Read about the latest amendment to Foreign Exchange Management (Deposit) Regulations by RBI in 2024. Learn about opening interest-bearing accounts for derivative contracts.
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.
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.
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.
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.
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.
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.
ITAT found that the original Form 35A was filed within the stipulated time and ruled that the correction made thereafter should not be considered late.
Analysis of Kundal Raghubir Bhandari Vs ITO (ITAT Mumbai) case reveals flaws in assessment based on unverified third-party statements. Learn more about this significant legal ruling.
Kerala High Court issues directions on Nidhi Companies’ status, highlighting concerns over recent amendments, financial regulations, and operational challenges. Read the detailed analysis here.
