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Archive: 21 April 2023

Posts in 21 April 2023

Judicial Activism And Labour Welfare

April 21, 2023 13938 Views 0 comment Print

Judicial Activism refers to a judicial philosophy or approach where judges interpret laws and the constitution in a way that goes beyond traditional legal analysis and actively seeks to bring about social changes. In the context of labour law, judicial activism can manifest in judges interpreting labour laws in a way that supports worker’s rights and protections, even if such interpretations go beyond the letter of the law.

Comprehensive Guide to Auditing Property, Plant & Equipment (PPE) in India

April 21, 2023 8778 Views 0 comment Print

Unlock the secrets of auditing Property, Plant & Equipment (PPE) in India with our comprehensive guide. Explore key considerations, evaluation of completeness and accuracy, assessing valuation, testing impairment, disclosure requirements, and the impact of Indian Accounting Standards (Ind AS) 16. Gain insights into reviewing internal controls for a thorough and accurate audit. Stay informed to ensure compliance, accuracy, and adequacy of disclosures related to PPE in your audit process.

Cenvat Credit as per books cannot be rejected without issuing SCN

April 21, 2023 753 Views 0 comment Print

CESTAT held that unless CENVAT Credit availed by the appellant has not been recovered by way of issue of show cause notice invoking Rule 14 of CENVAT Credit Rules, 2004, the CENVAT Credit available on the books of account cannot be rejected when it is accumulated on account of export of Service.

NCLAT cannot condone delay Beyond 15 Days, much Less 45 Days

April 21, 2023 870 Views 0 comment Print

Diwakar Sharma Vs Anand Sonbhadra (NCLAT Delhi) The issue in this case is as to whether the delay caused in filing of the appeal much beyond the period of 45 days can be condoned by NCLAT? Section 61 of Code deals with the Appeals and Appellate Authority. Section 61(1) of IBC, 2016 provides for a […]

HC denies Condonation of delay as Assessee was aware of ITR filing due date

April 21, 2023 810 Views 0 comment Print

Fact that Assessee had filed his ITR for assessment year 2011-12 within time limit proves that Assessee was aware of process of filing ITR.

COVID-19 and Its Effect on Migrant Population in India

April 21, 2023 552 Views 0 comment Print

Explore the socio-psychological effects of migration and the challenges faced by the migrant population in India during the COVID-19 lockdown. Understand the impact on livelihood, healthcare, and mental health, and discover potential solutions to address these issues. Stay informed about the unprecedented crisis and its consequences on the vulnerable sections of the population.

Debate Over Contract Labour in India: Pros and Cons

April 21, 2023 4362 Views 0 comment Print

Contract employees are people who are employed temporarily by an employer to carry out particular responsibilities in accordance with a contract.

Comparative Analysis of Labour Laws In Various Countries

April 21, 2023 7647 Views 0 comment Print

Labour laws have always been a subject of great debate and discussion. These laws are essential in protecting the rights of workers and ensuring their safety and well-being. India, like most other countries, has a set of labour laws in place to protect the rights of workers.

Resolution of issues on MCA21 -V3 Portal

April 21, 2023 2946 Views 0 comment Print

ICSI developed separate google forms to obtain the details of such issues so as to sort them for easy redressal. On the basis of the information received, the same will be communicated to the MCA/LTI for early resolution.

ICAI to cause special audit if objection are raised on its financials: Madras HC

April 21, 2023 11250 Views 0 comment Print

Special Audit of ICAI is to be conducted only in the event of falsehood or irregularity or illegality. In the present case, the petitioner raises several objections with reference to the financial aspects and he states that other members also raised similar objections for conducting Special Audit.

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