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...
HR Department of Company may consider to issue necessary Temporary Advisory/Directions for its Employees while resuming their operations Post Covid-19 As the Ministry of Home Affairs, in pursuance of its order No. 40-3/2020-DM-I (A) dated 1st May, 2020, has issued new guidelines, effective from 04.05.2020, allowing, subject to the conditions, various activities. In order to […]
We all know that this lockdown has been hard on all of us, but it has been the hardest for women who are the primary victims of domestic violence. Aggrieved women are currently trapped with their abusers and their violent partners, with no escape. Violence against women has seen an exponential surge across the world during the lockdown.
Given that at the time of writing this, no cure has been developed for COVID-19 and a suitable vaccine still in development, this note analyses whether lockdown of business (Complete or Partial) might have been the best way to handle the crisis. While we are always wise in hindsight, given that we are still living through the pain inflicted by COVID, the key points, this note is deliberating are still relevant.
Sneak peek into india’s latest fdi policy Unanticipated outbreak of the global pandemic and nationwide- lockdown caused by the Novel Coronavirus (COVID-19) has jeopardized individuals and economy as a whole. In order to abate the impact on the general public, business establishments, and managing the current situations, the Government of India is diligently tracking all possible routes through which situation can […]
The securities market regulator SEBI has recently proposed a consultation paper for stressed listed entities to solve liquidity/fundraising problems as they are facing problems due to COVID-19 pandemic, hence in view of this SEBI proposed some certain relaxations which are Briefed below write-up. INTRODUCTION: In respect of these situations prevailing in existing market, Securities and […]
COVID spurs Manufacturing exodus from China: India ceases opportunity with EMC 2.0 Global turmoil and break with the past 27 April, 2020 may be a historic day for Wuhan, China, the epicentre for Global Coronavirus Pandemic to have discharged its last COVID-19 patient but things are utterly gloomy in rest of the world. United States, […]
MHA issues SOPs for movement of Indian Nationals stranded outside the country, as well as, for those persons stranded in India who are desirous to travel abroad for urgent reasons Union Ministry of Home Affairs (MHA), on 01.05.2020, issued an Order and respective guidelines under the Disaster Management Act, 2005, to extend the lockdown for […]
Impact on Infrastructure Sector Q 1. What is the impact of the pandemic Covid-19 and the 21 day lockdown on the Infrastructure Sector in India? Ans: Due to the pandemic Covid-19, the Infrastructure Sector and the projects have been stopped until further orders and have been on a standstill in lieu of the directions of […]
While many people are talking about the impact of Corona Virus on the economy, GDP, running of businesses, taxation frameworks, etc, but are silent about changes that need to be incorporated in working style of Chartered Accountants especially those who are doing practice solely or in partnerships with small teams. All disruptions, be it is […]
Green Zones Districts with zero confirmed cases till date or no confirmed case in the last 21 days Red Zones Districts identified taking into account the total number of active cases, doubling rate of confirmed cases, extent of testing & surveillance feedback from the districts Orange Zones Those districts, which are neither defined as Red […]
