Discover the recent ruling by the Delhi High Court quashing time-barred reassessment proceedings for escaped income below the mandatory monetary threshold.
In an order dated 22nd June 2023, the Insolvency and Bankruptcy Board of India (IBBI) dismissed the appeal filed by Debasish Ghosh, a registered valuer. This verdict upheld Ghosh’s suspension based on various violations of the Companies (Registered Valuers and Valuation) Rules, 2017, primarily related to his lack of transparency and specificity in the valuation […]
IBBI upheld the suspension, asserting the comprehensiveness of initial order and contraventions of the Valuation Rules in Mr. Maity’s work.
A comprehensive review of the case National Building Construction Corporation Limited vs Commissioner of Central Excise & Service Tax, exploring the impact of the correct classification under Section 65(105)(zzd) for construction contracts.
Analyzing the recent ITAT Delhi verdict in the Inter Globe Air Transport Vs ACIT case, highlighting the re-adjudication directive due to improper verification under Section 154 of the Income Tax Act.
Analysis of a significant case – Manohar Lal Sarraf and Sons Pvt Ltd Vs Pr. CIT, where ITAT Delhi overturned a revision order under Section 263 of the Income Tax Act due to lack of jurisdiction. Dive into the details of the ruling
CESTAT Mumbai’s decision, clarifying role of Revenue in filing revise applications under Section 35EE of Excise Act, in the case of Mail Order Solutions (I) Ltd.
Ind AS 1, also known as the Indian Accounting Standard 1, is a crucial accounting standard that sets out the guidelines for the presentation of financial statements in India.
The Harshad Mehta Scam of 1992 is one of the most important financial frauds in Indian stock market history. Harshad Mehta, a stockbroker from Mumbai, took advantage of many flaws in the Indian banking and stock market systems to manipulate stock prices and profit massively.
Explore the transformative amendments in SEBI’s LODR regulations with our in-depth analysis. From immediate compliance changes to enhanced cybersecurity reporting and shareholder rights, stay informed for effective adaptation. Dive into the details now.
