Ideal Surgicals Vs National Company Law Tribunal (Kerala High Court) The challenge in these original petitions is against the proceedings of the National Company Law Tribunal (NCLT), Kochi Bench. IBC, 2016 is a Single Unified Umbrella Code, covering the entire gamut of the law relating to insolvency resolution of corporate persons and others in a time […]
CBDT vide Notification No. 76/2021-Income Tax | Dated: 2nd July, 2021 amends rule 8AA which relates to Method of determination of period of holding of capital assets in certain cases and added rules related to amount which is chargeable to income-tax as income of specified entity under subsection (4) of section 45 under the head […]
If you’re an aspiring world forex trader, then you’re probably wondering how much capital you need to get started. But that shouldn’t be a grave concern since some brokers allow you to open accounts for free and some, with as low as $5. This kind gesture has enabled people to get started trading, but how efficient is it in your quest to grow an income?
CBDT releases Guidelines under section 194Q of Income-tax Act, 1961 vide Circular No. 13 of 2021 | Dated: 30th June, 2021. Section 194Q takes effect from 1st day of July, 2021. F. No. 370142/26/2021-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *********** Circular No. 13 of 2021 | […]
Bandhua Mukti Morcha Vs Union of India & Ors. (Supreme Court of India) In a Suo Motu Writ Petition, Hon’ble Supreme Court observed that a direction need to be issued to the States/Union Territories to register all establishments and license all contractors under the Inter State Migrant Workers Act, 1979 and ensure that statutory duty […]
Section 2(34) of the Companies Act, 2013 defines director to mean a director appointed to the Board of the Company. Only Individuals can be appointed as Directors in a company. It is not the name by which a person is called but by the position he occupies and the functions and duties that he discharges that determine whether in fact, he is a director or not.
HDFC Bank Limited Vs Government of India (Patna High Court) In the case on hand what is noticeable that the statutory authority under Section 5 of the P.M.L.A., 2002 has not acted in accordance with the provisions of the enactment in question rather acted in defiance of the fundamental principles of judicial procedure and in […]
Friends, along with Doctors Day, Chartered Accountants Day is also celebrated on the 1st of July. A few years ago, I had asked for global level Indian audit firms as a gift from Chartered Accountants of the country. Today I want to remind them of that. Chartered Accountants can play a very worthy and positive role in bringing transparency to the economy. I extend my best wishes to all Chartered Accountants and their family members.
The Government of India, has given provision to link passport to Covid Vaccination certificate for those who have already Vaccinated for Foreign Travellers.
Friends! Something highly peculiar happened today. Twitter denied access to my account for almost an hour on the alleged ground that there was a violation of the Digital Millennium Copyright Act of the USA and subsequently they allowed me to access the account.
