Explore latest amendments to Insolvency and Bankruptcy Board of India (IBBI) regulations for Insolvency Resolution Process for Corporate Persons in 2023.
Read about latest amendments to IBBI regulations regarding Model Bye-Laws and Governing Boards for Insolvency Professional Agencies in 2023.
Explore crucial issues in income tax practices, including Section 44AD, TDS obligations, LTCG exemptions, cash deposits, and tax deductions under Section 80G in India.
Delve into the intricacies of Section 43B of the Income Tax Act, a crucial provision impacting deductions in MSME payments. Explore the proposed amendment in the Union Budget 2023 and its implications. Understand the critical points, definitions, and payment timelines outlined in the MSMED Act, 2006. Stay informed to optimize deductions, ensure compliance, and navigate the evolving landscape of income tax calculations. Learn how businesses can align financial planning and tax strategies with the latest legislative changes for maximum benefit.
Learn how to pass an ordinary resolution to reclassify a promoter or promoter group as public shareholders in compliance with SEBI regulations.
Explore concept of confiscatory taxation, its judicial perspective, and how it affects individuals and businesses. Discover key cases and insights into this controversial tax issue.
ITAT Delhi held that addition under section 68 towards unexplained income unsustainable as AO failed to consider leased land while assessing the agricultural income.
ITAT Mumbai held that damage on account of right to sue is a capital receipt and accordingly not chargeable to tax.
CESTAT Chandigarh held that the registration of the premises is not a pre-condition for availment of cenvat credit and thereof consequently the refund.
Allahabad High Court held that a departmental inquiry against government servant is not to be treated as a casual exercise and accordingly suspension of Assistant Commissioner of State Tax without merit is liable to be quashed.
