Blog

News, Blog, Insolvency and Bankruptcy Code

February 16, 2024

[Opinion] Resolving Power Sector Distress vis-a-vis IBC

Tanmay Rai & Sumeet Chimbalkar … Continue reading “[Opinion] Resolving Power Sector Distress vis-a-vis IBC”

Blog, News, FEMA & Banking

February 15, 2024

[Opinion] Write-off of Overseas Investment – Liquidation vs Inbound Merger

Aditya Sriram R – [2024] … Continue reading “[Opinion] Write-off of Overseas Investment – Liquidation vs Inbound Merger”

Blog, News, Insolvency and Bankruptcy Code

February 15, 2024

Liquidators Must Justify Economically and Seek the Consultation Committee’s Advice Before Legal Proceedings | IBBI

Notification No. IBBI/2023-24/GN/REG112, Dated 12.02.2024 … Continue reading “Liquidators Must Justify Economically and Seek the Consultation Committee’s Advice Before Legal Proceedings | IBBI”

Blog, News, Insolvency and Bankruptcy Code

February 15, 2024

IBBI Mandates RP to Share Sec. 99 Report With Debtor and Creditor in All Cases for Equal Information Access

Circular No. No. IBBI/II/66/2024, Dated … Continue reading “IBBI Mandates RP to Share Sec. 99 Report With Debtor and Creditor in All Cases for Equal Information Access”

Blog, News, GST & Customs

February 15, 2024

Appellate Authority Can Condone Delay in Filing Appeal Beyond Prescribed Period Under GST Act | Calcutta HC

Case Details: S.K. Chakraborty & … Continue reading “Appellate Authority Can Condone Delay in Filing Appeal Beyond Prescribed Period Under GST Act | Calcutta HC”

Blog, News, International Tax

February 15, 2024

No Requirement to Deduct Tax on Payment Made to NRs for Repair & Maintenance of Helicopter Parts | ITAT

Case Details: Global Vectra Helicorp … Continue reading “No Requirement to Deduct Tax on Payment Made to NRs for Repair & Maintenance of Helicopter Parts | ITAT”

News, Blog, Account & Audit

February 14, 2024

Consequences of Detection of Fraud After Reporting Date

Para 21 of Ind AS … Continue reading “Consequences of Detection of Fraud After Reporting Date”

Blog, Advisory, Income Tax

April 25, 2024

[FAQs] Understanding Section 43B(h) of the Income-tax Act – Deductions for Payments to MSEs

The Income-tax Act allows the … Continue reading “[FAQs] Understanding Section 43B(h) of the Income-tax Act – Deductions for Payments to MSEs”

Blog, News, Account & Audit

February 13, 2024

ICAI Issues Implementation Guide (Revised) on Reporting on Audit Trail

The Institute of Chartered Accountants … Continue reading “ICAI Issues Implementation Guide (Revised) on Reporting on Audit Trail”

Blog, News, Account & Audit

February 13, 2024

ICAI Can Refer Matter to Disciplinary Committee If Board of Discipline Disagrees With Director’s Opinion | SC

The Supreme Court has upheld … Continue reading “ICAI Can Refer Matter to Disciplinary Committee If Board of Discipline Disagrees With Director’s Opinion | SC”