New Delhi Municipal Council Vs Minosha India Limited (Supreme Court) Facts- The foremost question which falls for determination is that whether Section 60(6) of the IBC gives rise to a new lease of life to a proceeding at the instance of the corporate debtor on the basis of a moratorium which is put in place […]
A. Johnkuma Vs DCIT (ITAT Chennai) Facts- The assessee, a Proprietor of M/s. A.Johnkumar Cost Price Shop and M/s.Johnkumar Real Agency, is engaged in the business of running a Departmental Store and real estate business respectively. A search and seizure operation was conducted u/s.132 of the Act, on 17.09.2016. During the course of search, a […]
Bhaskar Banerjee Vs CBI (Calcutta High Court) Facts- Mr. Partha Das Chowdhury and Smt. Baisali Mukherjee, two directors of Emotions Infomedia Private Limited, applied for cash credit loan facility before Opposite Party no.2/ Bank. The petitioner an empanelled advocate of IDBI Bank/ Opposite Party no.2. prepared a favorable Search Report on the basis of two […]
Uncover the impact of fake invoices and fraudulent input tax credit under GST. Discover how this issue can damage the economy in the long run.
Learn about the provisions of passing resolutions through postal ballots as per company law provisions. Understand the process and requirements for conducting secure and efficient voting.
Before, the Finance Bill, 2022, the income earned from cryptocurrencies was taxable either under the head of ‘Income from Capital Gains’ or Income from Other Sources’ for a person who was dealing in cryptocurrency for the purpose of investment and under the head of ‘Income from Business/Profession’ for a person who was engaged in the trading of the same.
Learn about Nidhi Company and its role as a Non-Banking Financial Corporation (NBFC) under the Companies Act, 2013.
CBIC-DIN-20220552200000959530 ARREST MEMO (To be prepared in duplicate) [under Section 69 of the Central Goods and Services Tax Act, 2017] Whereas, the Principal Commissioner/Commissioner. Meenu Kumarr has reasons to believe that you, Shri Sunil Mahalawat, Chartered Accountant, age about 29 years, son/ daughter of Shri Shri Rajender Singh, and address Village & Post- Jharsa, Patti […]
A Cost sheet be mandatorily be maintained by members of CA Institute while responding to tenders and accepting the professional work based thereupon, incorporating details of the costs being incurred therein having regard to number of persons involved, hours to be spent, etc., so that the same may be called for by the Institute for perusal.
The Hon’ble Supreme Court considered whether NOIDA, the Appellant (i.e. Lessor) who has acquired land for the purposes of setting a residential township is a Financial Creditor (FC) of the Corporate Debtor (CD) under the Insolvency and Bankruptcy Code, 2016 (Code).
