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Archive: 05 November 2020

Posts in 05 November 2020

YES MEANS YES BUT NO MEANS NO

November 5, 2020 3570 Views 0 comment Print

Recently, the country was gripped with controversy surrounding the due parliamentary procedures to be followed for passing of the Farm bills and Labour bills in the Upper House of the Parliament.

Taxation of Capital Gains on Sale of Equity Shares- FAQs

November 5, 2020 98004 Views 6 comments Print

Taxation of Capital Gains on Sale of Equity Shares [SECTION 112A] TAX ON LONG TERM CAPITAL GAINS ON CERTAIN ASSETS  Q.1 What type of assets are covered? Ans:  an equity share in a company or a unit of an equity oriented fund or Q.2 What is the rate of tax under this section? Ans: A […]

HC upheld constitutional validity of Regulation 7A of IP Regulations

November 5, 2020 1113 Views 0 comment Print

V. Venkata Sivakumar Vs IBBI (Madras High Court) In this writ petition, the Petitioner challenges the constitutional validity of Regulation 7A of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 (the IP Regulations) read with Bye-Law 12A of the Insolvency and Bankruptcy Board of India (IBBI) (Model Bye-Laws and Governing Board of […]

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