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News, Blog, FEMA & Banking

August 1, 2024

RBI Permits ‘Urban Cooperative Banks’ to Transfer Balances in Dividend Equalisation Fund to Free Reserves

Circular No. RBI/2024-25/57 DOR.CAP.REC.No.30/09.18.201/2024-25; Dated: … Continue reading “RBI Permits ‘Urban Cooperative Banks’ to Transfer Balances in Dividend Equalisation Fund to Free Reserves”

Blog, News, Company Law

August 1, 2024

HC Overturns Arbitrator’s Award for Compelling Retiring Partner to Sign Faulty Financials

Case Details: Prashant Mohta v. … Continue reading “HC Overturns Arbitrator’s Award for Compelling Retiring Partner to Sign Faulty Financials”

Blog, News, GST & Customs

August 1, 2024

Writ Petition Against Order Confirming Tax Proposal Was to Be Dismissed as Reply of Assessee Was Duly Considered by AO | HC

Case Details: Tvl. Nagarajan Pavithra … Continue reading “Writ Petition Against Order Confirming Tax Proposal Was to Be Dismissed as Reply of Assessee Was Duly Considered by AO | HC”

Blog, News, GST & Customs

August 1, 2024

Matter to Be Remitted Back to Pass Fresh Order on Merits as Assessee Being a Small Operator Failed to Check SCN on Portal | HC

Case Details: New Grace Computers … Continue reading “Matter to Be Remitted Back to Pass Fresh Order on Merits as Assessee Being a Small Operator Failed to Check SCN on Portal | HC”

Blog, News, Income Tax

August 1, 2024

[Opinion] India’s Fiscal Budget 2024 – A Step Towards Empowering the Middle Class

CA Ashish Garg & CA … Continue reading “[Opinion] India’s Fiscal Budget 2024 – A Step Towards Empowering the Middle Class”

Blog, News, Income Tax

August 1, 2024

Assessee to Be Given Opportunity to Explain Before Switching Additions From u/s 68 to 69A | HC

Case Details: Vishal Jhajharia vs. … Continue reading “Assessee to Be Given Opportunity to Explain Before Switching Additions From u/s 68 to 69A | HC”

Blog, Budget, Income Tax

July 31, 2024

Simplified Tax Exemptions for Charitable Trusts – Union Budget | 2024-25 Amendments

The exemption regimes under Section … Continue reading “Simplified Tax Exemptions for Charitable Trusts – Union Budget | 2024-25 Amendments”

News, Blog, Company Law

July 31, 2024

SEBI Launches Chatbot “SEVA” for Investors

PR No. 14/2024; Dated: 29.07.2024 … Continue reading “SEBI Launches Chatbot “SEVA” for Investors”

Blog, News, Company Law

July 31, 2024

SEBI Proposes Redefining ‘Immediate Relative’ to ‘Relative’ as Per Income Tax Act for Insider Trading Rules

Consultation Paper, Dated: 29.07.2024 SEBI … Continue reading “SEBI Proposes Redefining ‘Immediate Relative’ to ‘Relative’ as Per Income Tax Act for Insider Trading Rules”

Blog, News, FEMA & Banking

July 31, 2024

RBI Restricts FPIs from Investing in New 14-Year and 30-Year G-Secs Under Fully Accessible Route

Circular No. RBI/2024-25/56 FMRD. FMID. … Continue reading “RBI Restricts FPIs from Investing in New 14-Year and 30-Year G-Secs Under Fully Accessible Route”