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Archive: September, 2022

Posts in September, 2022

Order cannot be recalled on basis of overruling of earlier Judgment: NCLAT

September 7, 2022 3114 Views 0 comment Print

NCLAT held that Order passed by the Adjudicating Authority cannot be recalled on basis of overruling of the earlier Judgment. Otherwise, the litigation would never come to an end.

RERA Audit 2022

September 7, 2022 18887 Views 0 comment Print

Unlock insights into RERA Audit 2022 – The Real Estate (Regulation and Development) Act’s transformative impact, key provisions, and the mandatory Annual Audit of Accounts for compliance. Understand the legislative framework, responsibilities, documentation, challenges, and best practices. Stay informed to navigate the complex landscape of the real estate industry.

Case study on Leasing/Renting of Photocopying machine in GST

September 7, 2022 11364 Views 1 comment Print

Explore a comprehensive case study on the leasing/renting of photocopying machines in GST. Understand the nature of the supply, document requirements, inter-state invoicing, relevant HSN code, tax rates, and eligibility for Input Tax Credit. Stay informed for compliance.

Corporate Social Responsibility (CSR) – Section 135 Companies Act, 2013

September 7, 2022 15675 Views 0 comment Print

Explore the concept of Corporate Social Responsibility (CSR) under Section 135 of the Companies Act, 2013. Learn how organizations can make a positive impact on society and the environment.

Piyush Goyal asks CAs all over the world to be ambassadors of Brand India

September 7, 2022 834 Views 0 comment Print

Shri Goyal asks Chartered Accountants all over the world to be ambassadors of Brand India Asks Chartered Accountancy firms in India to develop global partnerships and become international firms Asks Chartered accountants to always do justice to the immense legacy of trust, honesty and high standards left behind by their predecessors Calls upon ICAI to […]

Arbitral award cannot sustain in absence of proper reasoning & evidences

September 7, 2022 3396 Views 0 comment Print

Calcutta High Court have allowed appeal under Section 34 of the Arbitration and Conciliation Act, 1996 on the issue that the arbitrator has not furnished any arithmetical basis or any documentary evidence to support the claim awarded to the respondent as Reasons are the links between the materials on which certain conclusions are based and the actual conclusions.

Concessional duty benefit cannot be denied on goods meant for use in rotor of windmills for notional billing to customer

September 7, 2022 1581 Views 0 comment Print

Nordex India Private Limited Vs Commissioner of Customs (Madras High Court) Conclusion: Where the goods imported at concessional rate and meant for use in rotor of windmills were used in the manufacture of Wind Operated Electricity Generators at the site of the customer and imported parts invoiced to customer by importer and then installation taken […]

Writ Jurisdiction cannot be invoked to challenge Section 13(2) SARFAESI Notice

September 7, 2022 6954 Views 0 comment Print

In present facts of the case, the Hon’ble High Court while dismissing the Writ Petition under Article 226 held that Notice issued by Bank under Section 13(2) of the SARFAESI Act, 2002 cannot be challenged by invoking Writ jurisdiction as effective alternate remedy has been provided under Section 17 of the Act.

Procedure for Change in Registered Office in Same State & ROC but outside City

September 7, 2022 1278 Views 0 comment Print

Step-by-step procedure for changing the registered office of a company within the same state but outside the city. See how to get board approval and conduct a shareholder meeting.

Desh Hubs: Are We Ready To Plug In

September 7, 2022 3171 Views 0 comment Print

Understanding the controversy surrounding India’s export promotion schemes in WTO: a closer look at the SEZ scheme and its alleged export contingent subsidies.

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