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Archive: 26 November 2023

Posts in 26 November 2023

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 16, 2024 3867 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 14, 2024 3501 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!

Insider Trades in Companies Shares Not Induced by UPSI – Rigor of PIT Regulation 2015

November 26, 2023 1053 Views 0 comment Print

Dive into the Shreehas P Tambe vs. SEBI case, exploring insider trading regulations, violations, legalities, and the significant SAT decision.

Role of Registered Valuers under the Companies Act

November 26, 2023 2130 Views 0 comment Print

Accurate valuation of assets, liabilities, and networth as mandated by Companies Act of 2013 requires Registered Valuers. Learn about their vital role and qualifications.

Understanding the Significance of India’s Forex Reserves

November 26, 2023 1527 Views 0 comment Print

Learn why India’s Forex Reserves are a crucial asset for economic health and growth. Understand how the four components of the Foreign Exchange Reserves influence market movements. A guide to RBI’s data on Forex Reserves.

Notification dated 29.01.2020 revoking MEIS benefit retrospectively is unsustainable

November 26, 2023 759 Views 0 comment Print

Delhi High Court held that the notification dated 29th January 2020, retrospectively revoking the benefit under the Merchandise Exports from India Scheme (MEIS) in respect of Flexible Intermediate Bulk Container bags, with effect from 7th March 2019, is unjustified and unsustainable in law.

ITAT Deletes Addition of share capital & premium: AO Fails to Cite Investments Outside Books

November 26, 2023 1113 Views 0 comment Print

Explore the detailed analysis of the ITO Vs. Direct Trading Co. case at ITAT Delhi, focusing on unexplained share capital, share premium, and investment additions.

Bombay HC quashes Reassessment against Non-Existent Entity with Active PAN

November 26, 2023 2646 Views 0 comment Print

Learn about Bombay High Court’s Quashing of Reassessment notice by the Tax Department against a non-existent entity with an active PAN in this AY 2016-17 and AY 2017-18 case study.

Rule 9 of Central Excise Valuation Rules not applicable if Goods Sold to Both Related & Independent Buyers

November 26, 2023 522 Views 0 comment Print

Jai Ba Metals Vs CCE (CESTAT Chandigarh) – Rule 9 will not be applicable When the goods are sold to related persons as well as to independent buyers 

Supplier Non-Response Doesn’t Invalidate Appellant’s Pulping Machine Ownership

November 26, 2023 252 Views 0 comment Print

Mere lack of supplier response won’t invalidate appellant’s Kraft Paper production. Find out more about this CESTAT Ahmedabad order in this blog post!

HC Grants Anticipatory Bail in Case of ₹6.04 Crores Loss to State Exchequer

November 26, 2023 684 Views 0 comment Print

Explore the case of Madhur Marwah seeking anticipatory bail in a forgery case. Analysis of legal arguments, charges, and court’s decision by Allahabad High Court.

Role of Regulatory Bodies and Intermediaries in Insolvency Proceedings

November 26, 2023 1353 Views 0 comment Print

Discover how regulatory bodies & intermediaries play a key role in insolvency proceedings. Learn the importance of compliance and economic stability in avoiding financial distress!

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