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Archive: 11 November 2024

Posts in 11 November 2024

SEBI Master Circular for Issue of Capital and Disclosure Requirements

November 11, 2024 4128 Views 0 comment Print

SEBI issues updated Master Circular for ICDR Regulations, consolidating directions till September 30, 2024, with a chapter-wise compliance framework.

SEBI Updates Master Circular for LODR Compliance

November 11, 2024 4107 Views 0 comment Print

SEBI issues updated Master Circular for LODR Regulations, consolidating compliance provisions for listed entities, stock exchanges, and other stakeholders.

Transferring part of building for managing threshold limit for levy of luxury tax is tax evasion

November 11, 2024 597 Views 0 comment Print

Kerala High Court held that transferring 1st floor of the building to wife for reducing limit below prescribed threshold limit for levy of luxury tax is tax evasion and not tax planning. Hence, petition dismissed.

Addition u/s. 68 based solely on statement provided by third party unwarranted: ITAT Mumbai

November 11, 2024 1848 Views 0 comment Print

The assessee company is engaged in business of manufacturing and has filed the return of income for the assessment year 2012-13 on 27/09/2012 disclosing a total income of Rs.1,21,67,790/- and the return of income was processed u/sec. 143(1) of the Act.

Analysis of Notifications & Circulars for Week ending 10th November 2024

November 11, 2024 6624 Views 0 comment Print

Review of recent notifications and circulars for Income Tax, GST, SEBI, and IBBI from November 4-10, 2024, covering updated policies, SC rulings, and advisories.

Environmental laws and its effective implementation

November 11, 2024 1059 Views 0 comment Print

Explore the effectiveness of India’s environmental laws, the role of judiciary, regulatory agencies, and the challenges faced in enforcement and public participation.

Revamp of Income Tax Act 1961: Key Updates for Taxpayers

November 11, 2024 3546 Views 0 comment Print

Learn about the planned overhaul of India’s Income Tax Act 1961, set to simplify and modernize tax laws by 2025, aiming for clarity, reduced litigation, and ease of compliance.

Obscenity Laws in India: Historical Context, Key Cases & Challenges

November 11, 2024 2769 Views 0 comment Print

Explore India’s obscenity laws, their historical context, key cases, and how they balance societal values with individual freedoms.

Bulldozer Justice Simply Unacceptable in A Civilised System: SC

November 11, 2024 894 Views 0 comment Print

SC condemns bulldozer justice in UP demolitions, ruling that demolitions must follow due legal process and awarding compensation to the petitioner.

Non-Executive Director Remuneration: What Shareholders Should Know

November 11, 2024 5625 Views 0 comment Print

Explore governance concerns on non-executive director pay, including skewed compensation, lack of caps, and transparency issues for better shareholder awareness.

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