SEBI issues Circular No. SEBI/HO/IMD/IMD-I – PoD1/P/CIR/2023/126 dated July 26, 2023, outlining resources and arrangements for Mutual Fund Trustees.
Delhi High Court holds that personal hearing must be granted even if the petitioner did not opt for it in GST show cause notices. The court quashes the impugned order and show cause notice, allowing the petition.
Understand the Board & Committee Composition under Companies Act 2013 and SEBI Regulations. Learn about the requirements and roles of each committee.
Explore the applicability of Legal Entity Identifier (LEI) in various financial transactions. Understand how SEBI, RBI, and IRDAI mandates LEI for entities like Debenture Trustees, Asset Reconstruction Companies, Issuers of Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, and non-individual borrowers. Stay informed to comply with regulatory requirements and facilitate seamless financial transactions.
The Delhi High Court has held that reopening of assessment under Section 147 of the Income Tax Act is not valid in the absence of an allegation of failure to disclose material facts.
ITAT Kolkata allows the appeal in H.K. Dutta & Co. Vs. ACIT, deleting the addition made under Section 69 of the Income Tax Act for a gold loan obtained from a partner and recorded in the books.
ITAT Chennai dismisses the revenue’s appeal in Easwari Sukanya Krishnan Vs. ITO, upholding the indexation benefit as per the jurisdictional High Court’s binding judicial precedent.
Read the full text of the judgment/order of Orissa High Court in the case of Dilpreet Singh Chhabra Vs ITO. HC directs re-adjudication due to a medical situation in the family.
Accounting Standards Board has issued Exposure Draft of Supplier Finance Arrangements – Amendments to Ind AS 7 and Ind AS 107 corresponding to Amendments in IAS 12 issued by the IASB.
Accounting Standards Board has issued Exposure Draft of International Tax Reform—Pillar Two Model Rules – Amendments to Ind AS 12 corresponding to Amendments to IAS 12 issued by the IASB.
