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One Nation One Ombudsman: RBI Integrated Ombudsman Scheme, 2021

June 27, 2022 7206 Views 0 comment Print

The Reserve Bank of India introduced Integrated Ombudsman Scheme, 2021 on 12th November, 2021. This scheme amalgamates the existing three Ombudsman schemes of RBI namely, (i) the Banking Ombudsman Scheme, 2006; (ii) the Ombudsman Scheme for Non-Banking Financial Companies, 2018; and (iii) the Ombudsman Scheme for Digital Transactions, 2019. The Scheme, framed by the Reserve Bank […]

Cash transactions and it’s consequences

June 26, 2022 2055 Views 0 comment Print

Dive into the consequences of cash transactions under the Income Tax Act. Unveil violations, TDS implications, and disallowed expenses. Understand the intricacies to stay tax-compliant.

Tax savings from Home loans – Analysis of section 24(b), 80EE, 80EEA & 80C

June 26, 2022 5223 Views 0 comment Print

Unlock tax savings with home loans! Dive into deductions under sections 24(b), 80EE, 80EEA & 80C. Krishna and Radha’s conversation simplifies conditions and benefits. Maximize your tax benefits now!

Whether CBDT Instruction Dated 11.05.2022 Is Legally Correct?

June 26, 2022 16023 Views 0 comment Print

Analysis of CBDT Instruction dated 11.05.2022 on the validity of notices issued under section 148 for AY 2013-14, 2014-15, 2016-17, and 2017-18 after 31/03/2021. Uncover legal perspectives and implications.

Brief Synopsis | Board of Director | LODR | Companies Act, 2013

June 26, 2022 1095 Views 0 comment Print

Understand the requirements of the Companies Act, 2013 for board of directors. Learn about the composition, committees, and responsibilities of the board.

Insolvency & Bankruptcy Processes soon may become costly

June 26, 2022 5826 Views 1 comment Print

Learn about the Insolvency and Bankruptcy Board of India and its role in implementing the Insolvency and Bankruptcy Code, promoting entrepreneurship and balancing the interests of stakeholders.

Know all about Authorised Representative under IBC, 2016

June 25, 2022 10146 Views 0 comment Print

The amendment introduced in the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 promulgated on 6 June 2018. Vide this amendment new concept has been introduced i.e. appointment of Authorised Representative for ‘class of creditors’.

A Bare Knuckle Truth About The Aviation Industry!

June 25, 2022 3192 Views 0 comment Print

A bare knuckle truth about the aviation industry is that globally, the airports and airlines struggle between balancing the impact of aviation on environment and customer satisfaction.

Admissibility of Social Media Messages as Evidence before Court of Law

June 25, 2022 15903 Views 0 comment Print

In this era where cyber space and digital environment has became one inextricable factor, the nature of evidence related to any case is also evolving to be digital.

Rate of Stamp duty on Shares and Debentures

June 25, 2022 4842 Views 0 comment Print

Understand the new provisions of the Indian Stamp Act and Finance Act regarding the rate of stamp duty on shares and debentures.

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