A practical two-day GSTAT workshop equips professionals with drafting, presentation, and procedural skills to excel in GST appellate practice.
The Tripartite Agreement Trap: When Banks Lose Financial Creditor Status in Real Estate Insolvency This case memo discussed the ruling of the Hon’ble NCLAT Principal Bench, New Delhi, in the matter of UCO Bank v. Debashish Nanda, RP Bulland Buildtech Pvt. Ltd., [Company Appeal (AT) (Insolvency) No. 465 of 2024], where the Court held that […]
Explains how the Court ruled that IGST on ocean freight under RCM was illegally collected and must be refunded with interest. Key takeaway: the government cannot retain money collected without authority.
Explains how GST notices arise from transaction mismatches while Income Tax notices stem from income discrepancies and AIS/TIS data. Highlights the importance of timely responses and accurate reconciliation to avoid penalties.
This article clarifies whether filing an ITR is necessary even without tax liability. It explains the major non-tax benefits and legal requirements of submitting an income tax return, including loan applications and loss carry-forward.
Explains how recent Supreme Court and NCLAT rulings now treat valuation as a quasi-judicial process, requiring strict methodology, independence and defensible documentation.
Explains SEBI’s 2025 reforms enabling AIFs to use CIV schemes instead of CPMs, reducing compliance duplication and simplifying co-investment execution.
Explains the statutory process for creating, registering and satisfying charges, including timelines, forms and the consequences of non-registration.
This case addressed the scope of judicial interference under the Arbitration Act regarding the interest awarded in a commercial dispute. The Court found no perversity in the Arbitrator’s decision to award the contractual 24% rate, rejecting the borrower’s claims under the outdated Usurious Loans Act, 1918. The ruling emphasizes that the Arbitration Act framework overrides State usury laws for NBFC lending and bars courts from reopening contractual rates.
Explains how FEMA permits NRIs and OCIs to invest in partnership firms, the conditions for repatriation, prohibited sectors, and mandatory compliance requirements.
Breaks down the RBI’s decision allowing silver as collateral, the LTV structure, and borrower protections under the new secured lending framework.
