Calcutta High Court held that petitioner not put to notice in respect of addition made under section 69A of the Income Tax Act as notice was issued making addition u/s. 68. Accordingly, the same is violative of principles of natural justice.
Gauhati High Court held that once the assessment order of the authorities are set aside and matter is remanded back and on assessment, no taxable due was found, no interest can be levied.
SEBI adjudicates insider trading case against Shalimar Paints Limited for failing to identify and manage UPSI during fund-raising activities. Read the full findings.
Learn about UDIN guidelines by ICSI for CS services like audits, certifications, and reports. Get insights on mandatory UDIN generation and its importance.
IFSCA Circular IFSCA-PLNP/40/2024 outlines new guidelines for Credit Rating Agencies in the IFSC, following SEBI’s latest regulations. Effective immediately.
RBI releases draft circular on Basel III LCR, proposing new haircuts on HQLA and revised run-off rates for certain deposits. Stakeholder feedback invited by Aug 31, 2024.
Explore the common obligations of listed entities under SEBI (LODR) Regulations, 2015, including compliance, officer duties, share transfer, and grievance redressal.
Learn the accounting treatment for derecognition, retirement, and disposal of PPE under AS 10, including recognition, measurement, and journal entry examples.
SEBIs new amendment to the Prohibition of Insider Trading Regulations 2022 will come into force on November 1, 2024, enhancing regulatory compliance and transparency.
Learn about corrections with revised TDS returns. Understand errors, correction types, and filing processes to ensure accurate TDS returns. Avoid penalties and fines.
