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Archive: June, 2024

Posts in June, 2024

Offshore Areas (Existence of Mineral Resources) Rules, 2024

June 9, 2024 279 Views 0 comment Print

Understand the implications of the new Offshore Areas Mineral Rules 2024 announced by the Ministry of Mines in New Delhi. Learn about the rules, definitions, and stages of exploration.

DGGI Officer empowered to issue SCN: Madras HC

June 9, 2024 465 Views 0 comment Print

Read the Madras High Court ruling on Famina Shopping Mall case. Learn why DGGI officer is deemed proper for Show Cause Notice issuance.

From Legal Uncertainty to Clear Guidelines: Judicial Mandate for Karnataka’s Apartment Associations

June 9, 2024 975 Views 0 comment Print

Discover the legal intricacies surrounding apartment owners associations in Karnataka. Learn about registration laws, court rulings, and the critical 1972 Act.

IT New Tax Regime Vs Old – Sec 115BAC

June 9, 2024 3144 Views 0 comment Print

Explore the changes between old and new tax regimes under Sec 115BAC, impacting deductions, exemptions, and filing options. Make informed decisions for your finances.

A Guide to Legal Entity Identifier (LEI) Code

June 9, 2024 774 Views 0 comment Print

Discover the significance of Legal Entity Identifier (LEI) Codes, their registration process, and the benefits they offer in enhancing transparency and reducing risks in global financial transactions.

From Side Hustle to Tax Puzzle: A Freelancer’s Guide to Taxes

June 8, 2024 1299 Views 3 comments Print

Discover the complexities of tax compliance for freelancers and gig workers, from understanding income sources to navigating legal consequences. Learn how to mitigate tax non-compliance and optimize financial management.

Transfer of Unutilized ITC During Demerger: Procedures, Rules & Practical Insights

June 8, 2024 1233 Views 0 comment Print

Learn about the procedures, rules, and practical insights for transferring unutilized Input Tax Credit (ITC) during a demerger under India’s GST regime, as detailed in Circular No. 133/03/2020-GST.

When a Principal is Bound by an Agent’s Acts: Understanding Agency by Estoppel

June 8, 2024 606 Views 0 comment Print

Understanding when a principal is bound by an agent’s acts through agency by estoppel, where the principal’s representations lead a third party to believe in the agent’s authority.

Negative Blocking of Electronic Credit Ledger under Rule 86A GST Act

June 8, 2024 1686 Views 0 comment Print

Delve into the complexities of Rule 86A under the GST Act, exploring its provisions, conditions, and implications for the electronic credit ledger (ECL), and understand the debate surrounding negative blocking.

Decoding Basic Fabric doctrine in Schemes of Merger & Amalgamation

June 8, 2024 708 Views 0 comment Print

Explore the Basic Fabric doctrine in mergers and amalgamations, highlighted by the Zee-Sony merger case and its legal implications. Analysis by Srujan Nirkhee.

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