Sun Pharmaceutical Industries Limited and its Directors penalized for failure to disclose Director’s shareholding in other Companies in Form DIR 12 Name of the Company: Sun Pharmaceutical Industries Limited Order Date: 28/04/2023 ROC: Gujrat, Dadra & Nagar Haveli Violation: Section 170 (2) of the Companies Act, 2013 read with Rule 18 of the Companies (Appointment […]
Explore the dark side of the fast fashion industry, revealing labor malpractices and environmental degradation. Learn how this trend impacts workers, fuels exploitation, and contributes to pollution. Discover the need for regulatory measures, ethical supply chains, and sustainable alternatives in the pursuit of a more responsible fashion industry.
Current article focuses on absence of documentation and registration of employees, mostly made up of the informal class of workers, who are known as the invisible labour workforce since they cannot be discovered to be recognised as being legally employed.
ACIT Vs Jila Sahakari Kendriya Bank (ITAT Indore) Provision for Standard Assets Allowable under Section 36(1)(viia) of Income Tax Act, 1961
When you sell a property in India, you may be liable to pay TDS (Tax Deducted at Source) on the sale proceeds. The applicable TDS rate for the sale of property is 1% of the sale consideration for transactions where the sale value exceeds Rs. 50 lakhs.
TO WHOM SO EVER IT MAY CONCERN In compliance with the requirements of Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019, issued by the Ministry of Corporate Affairs vide notification dated January 22, 2019, all Companies who gets supplies from Micro and Small Enterprise (MSME) and whose payments […]
Delhi High court held that in case there is supply or deemed supply of goods and rendering service, the same will fall within the ambit of works contract service regardless of whether or not VAT or service tax is payable.
Calcutta High Court held that warehousing agency namely CWC (Central Warehousing Corporation) is statutorily entitled to demand and collect rent for the storage on the date when goods were entrusted to the custody of CWC.
ITAT Delhi held that as per partnership deep, partners shall be entitled to interest on their loan accounts with the firm at the prescribed rates, hence disallowance of the same is unjustified.
Special procedure will be applicable to the cases wherein application for revocation of cancellation of registration is being filed during the period from 1st April 2023 to 30th June 2023.
