Income Tax : Explore key court rulings on reassessment under Section 148 post-2021 amendments, covering procedural changes, taxpayer rights, an...
Finance : Explore the complexities of India's central-state taxation conflicts, fiscal policies, and solutions to improve tax allocation and...
Income Tax : The Supreme Court upholds TOLA, validating extended income tax reassessment timelines despite previous High Court rulings on Secti...
Corporate Law : Explore the complexities of moonlighting under Indian labor laws, its implications, and the perspectives of various sectors on dua...
SEBI : Explore how aligning ESG compliance with SDGs can bridge gaps in corporate sustainability, ensuring a holistic approach to environ...
Income Tax : Explore Income Tax Day 2024s history, significance, and key updates from Budget 2024-25, including enhanced deductions and revised...
CA, CS, CMA : Explore the challenges faced by Charitable Trusts due to delays or errors in submitting applications under Section 12A(1)(ac) of t...
Finance : Interim Budget Session 2024 sees high productivity with 12 Bills passed, Lok Sabha and Rajya Sabha exceeding performance targets....
Corporate Law : Stay vigilant against COVID-19 surge! Centre issues advisory to states, emphasizing vigilance, district-wise monitoring, and incre...
CA, CS, CMA : Join free BoS Live Learning Classes by ICAI for CA Final & Intermediate courses appearing in May 2024 exams. Get expert guidance a...
Income Tax : ITAT Pune cancels penalty imposed on Balbir Kaur Birdie for non-compliance with tax notices, citing reasonable cause due to COVID-...
Income Tax : ITAT Rajkot allows a 107-day delay in filing an appeal due to the assessee’s health issues and Covid-19, remanding the case to t...
Income Tax : ITAT Lucknow directs CIT(A) to reconsider limitation issue in Bharat Shetty’s case, factoring in COVID-19 period for a fresh dec...
Income Tax : ITAT Ahmedabad held that provisions of Sick Industrial Companies Act [SICA] would override the provisions of Income Tax Act. Thus,...
Goods and Services Tax : Patna High Court rules on extension of limitation for GST assessment orders in Barhonia Engicon Pvt Ltd case, addressing pandemic-...
Income Tax : For claiming exemption Section 54 to 54 GB of the Act, for which last date falls between 01st April. 2021 to 28th February, 2022 m...
Company Law : After the Covid-19 pandemic no Company Secretary from far of places shown interest to come and join in a hospital business as the ...
Income Tax : CBDT specifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased ide N...
Income Tax : Clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961 provides that any sum...
Income Tax : CBDT specifies Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment vide Notification No...
In the midst of the staggering effect of Coronavirus in short (COVID-19) life is changing drastically so is the capacity of organizations to work in their rented spaces. In spite of the fact that the lockdown which is going on now is the main conceivable approach to control the spread of the infection which has […]
Relief Measures Under Employees State Insurance Act 1948 (ESIC) For Covid-19 Pandemic Employees State Insurance Corporation (ESIC) has given the following reliefs to the employees covered under the ESI Act for the Covid-19 Pandemic. 1. Whether Covid-19 sickness covered under ESI? ESIC has not specifically come up with notification stating whether treatment for Covid-19 is […]
In re Problems and Miseries of Migrant Labourers (Supreme Court) We take suo motu cognizance of problems and miseries of migrant labourers who had been stranded in different parts of the country. The newspaper reports and the media reports have been continuously showing the unfortuanate and miserable conditions of migrant labourers walking on-foot and cycles […]
Disclosure of material impact of Covid 19 on Listed entities under SEBI (LODR) 2015 Reason: 1. Lockdown and disruption is unforeseen and beyond the control of the 2. Such even can lead to distortions in the market due to gaps in information available about the operations of a listed entity. Purpose: 1. It is important […]
In the light of covid-19 pandemic, the whole country is in lockdown from 24 March 2020. Due to Corona virus pandemic, economy is in very danger zone, all factories, malls & shops are closed and over the coming month jobs are at high risk because firms are looking for some reduction in manpower.
As the impact of Covid 19 deepens and the cost of the outbreak rises, the outbreak has been termed as pandemic by the World Health Organisation and various Governments including Government of India. Social distancing has been unequivocally accepted to be the best way to contain its spread, leading to announcement of complete lockdown in […]
This article is a humble attempt from a layman’s perspective, that has been penned during the lock down times to discuss on the economic conditions and circumstances that may prevail post lockdown in India and its possible consequences on employment & business in general. In the recent past, few months there has been a sharp […]
Amid wide spread novel corona virus pandemic, the Government of India introduced a new phase of Ease of Doing Business Reforms relating to easy registration of property, fast disposal of commercial disputes and simpler tax regime for making India one of the easiest, speedy and reliable economy to do business under Atmanirbhar Bharat Abhiyan with […]
It doesn’t take more than a brief scan of the news to see the devastating impact of coronavirus (COVID-19). The fallout that the virus can and will take on human life is paramount. But beyond the toll this has taken on public health and safety, businesses around the world are also wrestling with how susceptible […]
Uncertainty and it’s impact on the control environment Covid-19 brought in uncertainty. Working under the disruptively changed period of Uncertainty should drive you to review your Internal Controls. As we head into the Audit sessions for FY 19-20, Finance teams need to provide their Audit Committees, Boards and the Statutory Auditors comfort that their company […]
