Claim of Resolution Professional that he will invite Expression of Interest project wise is not feasible as same is against provisions of IBC 2016.
nce the assessee has initially deposited TDS and furnished Statement in Form 26QB within time, but committed a technical error while depositing TDS resulting in non-grant of TDS to transferor, compelling it to again deposit TDS along-with interest for late deposit, then, in the interests of justice and considering the fact that no loss is caused to the Revenue, the assessee cannot be saddled with levy of late filing fee u/s 234E
Admissibility of house rent allowances on rent paid to spouse & parents- Threadbare analysis of the chain of events Synopsys to the article: (1) Introduction to the legal framework (2) ITAT rulings and it’s consequential legal implications (3) Key takeaways have been drawn from above cited judicial pronouncements (1) Introduction to the legal framework: House […]
As you are aware that discharge of contract by performance refers to fulfilment of the contract by performance of all the obligations in terms of the original contract, discharge by ‘accord and satisfaction’ refers to the contract being discharged by reason of performance of certain substituted obligations. The agreement by which the original obligation is […]
Overseas Direct Investment Rules | Regulation and Compliance Requirements 1. Important Definition Direct Investments: Direct investment outside India means investments, either under the Automatic Route or the Approval Route, by way of contribution to the capital or subscription to the Memorandum of a foreign entity or by way of purchase of existing shares of a […]
Suresh Balkrishna Jajra Vs Union of India (Rajasthan High Court) This petition has been filed by the petitioner seeking direction of exemption from personal appearance pursuant to summons issued to the petitioner under Section 70 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as ‘the Act of 2017’) issued by Respondent […]