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Archive: 11 August 2022

Posts in 11 August 2022

One Nation One Housing Policy – Concept Notices

August 11, 2022 1986 Views 0 comment Print

Explore the concept of One Nation One Housing Policy and its significance in promoting equal access to housing and land ownership.

Who is proper authority for disallowing debit of electronic credit ledger under Rule 86A of the CGST Rules, 2017? 

August 11, 2022 1845 Views 0 comment Print

Understanding Rule 86A of CGST Rules, 2017: Who has the authority to disallow debit of electronic credit ledger?

Intertwining CCI’s New Confidentiality Rule with Data Privacy of Digital Markets

August 11, 2022 1113 Views 0 comment Print

Presently, we find several episodes of Anti-Competitive practices in the digital space. The existing Competition Law has been empowered to put technology and data induced variables for the assessment purpose to basically ascertain the market share of the alleged digital company. Such an Assessment is required to proceed further with the investigation of an anti-competitive matter.

Determination of Tax & Demand with Relevant Forms under GST

August 11, 2022 4044 Views 0 comment Print

Get a comprehensive analysis of tax determination and demand under the CGST Act, 2017. Learn about the relevant forms and sections involved in determining tax liability.

Director KYC and filing of form DIR-3 KYC

August 11, 2022 5586 Views 0 comment Print

Learn about the importance of Director KYC and filing Form DIR-3 KYC. Ensure compliance and avoid penalties with this yearly requirement.

Short Comments on Calcutta High Court Order In Swati Bajaj & Ors Vs PCIT

August 11, 2022 3339 Views 0 comment Print

Analyzing the errors and shortcomings in the Calcutta High Court order of Swati Bajaj vs PCIT. A critical review on the penny stock controversy and its impact on black money.

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2022

August 11, 2022 756 Views 0 comment Print

These Regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2022.

Provisions of section 143A of NI Act are directory not Mandatory

August 11, 2022 64554 Views 0 comment Print

Ashwin Ashokrao Karokar Vs Laxmikant Govind Joshi (Bombay High Court) Held that the provisions of section 143-A of the Negotiable Instruments Act, 1881 are directory and not mandatory as a discretion was conferred upon the Court, to either grant or not to grant interim compensation. Facts- The respondent/Complainant filed proceedings u/s. 138 of NI Act, […]

Transfer of Income Tax File without opportunity of hearing: HC grants interim relief

August 11, 2022 156 Views 0 comment Print

Golden Goenka Commerce Pvt. Ltd Vs PCIT (Calcutta High Court) By these writ petitions, petitioners have challenged the impugned orders of transfer of petitioners’ income tax file from Kolkata to Lucknow under Section 127(2) of the Income Tax Act, 1961. It is the case of the petitioner that before passing the impugned order of transfer […]

RBI clarifies on Bilateral Netting of Qualified Financial Contracts

August 11, 2022 1110 Views 0 comment Print

the exemption for foreign exchange (except gold) contracts which have an original maturity of 14 calendar days or less shall be applicable to entities calculating the counterparty credit risk under Original Exposure Method without taking the benefit of bilateral netting.

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