Goods and Services Tax : GST limitation periods for issuing notices or completing assessments are mandatory. COVID extensions were for litigants, not tax a...
Corporate Law : This research paper delves into the employment law challenges associated with remote work arrangements in India, exploring the leg...
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...
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 : The Jodhpur ITAT condoned a 30-day delay in filing an income tax appeal after holding that the delay fell within the Supreme Court...
Goods and Services Tax : Dispute on ITC mismatch between returns was remitted after ex-parte order, allowing reconciliation upon 10% pre-deposit. Key takea...
Goods and Services Tax : The Court held that refund rejection on limitation grounds was invalid as authorities failed to consider the Supreme Court’s COV...
Income Tax : ITAT Hyderabad held that the Supreme Court’s COVID-19 limitation extensions apply only to judicial and quasi-judicial proceeding...
Company Law : The Appellate Tribunal upheld dismissal of a CIRP application after finding that the creditor’s own pleadings fixed the default ...
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...
Insider trading is a common phenomenon, known as a transgression wherein, trade of securities of the various companies is taken up by the people, who by righteousness of their work, have access to the contrarily non-public information, which could be considered as an important facet for making decisions on investment
After the fear of real pandemic of Covid-19, the stories of hugely high cost of treatment of corona in private hospitals has created another pandemic of fear amongst almost all the persons specially those who presently do not have any health insurance. In order to help such persons to get at least financially secured against […]
Outbreak of Covid Pandemic has put a lot of challenges in front of us. Apart from Millions of cases and Lacs of Deaths, it is pushing almost every nation towards Economic Slowdown. Economic Slowdown in simple terms be construed as that an economy will not grow the same way it was growing earlier (Will Grow […]
High Court states that by taking into consideration the situation of COVID-19 pandemic, court directed officer to de-freeze the bank account maintained by the petitioner.
The procedure for issuance of export license for sending: samples of PPE Medical Coveralls for COVID-19 is outlined below: I. Export of quantity up to 50 units of ‘PPE medical coveralls for Covid-19’ samples per IEC per country will be allowed.
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref. No:– Date: 21-07-2020 Covid-specific standard health indemnity policy “Corona Kavach” PRESS RELEASE 1. As stipulated by IRDAI, all 30 insurers offering health insurance have started offering Covid-specific standard health indemnity policy called “Corona Kavach” to the public with durations of 3 and a half, 6 and a […]
Permission To Facilitate Service of Summons Through E-Means During Times of Global Pandemic! It’s a known fact that the global pandemic of COVID-19 has brought the world and the economies on a standstill, with the number of patients on an ever-increasing rate. However, considering its importance for stability in the society, the judicial system in India and virtual means […]
Renting of Commercial Property is treated as continuous supply and hence GST is payable on accrual basis. Now the question arises whether the rent is payable for such lockdown period and if yes, what would be the value of supply in case the rent amount is being modified or postponed or waived off .
Reference is invited to the DGFT Notification No. 16 dated 29.06.2020 restricting the export of PPE medical coveralls for COVID-19 and fixing the export quota of 50 Lakh PPE Coverall Units per month. The detailed procedure and criteria for submission of applications for export of PPE medical coveralls was outlined in the Trade Notice No. 17 dated 29.06.2020.
Moratorium of loans ending- Urgent need to extend moratorium or restructure loans The Government had announced Moratorium of loans till 31, 2020 and the deadline is approaching fast. The Government had anticipated that Covid pandemic would end by this time and both business & life would normalise but things have not gone the way as […]
