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Archive: December, 2023

Posts in December, 2023

Financial Market Infrastructures (PFMIs) Principle Implementation by SEBI

December 19, 2023 1017 Views 0 comment Print

Explore SEBI’s Circular on Principles of Financial Market Infrastructures (PFMIs). Understand how the implementation ensures safety, efficiency, and transparency in India’s financial markets.

Independent Directors’ Appointment Default: MCA imposes Rs. 9.75 Lakh penalty

December 19, 2023 16557 Views 0 comment Print

Explore the adjudication order against KHED DEVELOPERS LIMITED by the Office of the Registrar of Companies, Maharashtra. Penalties imposed for violations under the Companies Act, 2013.

Delay in Appointment of Whole-Time CS: MCA Imposes Rs. 17.25 Penalty

December 19, 2023 1557 Views 0 comment Print

Explore the adjudication order by MCA imposing a penalty of Rs. 17.25 lakhs on KHED DEVELOPERS LIMITED for delay in appointing a Whole-Time Company Secretary. Detailed analysis and implications.

E-commerce Business in India – A Comprehensive Guide

December 19, 2023 3165 Views 0 comment Print

Explore complexities of E-commerce in India, covering business registration, FDI laws, and compliance. A comprehensive guide for navigating dynamic landscape.

E-Way Bill System: FAQs, Compliance and Impact in India

December 19, 2023 4632 Views 1 comment Print

Explore FAQs on E-Way Bill in India, covering its impact on GST, compliance, common issues, validity, and more. Learn about the role of E-Way Bill in modernizing tax systems.

Impact of GST on mobile phone manufacturing in India

December 19, 2023 2157 Views 0 comment Print

Explore the influence of ‘Make in India’ on GST for mobile phones. Learn about revenue boost, reduced import dependency, industry growth, job creation, and economic resilience.

Taxability of Salary credited to Indian account for Non-resident

December 19, 2023 9721 Views 0 comment Print

Article explains tax implications for non-residents receiving salary in an Indian account. Legal clarifications, case analyses, and conclusion on tax liability for overseas earned income.

Income-tax (Twenty-Ninth Amendment) Rules, 2023

December 19, 2023 4776 Views 0 comment Print

Stay informed on the latest Income Tax Rule changes with Notification No. 104/2023 by the Ministry of Finance. Learn about amendments and their impact.

MP HC Grants Bail to ABVP Students who stole Judge’s Car to Rescue Dying Man

December 19, 2023 3201 Views 0 comment Print

Madhya Pradesh High Court grants bail to Himanshu Shroti & Sukrit Sharma, ABVP students who stole a judge’s car to save a dying man’s life. Analysis of the judgment and its impact on humanitarian acts.

No addition u/s 69A in absence of ownership of money and evidence concerning cash

December 19, 2023 7770 Views 0 comment Print

Addition under section 69A on account of actual cash arranged/paid by assessee to HKA was available with the assessee was not justified as “ownership” of money had not been recorded in the books of account and AO had made only presumption that the said cash was ‘available with the assessee’ without bringing on record any material in support thereof.

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