Month: September 2022
883 articlesCustom Duty

Custom Duty
Penalty u/s 112(a) imposed on customs broker as importer of undeclared/ undervalued goods not traceable
Corporate Law

Corporate Law
Novation of MOU with execution of Supplemental Agreement cannot decided U/s. 11 of Arbitration Act
Company Law

Company Law
Company IPO – Due Diligence and Filling
Corporate Law

Corporate Law
Basics of Gratuity
Excise Duty

Excise Duty
Excise Duty: Losses up to 1% allowed without detailed Scrutiny
Income Tax

Income Tax
Write-off of Advances after closure of books not allowable
Excise Duty

Excise Duty
CESTAT allows CENVAT credit on MS items used for fabricating & installing plant
Service Tax

Service Tax
Taxable services rendered for transmission of electricity are exempt
Corporate Law

Corporate Law
Tax Concessions Disputes are Not Arbitrable: SC
Corporate Law

Corporate Law
Breach of Settlement Agreement terms Not A Ground to Trigger CIRP
Income Tax

Income Tax
No addition u/s 41(1) in absence of Evidence of Remission or Cessation of Liability
Fema / RBI

Fema / RBI
RBI has power to regulate Payment Aggregators vis a vis Payment and Settlement Systems Act, 2007: HC
Income Tax

Income Tax
Capital gain cannot be taxed till property gets actually transferred as per agreement
Goods and Services Tax

Goods and Services Tax
