Kerala High Court held that a secured creditor, under Section 26E of the SARFAESI Act and Section 31B of the RDB Act, obtains priority over the right claimed by the Revenue both in proceeding against the properties in question or in recovering the secured debt.
ITAT Delhi held that cost to cost reimbursement on account of secondment of employees cannot be treated as Fees for Technical Services (FTS) as defined under Article 12 of India USA-Double Tax Avoidance Agreement (DTAA).
NCLAT Delhi held that the settlement entered into by KNCEL (Kiratpur Ner Chowk Expressway Limited) and NHAI (National Highways Authority of India) for foreclosure of the Concession Agreement relating to Kiratpur – Ner Chowk Project under the MoRTH Guidelines is in accordance with the approved Resolution Framework
NCLAT Chennai held that there is `no Law’, which specifically envisages that unless, the `Legal Representatives’, become `Members’ of a `Company’, the `Legal Representatives’, of the `Deceased’, shall not become a `Party’, to the `Proceedings’, under Section 241 and 242 of the Companies Act, 2013.
This handbook aims to provide general guidance on the scheme of Advance Rulings under the Indian Income-tax Act, 1961 (the Act). In addition to law and procedure relating to this scheme, relevant provisions of the Act and the Income-tax Rules, 1962 (the Rules), statutory forms, notifications issued by the Central Board of Direct Taxes and other orders etc. of the Government of India have also been included.
Clarification provides the level of authority of various documents issued by ICAI e.g. Accounting Standards, Auditing Standards, Guidance Notes on Accounting, Guidance Notes on Auditing.
Stay updated on Services under Reverse Charge Mechanism (RCM) with the latest table till 21-08-2023. Explore categories, suppliers, and recipients per Notification No. 13/2017.
Unlock insights into Actuarial Valuation in Employee Benefits (AS 15 & Ind AS 19). Join the YouTube Live event on August 27, 2023, 11:00 am – 1:00 pm. Register now!
Understand agriculture income tax rules. Learn about exemptions, deductions, documents required, and taxation on agricultural earnings.
Companies Act, 2013 requires companies and its officials to ensure that all its official publications and official communications must have certain disclosures as are prescribed by the Act. It includes disclosures on its letterhead, disclosures on website of company, disclosures which must form part of director’s report etc.,
