Kerala High Court held that discrepancy in quantity in the documents is sufficient for department to suspect the evasion of tax. Accordingly, initiation of proceedings u/s 130 of CGST/ SGST valid.
ITAT Mumbai held that disallowance alleging that the hedging transactions in non-cleared securities are illegal are unsustainable in law
Jharkhand High Court held that unadjusted TDS amount under Jharkhand Value Added Tax Act is allowed to be migrated under Jharkhand Goods and Services Tax Act, 2017.
Gujarat High Court held that order passed cancelling GST registration without mentioning the reason for said cancellation is non-speaking and cryptic in nature.
Anticipate the Budget 2023 with expectations for relaxations in compliance requirements under the Income Tax Act and empowering SEBI to question companies with inflated IPO offer prices. Stay tuned for the last full budget of the current government term.
Explore the series on remuneration paid to directors of public listed companies, covering executive and non-executive directors. Uncover additional compliances and precautions for payments, including SEBI (Listing Obligations and Disclosure Requirements) Regulations, shareholder approvals, and scrutiny by Proxy Advisory firms. Stay informed on the evolving landscape of director remuneration in the corporate world.
held that the assessee cannot be penalised by demanding late fee where, assessee had not filed GST returns due to cancellation of GST Registration on factually incorrect grounds.
MCA Notification dated 21.01.2022 contains a list of notifications issued by the Ministry of Corporate Affairs during 2023 for making amendments to the provision of the Companies Act 2013 and Rules made thereunder. Amendment to Companies (Incorporation) Rule, 2014: The following forms are covered in the recent amendment: SPICe+ PART A, SPICe+ PART B, INC-4, […]
A Fixed Deposit(FD) is a type of deposit account of any individual with the bank, wherein, the amount deposited by the customer is kept for a fixed tenure or period and the bank pays a fixed interest rate on the sum deposited. Fixed Deposit can not only provide you good returns but can also come […]
Section 185(1) of Companies Act 2013 primarily deals with the subject; Person to whom Company cannot give loan/ guarantee/ security. It basically covers individuals and firms: It states that, A Company shall not, directly or indirectly, advance any loan (including book debt) or give any guarantee or provide any security in connection with any loan […]
