Delhi High Court held that preference to Chartered Accountants over Cost Accountants for the post of Director (Finance) cannot be treated as arbitrary or violative of the Article 14 and 16 of the Constitution of India.
ITAT Mumbai held that disallowance of employee stock option expenses alleging it to be capital expenditure is unsustainable in law in as much as such expenditure are revenue in nature and hence allowable.
Learn about the challenges faced by directors in receiving OTP for filing DIR-3 KYC and the urgent need for resolution. Read more.
Get answers to frequently asked questions (FAQs) about the IFSCA Sustainable and Sustainability-linked Lending Framework. Learn about its applicability, requirements, and more.
IFSCA establishes a Fund Management Advisory Committee (FMAC) under Mr. N S Vishwanathan’s chairmanship to advise on fund management industry development in IFSCs.
ITAT Mumbai held that entire assessment order passed in the case of non-existing entity is null and void and hence is liable to be quashed.
Explore GST implications for selling developed plots and providing development services, as discussed in AAAR Telangana order. Learn about taxation, rates, and more.
Explore GST implications of incentive schemes with a focus on a recent case involving Orient Cement Limited. Learn about tax obligations and more.
ACIT Vs Vahanvati Consultants Private Limited (Supreme Court of India) The Supreme Court of India has recently made a disposition in the case of ACIT (Assistant Commissioner of Income Tax) v. Vahanvati Consultants Private Limited. The court’s decision has specific implications for the parties involved, and this article will provide an overview of the case […]
Applicant inquired about time of supply for work executed from September 2010 to June 2017. Ruling clarified that the time of supply is date on which consideration or payment is received.
