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  • August 28, 2023

SEBI Mandates MIIs to Regularly Report Vulnerability Status of Their “Protected System” to NCIIPC

Circular No. SEBI/HO/MRD/TPD/P/CIR/ 2023/147, Dated: 24.08.2023 Earlier, SEBI prescribed a framework for Cyber Security and Cyber Resilience for stock exchanges, clearing corporations & depositories. Now, SEBI has modified the said framework. Now, MIIs are mandated to conduct comprehensive cyber audit at least 2 times in a financial year. Along with cyber audit reports, henceforth, MIIs […]

  • August 27, 2023

RBI Raises the Upper Limit for Small-value Offline Digital Payments to Rs 500

Circular No. RBI/2023-24/57 CO.DPSS.POLC.No.S526/02-14-003/2023-24, Dated: 24.08.2023 Earlier, the RBI prescribed a framework for facilitating small-value digital payments in offline mode to encourage technological innovations. Further, in a Statement on Development and Regulatory Policies dated August 10, 2023, the RBI proposed increasing the upper limit of offline payment transactions to Rs 500. Now, the RBI has […]

  • August 26, 2023

Notification No. 67/2023 [F.No.300196/4/2022-ITA-I]/ SO 3777(E)

Publish Date : Wednesday, August 23, 2023 source

  • August 26, 2023

​Income-tax (Sixteenth Amendment), Rules, 2023​

Publish Date : Wednesday, August 16, 2023 source

  • August 26, 2023

HC Permitted DGGI to Continue Enquiry Since No Investigation Was Conducted by Any Authority Regarding Affairs of Petitioner

Case Details: Hanuman Enterprises (Opc) (P.) Ltd. v. Additional Director General Directorate General of GST Intelligence - [2023] 153 taxmann.com 565 (Delhi) Judiciary and Counsel Details Vibhu Bakhru & Amit Mahajan, JJ. Mrs. Anjali Jha Manish & Priyadarshi Manish, Advs. for the Petitioner. Harpreet Singh, Ms Suhani Mathur, Aditya Singla, Ms Charu Sharma, Mahesh Aggarwal, Rajeev Aggarwal & Manbhar Mittal, Advs. for the Respondent. Facts […]

  • August 25, 2023

HC Rejects Plea to Quash Summon Order as Disputes Relating to Cheque & Its Dishonour by Director Were Triable Issues

Case Details: Ambika Narang v. Shivam Shubham Fashions (P.) Ltd. - [2023] 152 taxmann.com 672 (HC-Delhi) Judiciary and Counsel Details Ms Swarana Kanta Sharma, J. Ms Aakansha Nehra & Shalaka Garg, Advs. for the Petitioner. Ms Mansoor Ansari, Adv. for the Respondent. Facts of the Case In the instant case, the complainant supplied various types of laces and […]

  • August 25, 2023

Operationalisation of the Board for Advance Rulings

Publish Date : Saturday, August 19, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1147/Press-Release-Operationalisation-of-the-Board-for-Advance-Rulings.pdf source

  • August 24, 2023

​Direct Tax Collections for F.Y. 2023-24 up to 10.08.2023

Details : ​​ Publish Date : Friday, August 11, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1145/PressRelease-Direct-Tax-Collections-for-FY2023-24-up-to-10-08-2023.pdf source

  • August 24, 2023

Provisions Under Sections 129 and 130 Are Independent Provisions & Could Be Invoked Separately | Kerala HC

Case Details: Muhammad Saleem Shemsudeen v. Enforcement Officer - [2023] 153 taxmann.com 479 (Kerala) Judiciary and Counsel Details Dr A.K. Jayasankaran Nambiar & Mohammed Nias C.P., JJ. V. Devananda Narasimham, Adv. for the Appellant. Smt. M.M. Jasmine, Govt. Pleader for the Respondent. Facts of the Case The appellant sold iron scrap to a dealer in Goa and […]

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