As the name suggest IFRS is a globally recognised set of standards that enable best accounting/ reporting practices and is ...

Refund should not be credited to the Electronic Credit Ledger of a taxpayer whose business is no longer operational; Calcutta ...

Long-Term Capital Gains (LTGC): Gains from selling REITs unit held for more than one year are taxed at 10% ( for gains up to ...

The standard lock-in period for a PPF account is 15 years from the end of the financial year in which the initial deposit is ...

The Competition Commission of India (‘Commission’/ CCI) is empowered to inquire into such anti-competitive agreements, and to ...

In conclusion, the ITAT found no “sufficient cause” for the 690-day delay in filing the appeal. The tribunal dismissed BPS ...

NCLAT Chennai held that delayed filing of scheme of compromise u/s. 230 of the Companies Act cannot be condoned since there ...

It is advised that the name of “North East Small Finance Bank Limited” has been changed to “slice Small Finance Bank Limited” ...

One of the key considerations is checking the CSR of insurance companies. The ratio indicates the number of claims settled ...

The Supreme Court of India has overturned a High Court decision, affirming the validity of a clause in an appointment letter issued by Vijaya Bank. The clause required an employee, Prashant B ...

This Writ Petition has been filed seeking issuance of Writ of Mandamus, to direct the 2 nd respondent to refund the amount, which was paid towards the tax for the respective assessment years along ...

Held that where department had accepted the re-payment of loans in the subsequent year, no addition was to be made in the current year on account of cash credit. Respectfully following the same, the ...