blog, FEMA & Banking

December 26, 2024

ED Couldn’t Deny NOCs for Remitting Funds Abroad Based on Mere FEMA Summons; Clear Proof of Contravention Was Required | HC

Case Details: Times Internet Ltd. … Continue reading “ED Couldn’t Deny NOCs for Remitting Funds Abroad Based on Mere FEMA Summons; Clear Proof of Contravention Was Required | HC”

Blog, News, GST & Customs

December 26, 2024

Denial of ITC Justified as Assessee Claimed Higher Amount in GSTR-3B Than Available in GSTR-2A; HC Dismissed Writ

Case Details: Laxmi Telecom vs. … Continue reading “Denial of ITC Justified as Assessee Claimed Higher Amount in GSTR-3B Than Available in GSTR-2A; HC Dismissed Writ”

Blog, News, GST & Customs

December 26, 2024

Demand Order to Be Set Aside as It Was Non-Speaking and Didn’t Make Any Reference of Notification Taking Away Exemption Benefit | HC

Case Details: Smt Angoori Devi … Continue reading “Demand Order to Be Set Aside as It Was Non-Speaking and Didn’t Make Any Reference of Notification Taking Away Exemption Benefit | HC”

Blog, News, Income Tax

December 26, 2024

[Opinion] Non-Convertible Debentures – Tax & Company Law Aspects

CA Rohan Sogani & Samriddhi … Continue reading “[Opinion] Non-Convertible Debentures – Tax & Company Law Aspects”

Blog, News, Income Tax

December 26, 2024

CBDT Directed to Extend Due Date for e-Filing of ITR Due to Issues With New Utility Affecting Sec. 87A Rebate | HC

Case Details: Chamber of Tax … Continue reading “CBDT Directed to Extend Due Date for e-Filing of ITR Due to Issues With New Utility Affecting Sec. 87A Rebate | HC”