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Archive: 04 June 2024

Posts in 04 June 2024

Dematerialization of Securities: Process and Liaisoning with RTA

June 4, 2024 3144 Views 0 comment Print

Learn about the dematerialization of securities, its process, and the role of RTAs in streamlining share trading and ownership. Essential guide for investors.

IRDAI advised Fast-Track Cyclone Remal Claim Settlements

June 4, 2024 429 Views 0 comment Print

IRDAI advises insurers to expedite Cyclone Remal claims. Mobilize resources, engage surveyors, and ensure quick settlements to aid affected policyholders.

Delhi HC Modifies GST Registration Cancellation Date to SCN Date

June 4, 2024 1197 Views 0 comment Print

Delhi High Court modified the retrospectively canceled GST registration of Chehak Fashions to the date of the SCN issued by the GST department.

Excise Law: Option once exercised for a financial year, cannot be withdrawn midway

June 4, 2024 717 Views 0 comment Print

Analysis of Raman Ispat Pvt Ltd Vs Cce Meerut case from Allahabad High Court. Once opted, excise duty payment method for a financial year cannot be changed midway.

Assessment orders against non-existent Companies/entities are invalid

June 4, 2024 1614 Views 0 comment Print

Tribunal upheld the appellate order and dismissed the appeals filed by the Assessing Officer, as the assessment orders against the non-existent company were not sustainable.

Extension of Payment Time in Resolution Plan not constitute plan modification

June 4, 2024 783 Views 0 comment Print

Analysis of Ashok Dattatray Atre Vs State Bank of India case by NCLAT Delhi. Learn about time extension in payment under IBC and its implications on resolution plans.

Delhi HC Allows Response Filing, Orders GST Portal Reopening

June 4, 2024 627 Views 0 comment Print

Delhi High Court grants relief to Umang Realtech, allowing response filing for GST Show Cause Notice, citing portal navigation issues. Analysis and judgment summary provided.

CSR Expenditure’s Mandatory Nature Doesn’t Justify Section 80G Disallowance

June 4, 2024 4386 Views 0 comment Print

Explore crucial rulings in case of Interglobe Technology Quotient Pvt Ltd vs ACIT (ITAT Delhi) regarding CSR expenditure disallowance and TDS credit allowance, along with detailed analysis.

Bank Documents for Asset Reconstruction Exempt from Stamp Duty under SARFAESI Act

June 4, 2024 915 Views 0 comment Print

Legal analysis of SARFAESI Act: Exemption from stamp duty for documents favoring asset reconstruction. Case: Assets Care Vs Ankit Metal (NCLT Kolkata).

Procedural flaws & absence of detailed reasoning: Delhi HC Restores GST Registration

June 4, 2024 543 Views 0 comment Print

Delhi HC restores GST registration, citing procedural flaws in cancellation order. Detailed reasoning absent, order quashed.

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