Clipped from: https://www.thehindubusinessline.com/business-laws/acknowledging-a-debt-through-an-entry-in-the-balance-sheet/article66326708.ece Limitation Act is applicable to insolvency code, but more clarity is needed Corporate debtors need to be aware of the implication of every
Category: Legal
House Panel strikes blow for Big Tech regulation – The Hindu BusinessLine*******
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/house-panel-strikes-blow-for-big-tech-regulation/article66304648.ece News publishers could get a fair share of revenues earned by big tech platforms News organisations have long been agitating against ‘abuse’ of
Business laws should be decriminalised – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/business-laws-should-be-decriminalised/article66304933.ece Wealth creators. It is time to dismantle the colonial mindset and treat the business community with dignity Easing business rules is vital for
Insurer liable to reimburse genuine cash payments | Business Standard Column***
Clipped from: https://www.business-standard.com/article/opinion/insurer-liable-to-reimburse-genuine-cash-payments-122122500672_1.html All payments were supported by TDS and GST. Hence, the National Commission concluded that the insurer would have to reimburse these legitimate cash
NCLAT sets aside pleas against CCI’s Rs 873-crore penalty on UBL, other beer makers – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/news/india/nclat-sets-aside-pleas-against-ccis-rs-873-crore-penalty-on-ubl-other-beer-makers/articleshow/96464845.cms Synopsis The Competition Commission of India (CCI) on September 24, 2021, imposed penalties totalling over Rs 873 crore on UBL, Carlsberg India, All
Analysis of Maharashtra AAAR ruling with Regards to Composite Supply In GST*****
Clipped from: https://taxguru.in/goods-and-service-tax/analysis-maharashtra-aaar-ruling-regards-composite-supply-gst.html Analysis of Legal View Given By Maharashtra Appellate Authority For Advance Ruling For Goods And Services Tax With Regards to Composite Supply In
Interest income to co-operative society from investment with co-operative bank is eligible for deduction u/s 80P(2)(d)*******
https://taxguru.in/income-tax/interest-income-co-operative-society-investment-with-co-operative-bank-eligible-deduction-u-s-80p2d.html Clipped from: https://taxguru.in/income-tax/interest-income-co-operative-society-investment-with-co-operative-bank-eligible-deduction-u-s-80p2d.html ITO Vs Mittal Court Premises Co. Op. Society Ltd (ITAT Mumbai) ITAT Mumbai held that the interest income earned by a cooperative
Inadvertent mistake committed while filing return cannot take away rights of assessee
lipped from: https://taxguru.in/income-tax/inadvertent-mistake-committed-filing-return-take-away-rights-assessee.html J. Doshi & Co. Vs ITO (ITAT Rajkot) ITAT Rajkot held that department cannot take away rights of the assessee just by inadvertent
Solitary opportunity of only one day to respond to notice is against principles of natural justice***
Clipped from: https://taxguru.in/income-tax/solitary-opportunity-only-one-day-respond-notice-against-principles-natural-justice.html R.N. Khemka Enterprises Private Ltd. Vs PCIT (ITAT Delhi) ITAT Delhi held that a solitary opportunity of one day to respond to show
Strict rules of evidence as applicable in a criminal trial, are not applicable in motor accident compensation cases: SC
Clipped from: https://taxguru.in/corporate-law/strict-rules-of-evidence-as-applicable-in-a-criminal-trial-are-not-applicable-in-motor-accident-compensation-cases-sc.html Rajwati @Rajjo & Ors. Vs United India Insurance Company Ltd. & Ors. (Supreme Court of India) Conclusion: The Hon’ble Supreme Court held that that
Google dials NCLAT against CCI’s Android order, Rs 1,337-crore fine | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/google-appeals-to-nclat-in-cci-case-122122301000_1.html Says CCI order presents a major setback for its Indian users and businesses who trust Android’s security features Google has appealed to the National
Labour laws don’t permit moonlighting: Govt | The Financial Express
Clipped from: https://www.financialexpress.com/industry/labour-laws-dont-permit-moonlighting-govt/2919898/ The issue of moonlighting by employees gained prominence in recent months after the Covid-19 pandemic and work from home culture. Responding to a
Electronic evidence must be accompanied by Requisite Certificate u/s 36-B(2) of Central Excise Act: Orissa HC
Clipped from: https://www.taxscan.in/electronic-evidence-must-be-accompanied-by-requisite-certificate-u-s-36-b2-of-central-excise-act-orissa-hc/235875/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Electronic%20evidence By Manu Sharma A S – On December 19, 2022 5:16 pm The SIngle Bench of Chief Justice M S Raman of Orissa High Court held
Disciplinary Actions can be initiated against CAs without Written Complaint, ICAI has Suo Motu powers: Delhi HC
Clipped from: https://www.taxscan.in/disciplinary-actions-can-be-initiated-against-cas-without-written-complaint-icai-has-suo-motu-powers-delhi-hc/235032/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=ICAI%20CA By Manu Sharma A S – On December 16, 2022 9:13 pm The Delhi High Court, in an important ruling, has held today that the Institute
Control redefined | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/control-redefined/2918703/ Changes in the Competition Amendment Bill have been prompted by deals in the digital space Hitherto, the CCI has been reviewing mergers, amalgamations
Is the RTI Act fulfilling its purpose? – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/old-is-not-gold-the-hindu-editorial-on-the-return-to-the-old-pension-scheme/article66267860.ece The old pension scheme works as electoral strategy but is imprudent fiscal policy With the freshly minted Chief Minister of Himachal Pradesh, Sukhvinder Singh Sukhu,
Data Protection Bill skimps on details – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/data-protection-bill-skimps-on-details/article66268141.ece In its quest for simplicity, the Bill leaves too much room for speculation on the ultimate form of the regulatory structure The 2019
Why competition compliance pays – The Hindu BusinessLine*******
Clipped from: https://www.thehindubusinessline.com/opinion/why-competition-compliance-pays/article66263595.ece Positive fallouts. It helps avoid legal and regulatory sanctions, leads to improved consumer welfare, and encourages innovation and growth in the market The
Competition Bill: House Panel recommends radical changes – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/economy/competition-bill-house-panel-recommends-radical-changes/article66257812.ece Among the recommendations are that cartels be brought within the settlements ambit, and that CCI undertakes an effects-based test while determining abuse of
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