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Archive: May, 2024

Posts in May, 2024

TRAI Guidelines on Unsolicited Commercial Communications for Insurers – IRDAI Circular

May 28, 2024 594 Views 0 comment Print

Understand the recent TRAI guidelines on Unsolicited Commercial Communications (UCC) compliance for insurers issued by IRDAI. Learn about regulations, numbering series, registration requirements, and more.

Section 153D approval for 43 cases in a single day – Assessment order held to be illegal 

May 28, 2024 1248 Views 0 comment Print

Delhi HC ruled on PCIT vs Shiv Kumar Nayyar, addressing the validity of Section 153D approvals in tax assessments. Explore the detailed analysis and judgment.

Requisite Documents Must Accompany SCN in IBC Proceedings: Delhi HC

May 28, 2024 270 Views 0 comment Print

Delhi High Court rules parties in IBC proceedings must receive requisite documents forming basis of SCNs. Detailed analysis of Shantanu Prakash vs. State Bank of India & Ors. case.

Religious Bodies Exempt from Service Tax on Renting Immovable Property Pre-01.07.2012

May 28, 2024 264 Views 0 comment Print

Religious body not liable to pay service tax prior to 01.07.2012 on renting of immovable property: CESTAT Chennai: Church of South India Trust Association Vs Commissioner of CGST & Central Excise (CESTAT Chennai)

Mere Omission of Date Doesn’t Invalidate Bankers Book Evidence Act Certificate: NCLT Chandigarh

May 28, 2024 177 Views 0 comment Print

NCLT determined that the certificate under the Bankers Book Evidence Act, 1891, despite lacking a date, was valid as it was duly signed. They emphasized that the omission of the date did not invalidate the certificate.

RBI launches PRAVAAH Portal for streamlining some regulatory approvals for individuals & entities

May 28, 2024 1464 Views 0 comment Print

Discover the RBI’s new PRAVAAH portal, streamlining regulatory approvals. Apply online seamlessly with key features. Track your application status easily!

NPA declaration date served as valid “Date of Default” under IBC: NCLAT Delhi

May 28, 2024 429 Views 0 comment Print

“In the Milind Kashiram Jadhav vs. State Bank of India case, NCLAT Delhi examines if loan recall notice or NPA declaration determines default date under IBC Code.”

GST Appeal Shouldn’t Be Dismissed Solely for Late Certified Copy Submission

May 28, 2024 555 Views 0 comment Print

Read about the dismissal of Enkay Polymers’ appeal by the Allahabad High Court due to non-filing of a certified copy of the order within the time limit, and the subsequent quashing of the order with directions for a re-hearing.

Section 197 Certificate for Income Tax deduction at lower rate

May 28, 2024 6519 Views 1 comment Print

Learn about Section 197 of the Income Tax Act, which allows for certificates for deduction at a lower rate. Explore eligibility, application process, and validity criteria.

Companies Act, 2013: Provisions Based on Company Type & Size

May 28, 2024 8859 Views 0 comment Print

Understand the nuanced applicability of key provisions of the Companies Act, 2013 based on company type, size, and operations. Explore exemptions and obligations for various entities.

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