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News, Blog, Income Tax

May 27, 2024

No Additions Invoking Sec. 69B if Exp. Was Held Disallowable u/s 40A(3) & Not for Unexplained Exp. | ITAT

Case Details: Gurinder Makkar vs … Continue reading “No Additions Invoking Sec. 69B if Exp. Was Held Disallowable u/s 40A(3) & Not for Unexplained Exp. | ITAT”

Blog, News, International Tax

January 16, 2025

[World Tax News] UK Releases Statutory Guidance on Pillar 2 Top-up Tax Registration and More

Editorial Team – [2024] 162 … Continue reading “[World Tax News] UK Releases Statutory Guidance on Pillar 2 Top-up Tax Registration and More”

Blog, News, Account & Audit

May 27, 2024

Checklist for Clauses 1 to 4 of Form 3CD in Tax Audit under the Income Tax Act, 1961

Section 44AB of the Income … Continue reading “Checklist for Clauses 1 to 4 of Form 3CD in Tax Audit under the Income Tax Act, 1961”

Blog, News, Company Law

May 24, 2024

SEBI Issues Updated Master Circular on ‘Issue & Listing of NCS, Securitized Debt, Security Receipts, & CPs’

Circular No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2024/54, Dated 22.05.2024 … Continue reading “SEBI Issues Updated Master Circular on ‘Issue & Listing of NCS, Securitized Debt, Security Receipts, & CPs’”

Blog, News, Income Tax

May 24, 2024

Mere Mentioning of Assessee’s Name in Panchnama of Another Co. Doesn’t Authorize AO to Issue Notice u/s 153A | HC

Case Details: Misty Meadows Private … Continue reading “Mere Mentioning of Assessee’s Name in Panchnama of Another Co. Doesn’t Authorize AO to Issue Notice u/s 153A | HC”

News, Blog, Income Tax

May 24, 2024

HC Grants Relief to PepsiCo India | Follows Sony Ericsson Ruling to Reject Bright Line Test to Benchmark AMP Exp.

Case Details: PCIT v. PepsiCo … Continue reading “HC Grants Relief to PepsiCo India | Follows Sony Ericsson Ruling to Reject Bright Line Test to Benchmark AMP Exp.”

Blog, News, Company Law

May 24, 2024

SEBI Issues Updated Master Circular for Stock Brokers

Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2024/53, Dated 22.05.2024 … Continue reading “SEBI Issues Updated Master Circular for Stock Brokers”

Blog, News, FEMA & Banking

May 24, 2024

Tribunal Reduced Penalty Amount for FEMA Violations as Amount Imposed Was Excessive Compared to Contraventions

Case Details: Shri Satpal Singh … Continue reading “Tribunal Reduced Penalty Amount for FEMA Violations as Amount Imposed Was Excessive Compared to Contraventions”

Blog, News, Account & Audit

May 24, 2024

ICMAI Issues an Updated Version of CAS-2 (Revised 2024), Replacing CAS-2 (Revised 2015)

The Cost Accounting Standards Board … Continue reading “ICMAI Issues an Updated Version of CAS-2 (Revised 2024), Replacing CAS-2 (Revised 2015)”

Blog, News, Account & Audit

May 24, 2024

[Opinion] Not-for-profit Entities in USA | Key Audit Considerations

Sundeep Gupta &  Shivam Agarwal … Continue reading “[Opinion] Not-for-profit Entities in USA | Key Audit Considerations”