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Blog, News, FEMA & Banking

December 21, 2023

REs Shall Not Invest in AIFs With Direct or Indirect Downstream Investments in Its Debtor Companies | RBI

Circular No. RBI/2023-24/90 DOR.STR.REC.58/21.04.048/2023-24, Dated … Continue reading “REs Shall Not Invest in AIFs With Direct or Indirect Downstream Investments in Its Debtor Companies | RBI”

Blog, News, Account & Audit

December 21, 2023

Recognition of Leased Project Assets in Accordance with Ind AS 116

Under Ind AS 116, an … Continue reading “Recognition of Leased Project Assets in Accordance with Ind AS 116”

News, Blog, GST & Customs

December 21, 2023

GST Registration Should Be Cancelled From Closure Date of Business Due to Sealing Drive By Municipality | Delhi HC

Case Details: R. K. Metal … Continue reading “GST Registration Should Be Cancelled From Closure Date of Business Due to Sealing Drive By Municipality | Delhi HC”

Other Laws, Blog

December 21, 2023

Understanding Real Estate Documentation – Allotment Letters | Agreements for Sale | Sale Deeds under RERA

Table of Contents Overview Sales … Continue reading “Understanding Real Estate Documentation – Allotment Letters | Agreements for Sale | Sale Deeds under RERA”

Blog, News, Company Law

December 20, 2023

Accreditation Agencies, Which Are Also KRAs, Can Now Access KYC Docs of Applicants Available With Them | SEBI

Circular No. SEBI/HO/AFD/PoD1/CIR/2023/189, Dated 18.12.2023 … Continue reading “Accreditation Agencies, Which Are Also KRAs, Can Now Access KYC Docs of Applicants Available With Them | SEBI”

Blog, News, Account & Audit

December 20, 2023

ICAI Releases Exposure Draft on Consequential Provisions for Non-compliance With CPE Hours From 2024 Onward

The Institute of Chartered Accountants … Continue reading “ICAI Releases Exposure Draft on Consequential Provisions for Non-compliance With CPE Hours From 2024 Onward”

Blog, News, Income Tax

December 20, 2023

Sec. 12AA Registration Can’t Be Denied Merely on Ground That Trust Was Formed to Comply With CSR Requirements | ITAT

Case Details: Santosh Foundation v. … Continue reading “Sec. 12AA Registration Can’t Be Denied Merely on Ground That Trust Was Formed to Comply With CSR Requirements | ITAT”

Blog, News, Income Tax

December 20, 2023

CBDT Notifies “POWERGRID Infrastructure Investment Trust” As Prescribed Mode of Investment u/s 11(5)

Notification No. 103/2023, dated 18-12-2023 … Continue reading “CBDT Notifies “POWERGRID Infrastructure Investment Trust” As Prescribed Mode of Investment u/s 11(5)”

Blog, News, GST & Customs

December 20, 2023

Ex-parte Order Passed Without Granting an Opportunity of Personal Hearing to Assessee to Be Set Aside | HC

Case Details: Kuehne Nagel (P.) … Continue reading “Ex-parte Order Passed Without Granting an Opportunity of Personal Hearing to Assessee to Be Set Aside | HC”

News, Blog, GST & Customs

December 20, 2023

Assessee Can’t Be Penalized for Non-constitution of Tribunal, Demand of 50% Amount Unjustified Being Not Its Fault | HC

Case Details: Shree Agrawal Enterprises … Continue reading “Assessee Can’t Be Penalized for Non-constitution of Tribunal, Demand of 50% Amount Unjustified Being Not Its Fault | HC”