The amendment widens FTM eligibility to more company structures and adds procedural clarity. It streamlines mergers but retains some compliance challenges.
Explains how recent tribunal decisions shaped the rules for selling corporate debtors as going concerns, highlighting compliance, clean-slate protection and process discipline.
Breaks down India’s modern FDI framework, highlighting sectoral liberalization, reporting requirements and the compliance discipline needed for risk-free investment.
Learn when and how sellers of overseas tour packages must collect TCS from buyers, including exemptions, applicable rates, and threshold limits.
Understand the SFT system, reporting requirements, due dates, and penalties under Section 285BA for high-value financial transactions recorded during the year.
The Delhi High Court ruled that the Lokpal cannot order an investigation against public servants without affording a hearing, quashing prior orders for procedural non-compliance under Section 20(3) of the Lokpal Act.
Learn the scope, time limits, and procedure for correcting mistakes apparent from records under Section 154, including appeal restrictions and rectification rules.
The Tripartite Agreement Trap: When Banks Lose Financial Creditor Status in Real Estate Insolvency This case memo discussed the ruling of the Hon’ble NCLAT Principal Bench, New Delhi, in the matter of UCO Bank v. Debashish Nanda, RP Bulland Buildtech Pvt. Ltd., [Company Appeal (AT) (Insolvency) No. 465 of 2024], where the Court held that […]
Explains how the Court ruled that IGST on ocean freight under RCM was illegally collected and must be refunded with interest. Key takeaway: the government cannot retain money collected without authority.
Explains how GST notices arise from transaction mismatches while Income Tax notices stem from income discrepancies and AIS/TIS data. Highlights the importance of timely responses and accurate reconciliation to avoid penalties.
