Tax Guru6h
Application for staying auction process not tenable since rejection of resolution plan not objected
NCLAT Chennai held that application for staying auction process of Corporate Debtor not tenable since order rejecting ...
Tax Guru7h
Consolidation of CIRP of Corporate Debtors can be decided by CoC: NCLT Hyderabad
NCLT Hyderabad held that decision to consolidate, or not, rests with the Committee of Creditors (CoC). However, here since ...
Tax Guru9h
Registration to trust u/s. 12AB granted as exemption u/s. 11 not claimed: ITAT Ahmedabad
ITAT Ahmedabad held that registration to trust under section 12AB of the Income Tax Act granted since assessee demonstrated that exemption under section 11 of the Income Tax Act is not claimed.
Tax Guru9h
Empanelment of CAs/Cost Accountants for GST Audit in Rajasthan
Office of the Chief Commissioner, State Tax, Rajasthan, invites Chartered Accountants (CAs) and Cost Accountants for ...
Tax Guru1d
Regulatory Requirement eased for Companies to Expand Operations & Relocation
v. The C-PACE (Centre for Processing Accelerated Corporate Exit) (C-PACE) was made operational w.e.f. 1.05.2023 under Section 242 (2) of the Companies Act, 2013 for centralized and transparent ...
Tax Guru1d
IFSCA Circular on Operations of Foreign Currency Accounts (FCA) for Indian Residents
Dated: December 13, 2024 Directions to IBUs for operations of the Foreign Currency Accounts (FCA) of Indian resident individuals opened under the Liberalised Remittance Scheme (LRS) i. This Circular ...
Tax Guru1d
Prompt Response to FCRA Registration/ Renewal/ Prior permission applications
Subject: Prompt response of clarifications sought in respect of Registration/ Renewal/ Prior permission applications under the Foreign Contribution (Regulation) Act, 2010.
Tax Guru1d
DGFT Circular on EPCG Scheme Amendments for Third-Party Exports
4. in the case of third party exports. an authorisation holder can count till 04.12.2017 the full realised value of the ...
Tax Guru1d
SEBI Draft Circular on Algo Trading for Retail Investors
SEBI has proposed a draft circular aiming to facilitate the participation of retail investors in algorithmic (algo) trading, which has traditionally been restricted to institutional investors. This ...
Tax Guru1d
SEBI Allows Relaxation for Listing Grandfathered ISINs
SEBI has issued a circular relaxing the ISIN restrictions for issuers listing previously unlisted ISINs outstanding as of December 31, 2023. Regulation 62A of the SEBI (Listing Obligations and ...
Tax Guru1d
SEBI Clarifies CDMDF as Category I Alternative Investment Fund
SEBI has issued a circular classifying the Corporate Debt Market Development Fund (CDMDF) as a (AIF) under Regulation 3(4)(a) of the SEBI (Alternative Investment Funds) Regulations, 2012. The CDMDF ...
Tax Guru1d
GST: Madras HC Orders Reassessment for Ignoring Submitted Evidence & Hearing Request
The Madras High Court set aside an assessment order dated December 31, 2023, against L&T Finance Limited on grounds of violating principles of natural justice. The case arose from a GST audit and ...