ICSI has decided to launch the UDIN Amnesty Scheme, 2023 effective from July 21, 2023 to July 31, 2023 with a view to facilitate the Members.
In a significant ruling, the Calcutta High Court held that a less than a day delay in the expiry of an E-way bill due to reasons beyond control is excusable, setting aside penalties in the case of Ashok Mishra Vs State of West Bengal & Ors.
Elevate corporate governance with insights into Committees under the Companies Act, 2013. Explore the significance, importance, and applicability of key committees like Audit Committee, Nomination & Remuneration Committee, Stakeholder Relationship Committee, Corporate Social Responsibility Committee, and Vigil Mechanism. Stay informed to strengthen your company’s governance framework.
Unlock the complexity of Indian Accounting Standards (Ind AS) with our simplified overview. Learn the applicability, principles, and key standards, including Presentation of Financial Statements, Inventories, Statement of Cash Flows, and more. Stay compliant and elevate financial reporting in India.
Explore the process of Voluntary Strike off for Limited Liability Partnerships (LLPs). Understand the advantages, reasons, and step-by-step guide for a smooth closure. Discover the prerequisites, compliance, and aftermath of filing Form-24. Benefit from a quick and compliance-free route to dissolve an inactive LLP, avoiding fines and liabilities.
Learn about Benami properties, their definition, motive, and legal implications. Explore examples of Benami transactions and the consequences for Benamidars and Beneficial Owners.
Dive into the legal challenge against Section 69 of CGST Act. Sri Vikram Chaudhary vs. Union of India. Arrest, confession, and constitutional arguments explored.
ITAT has held in the case of Meera Anirudha Mirgunde Vs ITO that when there is no variation in the returned and assessable income, penalty under section 271(1)(c) of the Income Tax Act is not leviable.
India’s Supreme Court orders the conclusion of a decade-old case involving CENVAT credit demand within eight weeks. Learn more about the historic ruling of Commissioner vs Swati Menthol and Allied Chemicals Ltd.
In S.P. Paper Packaging Pvt Ltd Vs Union of India, the Calcutta High Court rules that the writ jurisdiction cannot be invoked for a second rectification application under section 154 of the Income Tax Act, 1961, as the order is appealable.