Bombay High Court ruling states that capital gain tax is not applicable on the transfer of shares as a gift. Detailed analysis and judgment explanation provided.
Explore the strategic advantages, tax implications, and legal insights into slump sales, a key method of business transfer. Understand its nuances for successful corporate restructuring.
Learn about Non-Banking Financial Corporations (NBFCs) in India, their regulation by the Reserve Bank, types, criteria, and important issues.
जानें जीएसटी और आयकर एक्ट में नकद संव्यवहार के नियम और प्रावधान। कितनी धनराशि के लिए टैक्स इनवॉइस जारी किया जा सकता है? पढ़ें और समझें।
Read about HUDA Urban Estates challenge against the modification of the GST Act’s definition of ‘person.’ Punjab and Haryana High Court issues notice and stays show cause notice.
ITAT referred to principle that expenses are allowable in year of crystallization of their liability, even if they relate to an earlier period. It held that expenses crystallized in current assessment year are deductible, regardless of when they were incurred.
Gujarat High Court held that Notified Area Authority, Vapi, did not meet criteria to be classified as a local authority or governmental authority so not allowed for
Explore a detailed analysis of an RTI appeal before the Executive Director of the Insolvency and Bankruptcy Board of India. Understand the scope, limitations, and outcomes.
Bombay High Court grants petition, orders JCIT to provide copy of exemption certificate under Section 12A of Income Tax Act to Sai Baba Sewa Mandal.
The Securities and Exchange Board of India (SEBI) issues a Master Circular to consolidate various circulars and directions for Custodians. This circular aims to provide stakeholders with easy access to all applicable requirements specified in previous circulars. It covers regulations, compliance requirements, and operational guidelines for Custodians in the securities market. Chapter I: Online Registration […]
