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Archive: 12 August 2023

Posts in 12 August 2023

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 5142 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 4404 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Section 115BBE needs Relook: Know Misuse, Consequences & Judicial Precedents

August 12, 2023 17853 Views 0 comment Print

Explore the implications of taxation under section 115BBE, including misuse of sections 68 to 69D, consequences of high tax rates, and relevant judicial precedents.

Health & Wellness Celebrity Influencer Guidelines

August 12, 2023 621 Views 0 comment Print

Guidelines for health and wellness celebrities, influencers, and virtual influencers, including disclosure, due diligence, and fact-based information. Learn how to promote responsibly.

Abusive Conduct by Hero FinCorp cannot be alleged if Dominance lacks: CCI

August 12, 2023 867 Views 0 comment Print

The Commission observed that in addition to NBFCs, various financial institutions, including public sector banks and private sector banks, compete to provide loans against property. Given this competition, and the lack of evidence showing Hero FinCorp’s dominance, the Commission concluded that Hero FinCorp was not dominant in the relevant market. As a result, the Commission found no grounds to examine allegations of abusive conduct.

Insufficient evidence to establish competition laws violation by Curefit: CCI

August 12, 2023 606 Views 0 comment Print

Analysis of the Competition Commission of India’s order on the Creed Gym vs Curefit case involving alleged breach of collaboration agreement and competition concerns.

Impact of Minimum Export Prices on Commodities: Analysis

August 12, 2023 654 Views 0 comment Print

Discover how Minimum Export Prices (MEP) influence commodity exports, factors behind MEP imposition, exemptions, and maintaining balance between producers and exporters.

Clarification on Recent Income Tax Department SMS: What You Need to Know

August 12, 2023 23118 Views 3 comments Print

In an effort to enhance tax compliance and streamline reporting processes, the Income Tax Department recently sent out an SMS to individuals, addressing concerns related to certain transactions reported in Form 60/61 for the fiscal year 2021-22. The message has sparked queries and curiosity among taxpayers. In response, the Income Tax Department has issued a […]

Universal Account Number (UAN) and KYC: FAQs and Guidelines

August 12, 2023 4656 Views 0 comment Print

Get answers to frequently asked questions about Universal Account Number (UAN) and KYC processes. Learn how to generate UAN, link KYC details, activate UAN, and more. Understand the benefits of UAN and how it simplifies EPF procedures.

Director’s Roles, Powers and Restrictions under Companies Act 2013

August 12, 2023 4326 Views 0 comment Print

Understand roles and responsibilities of directors as defined by section 2(34) of Companies Act 2013. Explore their powers and restrictions under sections 179 and 180, ensuring compliance and ethical conduct.

MCA Restricted Words: Choosing a Company Name in Compliance

August 12, 2023 7722 Views 0 comment Print

Discover MCA restricted words for company names in India. Learn about dos and don’ts, naming rules, approvals, and structures. Avoid name rejection with MCA guidelines.

Sanction under S. 19 of Prevention of Corruption Act cannot be challenged until ‘failure of Justice’ is established

August 12, 2023 3714 Views 0 comment Print

In present facts of the case, it was held that Section 19(3) of Prevention of Corruption Act clearly forbids the court in appeal, confirmation or revision, the interference with the order passed by the Special Judge on the ground that the sanction by the government was bad, save and except in cases where the appellate or revisional court finds that the failure of justice had occurred by such invalidity.

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