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Archive: 06 May 2024

Posts in 06 May 2024

Foreign Exchange Management (Deposit) (Fourth Amendment) Regulations, 2024

May 6, 2024 735 Views 0 comment Print

Read about the latest amendment to Foreign Exchange Management (Deposit) Regulations by RBI in 2024. Learn about opening interest-bearing accounts for derivative contracts.

Amount received towards Interconnectivity Utility charges from Indian Customers was not taxable as Royalty

May 6, 2024 429 Views 0 comment Print

Assessee was incorporated in Japan and was in the business of providing telecommunication services. Assessee provided fixed, mobile, wholesale, and associated telecommunication services across the globe.

No addition u/s 68 as assessee had not benefited from Round-Tripping of Share Transactions

May 6, 2024 606 Views 0 comment Print

Assessee had issued share application money and subsequently allotted shares which showed that the transactions were genuine and there was no material brought on record by tax authorities that the assessee had benefited from round-tripping, therefore, ITAT had deleted the addition made u/s 68.

Which Tata Steals the Show? Punch vs Tiago Face-off Revealed!

May 6, 2024 627 Views 0 comment Print

Discover the ultimate showdown between Tata Punch and Tiago! From pricing to safety features, find out which model steals the show in this detailed comparison.

Upholding Deemed Conveyance Rights amidst Legal Battles

May 6, 2024 2628 Views 0 comment Print

Article explains legal landscape surrounding deemed conveyance rights in Maharashtra, including provisions, recent court rulings, and case analyses. Learn about implications for flat buyers and housing societies.

Guide to Strike-off a Nidhi Company: Process, Prerequisites & Documents

May 6, 2024 687 Views 0 comment Print

Learn how to close a Nidhi Company due to non-compliance or voluntary decision. Explore the applicable provisions, prerequisites, process, and essential documents required for strike-off.

MSME Samadhan Scheme: Delayed Payment Monitoring Scheme

May 6, 2024 2571 Views 0 comment Print

Explore the MSME Samadhan Scheme, facilitating prompt payment recovery for Micro, Small, and Medium Enterprises (MSMEs), its eligibility, process, and effectiveness. Delve into comparisons with the Insolvency & Bankruptcy Code, 2016.

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