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Archive: July, 2023

Posts in July, 2023

Representation on Glitches in Income Tax Portal: Non-display of notices

July 24, 2023 13761 Views 0 comment Print

Karnataka State Chartered Accountants Association addresses technical glitches in the ‘e-proceedings’ tab of the IT portal regarding non-display of recent notices.

Issue of Summons by Income-tax Authorities

July 24, 2023 12501 Views 0 comment Print

Explore the intricacies of summons issued by Income-tax Authorities under Section 131 of the Income-tax Act. Learn about the authorities empowered to issue summons, their powers, and the specific purposes for which summons can be issued. Understand the importance of recording reasons, compliance, representation, and the nuances surrounding the presence of lawyers during summons. Stay informed about the legal aspects to ensure due process and minimize unnecessary litigations.

Easy Ways to Choose the Best Free Online Demat and Trading Account

July 24, 2023 888 Views 0 comment Print

As per the rules notified by the Securities and Exchange Board of India (SEBI), it is mandatory to have a Demat account in order to trade in Indian securities. Apart from regulatory compliance, you must opt for a Demat account for the numerous benefits that it offers.

Matter remanded for fresh re-consideration as cross-examination of key witnesses not allowed

July 24, 2023 936 Views 0 comment Print

CESTAT Chandigarh remanded the matter to the Adjudicating Authority for a fresh re-consideration as cross-examination to key witnesses was not allowed.

Bail application rejection for non-satisfying twin conditions u/s 45 of PMLA, 2002

July 24, 2023 1332 Views 0 comment Print

Chhattisgarh High Court held that bail application filed u/s. 439 of Cr.P.C. rejected as the applicant is unable to satisfy twin conditions for the grant of bail under Section 45 of the PMLA, 2002.

Person summoned u/s 69 of CGST Act, 2017 cannot invoke section 438 of Code of Criminal Procedure

July 24, 2023 4191 Views 0 comment Print

Supreme Court held that any person summoned under Section 69 of the CGST Act, 2017 for the purpose of recording the statements cannot invoke Section 438 of the Code of Criminal Procedure. The respondent should sought recourse by filing criminal application under Article 226 of the Constitution of India.

Civic CVC: Empowering Secure Identity Verification on the Blockchain

July 24, 2023 645 Views 0 comment Print

Explore Civic CVC, a blockchain-based identity verification platform offering enhanced security and user control. Learn how Civic CVC revolutionizes identity management, ensuring secure transactions in finance, healthcare, and e-commerce. Discover the decentralized approach, global accessibility, and real-world applications, paving the way for a more secure digital identity ecosystem. Dive into the innovative features and benefits of Civic CVC, reshaping the future of blockchain-based identity verification.

Calcutta HC Sets Aside Section 148A(d) Order – Violation of Natural Justice

July 24, 2023 5121 Views 0 comment Print

Calcutta High Court’s ruling in Sushil Jaiswal Vs Union of India – order under Section 148A(d) set aside due to denial of personal hearing violating principles of natural justice.

Draft CSR Impact Assessment Report – Key Highlights Included

July 24, 2023 3612 Views 0 comment Print

CSR Impact Assessment Report provides insights into [Company Name]’s social, environmental, and economic initiatives, measuring their impact and identifying opportunities for improvement.

Procedure for Buy Back of Shares by a Private Limited Company: Documents & Limits

July 24, 2023 16089 Views 1 comment Print

Procedure For Buy Back of Shares By A Private Company, With List of Related Documents to Be Prepared- Buyback of shares is a crucial process for private companies looking to repurchase their own shares from shareholders. This article provides a comprehensive guide to the procedure involved in a buyback, along with the necessary documents and […]

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