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  • Article

    Consolidated Show Cause Notice For Multiple Financial Years/tax Periods – Bombay High Court Refers Issue To Its Larger Bench

    The Division Bench of the Bombay High Court has referred to the Larger Bench the question of issuance of consolidated show cause notices by the Revenue department for multiple financial years/tax periods.
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Fostering Growth With Fiscal Prudence

    The Budget adeptly strikes a harmonious balance between the nation's aspirations for growth and the imperative of fiscal prudence.
    IndiaTax
    Ernst & Young
    Ernst & Young
Article

Intimation Under Form DRC-01A Is Mandatory, Notwithstanding Use Of Word ‘may’ In Rule 142(1A)

Observing that statutory provision contained in the principal legislation that is Section 74(5) of the CGST Act, 2017, is mandatory, the Allahabad High Court has held that the use of the word ‘may’ in Rule 142(1A)...
IndiaTax
Lakshmikumaran & Sridharan
Lakshmikumaran & Sridharan
  • Article

    Mumbai Income Tax Appellate Tribunal Rules On Whether Income Of Offshore Discretionary Trust Is Subject To Tax In India

    Should the income of an offshore discretionary trust be subject to tax in India, if no distributions have been made to beneficiaries in India?
    IndiaTax
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Printing Manufacturer’s Name On Packaging To Comply With Statutory Requirements Is Not Use Of Brand Name

    The GSTAT Bench at Thane has dismissed Revenue department’s appeal filed against the appellate authority’s decision allowing exemption under Sl. No. 9 of Notification No. 02/2017-CT(R) to the assessee who was using manufacturer’s name...
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    MoRTH Issues Advisory On The Definition Of 'Contract Carriage' Under The Motor Vehicles Act, 1988

    MoRTH, on January 22, 2024, issued an advisory clarifying that ‘motor cycles' would fall within the ambit of the definition of ‘contract carriage' under Section 2...
    IndiaTransport
    JSA Advocates & Solicitors
    JSA Advocates & Solicitors
  • Article

    Production Linked Incentive Scheme - Automobile And Auto Component Industry

    In September 2021, the Ministry of Heavy Industries (MHI) released the Production Linked Incentive (PLI) scheme for the automobile sector.
    IndiaTransport
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Video

    Webinar: Non-Fungible Tokens: Legality, Money Laundering And Intellectual Property

    This webinar will focus on the aspect of concept of Non-Fungible Tokens ("NFTs") under the Indian legal system, with specific focus on the issues of money laundering and Intellectual property rights.
    GlobalTechnology
    Krishnamurthy & Co
    Krishnamurthy & Co
  • Article

    Anti-Trust Laws For M&A In India

    Government has exempted the ‘group' exercising less than fifty per cent of voting rights in other enterprise from the provisions of section 5 of the said act for a period of five years.
    IndiaAntitrust/Competition Law
    Singhania & Partners LLP
    Singhania & Partners LLP
  • Article

    Amendments To Investor Education And Protection Fund Authority Rules

    The Investor Education and Protection Fund (‘IEPF') has been established for promotion of investors' awareness and protection of interests of the...
    IndiaCorporate/Commercial Law
    AZB & Partners
    AZB & Partners
  • Article

    Continuous Disclosures And Compliances By Listed Entities Under SEBI (Issue And Listing Of Municipal Debt Securities) Regulations, 2015

    SEBI vide its circular dated November 13, 20191 has amended its earlier circular dated June 19, 2019, on continuous disclosures and compliance norms which are to be followed by the entities whose municipal debt securities ...
    IndiaCorporate/Commercial Law
    DSK Legal
    DSK Legal
  • Article

    Conversion Of External Commercial Borrowing And Lumpsum Fee/Royalty Into Equity

    Reserve Bank of India has reviewed its circular on Conversion of External Commercial Borrowing and Lumpsum Fee/Royalty into Equity.
    IndiaCorporate/Commercial Law
    S&A Law Offices
    S&A Law Offices
  • Article

    Corporate Governance In India

    Although India has been rather slow in establishing corporate governance principles over the last two decades, 2012 was a positive year for progression in the Indian corporate governance arena.
    IndiaCorporate/Commercial Law
    Wedlake Bell LLP
    Wedlake Bell LLP
  • Article

    DeVry Education Group Makes Its First Indian Investment

    The DeVry Education Group (NYSE: DV; member S&P MidCap 400 Index) along with Kaizen Private Equity have acquired a majority control in EduPristine (Neev Knowledge Management Private Limited).
    IndiaCorporate/Commercial Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Easing Convening Of Board Meetings Amid Pandemic

    The impact of COVID-19 left everyone around the World in a pandemonium during the year 2020 and it is continuing to affect human lives to a great extent till now.
    IndiaCorporate/Commercial Law
    Clasis Law
    Clasis Law
  • Article

    Fast Track Exit Of Corporates Gets Centralized

    Fast Track Exit (FTE) or the ‘Strike-off route' has been one of the easiest exit modes for companies, that have not conducted any business operations for past 2 (two) years and who satisfy certain other eligible criteria.
    IndiaCorporate/Commercial Law
    Khaitan & Co.
    Khaitan & Co.
  • Article

    INDIA AI REGULATORY TRACKER: A Consolidated Reference Guide To India’s Evolving AI Regulatory And Policy Landscape

    AZB & Partners provides important legal disclaimers regarding website usage, clarifying that no solicitation has occurred and that accessing the site does not create a lawyer-client relationship.
    IndiaCorporate/Commercial Law
    AZB & Partners
    AZB & Partners
  • Article

    Madras High Court Holds Part Of Sale Consideration Taxable As Non-Compete

    In a recent judgment (CIT vs. Chemech Laboratories Limited), the Madras High Court has held that where consideration is paid for all aspects of a transaction (with non‑compete covenants)...
    IndiaCorporate/Commercial Law
    Khaitan & Co.
    Khaitan & Co.
  • Article

    MCA Designates Special Court In The State Of Karnataka For Speedy Trial Of Cases

    The Ministry of Corporate Affairs in exercise of the powers conferred by Sub Section (1) of Section 435 of the Companies Act 2013 (18 of 2013), vide Notification No. S.O. 3804 (E), dated December 4, 2017, ...
    IndiaCorporate/Commercial Law
    S.S. Rana & Co.
    S.S. Rana & Co.
  • Article

    NCLT Cannot Give Time To Corporate Debtor To Repay Debt Once Its Satisfied That Default Has Occurred, And Debt Is Due - NCLAT

    This was held in the matter of Drip Capital Inc. vs. Concord Creations (India) P. Ltd. decided on 8th November, 2021...
    IndiaCorporate/Commercial Law
    Juris Corp
    Juris Corp
  • Showing 641–660 of 8470 results

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