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Archive: 18 April 2024

Posts in 18 April 2024

Copyright assignment contracts in perpetuity: Court Judgments & Interpretations

April 18, 2024 510 Views 0 comment Print

Understand the nuances of copyright assignment contracts in perpetuity as interpreted by various court judgments, including implications and considerations for parties involved.

Disallowance of Business Expenses by AO: A Glaring Instance of Unfair Logic

April 18, 2024 858 Views 0 comment Print

Explore the illogical disallowance of business expenses by assessing authorities, the burden on taxpayers, and the questionable logic behind such actions.

RBI Designates State Bank of India as Lead Bank for New Assam District

April 18, 2024 348 Views 0 comment Print

Discover how RBI assigns lead bank responsibilities for Tamulpur, the new district in Assam, impacting financial outreach. Details inside!

Partial modification to IBBI’s 2023 circular on liquidators’ fees

April 18, 2024 591 Views 0 comment Print

Learn about the partial modification to IBBIs 2023 circular on liquidators’ fees. Analysis of changes and their impact on insolvency professionals.

Government Ends Safeguard Measures on Isopropyl Alcohol Imports

April 18, 2024 309 Views 0 comment Print

Learn about the discontinuation of safeguard measures on Isopropyl Alcohol imports by the Government of India. Details in Trade Notice No.02/2024-25-DGFT.

Simple Ways to Get Mobile Loan Online From Hero FinCorp

April 18, 2024 363 Views 0 comment Print

Nowadays, mobile phones have transitioned from mere accessories to indispensable tools connecting us to the world. With affordable internet access, online shopping, banking, and e-learning are now conveniently accessible through smartphones

Non-filing of Financial Statement for 3 Years: MCA Imposes Penalty

April 18, 2024 972 Views 0 comment Print

Learn how non-filing of financial statements for 3 years led to penalties by MCA for a Bihar company. Detailed analysis, implications, and appeals process included.

Jharkhand HC Rules on Placement Agency Responsibilities & Monetary Loss to JSBCL

April 18, 2024 468 Views 0 comment Print

The case of Urmila International Services Private Limited versus Jharkhand State Beverages Corporation Limited shed light on the obligations of placement agencies and the circumstances under which they can be held accountable for monetary losses incurred by JSBCL.

Assessment void if section 143(2) jurisdictional notice was issued beyond prescribed time limit

April 18, 2024 4080 Views 0 comment Print

Read about the case of Aark Infosoft Pvt. Ltd. vs. ACIT (ITAT Ahmedabad) where the assessment was deemed void due to a delayed Section 143(2) notice.

ITAT Upholds PCIT’s Decision on Erroneous Assessment Orders and Inadequate Inquiries in Tax Evasion Case

April 18, 2024 594 Views 0 comment Print

ITAT upholds PCIT’s decision on erroneous assessment orders in tax evasion case. Changela’s appeals dismissed as inadequate inquiries led to erroneous orders.

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