• July 10, 2023

Publish Date : Monday, July 10, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1142/Press-Release-DTC-for-FY-2023-24-up-to-09.07.2023-dated-10-07-2023.pdf source

• July 10, 2023

Prof R Balakrishnan – [2023] 152 taxmann.com 155 (Article) 1. Code for independent directors Under the provisions of the Companies Act 2013, Schedule IV of the Companies Act 2013 has prescribed “Code for Independent Directors”. Sub-section (8) of section 149 of the Companies Act, 2013 spells out that the company and independent directors shall have […]

• July 9, 2023

Notification No. SEBI/LAD-NRO/GN/2023/135; Dated: 03.05.2023 The SEBI has notified the SEBI (Issue and Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2023. Various amendments have been made to the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The key highlights of the amendment are as follows: Definitions of “Key Managerial Personnel” and “Senior Management” newly […]

• July 8, 2023

Case Details: Liakhat Ali Mallick v. State of West Bengal - [2023] 152 taxmann.com 114 (Calcutta) Judiciary and Counsel Details T. S. Sivagnanam, C.J. & Uday Kumar, JJ. Avra Mazumder & Suman Bhowmik for the Appellant. Anirban Ray, T. M. Siddiqui & Saptak Sanyal for the Respondent. Facts of the Case In the instant case, the assessee paid the entire […]

• July 7, 2023

Case Details: Mohamed Ibrahim v. Income-tax Officer (International Taxation) - [2023] 151 taxmann.com 406 (Chennai-Trib.) Judiciary and Counsel Details V. Durga Rao, Judicial Member & G. Manjunatha, Accountant Member T. Vasudevan, Adv. for the Appellant. D. Hema Bhupal, JCIT for the Respondent. Facts of the Case Assessee, a non-resident, sold two immovable properties during the relevant year and […]

• July 7, 2023

Publish Date : Wednesday, June 28, 2023 source

• July 6, 2023

Circular No. SEBI/HO/DDHS/POD1/P/CIR/2023/112, Dated 04.07.2023 The SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 obligates an issuer which is a company to ensure that its Articles of Association requires its Board to appoint as director, the nominee of debenture trustee (DTs). Recently, the SEBI has received various representations from Debenture Trustees, a gist of […]

• July 4, 2023

Case Details: Principal Commissioner of Income-tax v. Jaico Realtors (P.) Ltd. - [2023] 151 taxmann.com 159 (Karnataka) Judiciary and Counsel Details P.S. Dinesh Kumar & C.M. Poonacha, JJ. E.I. Sanmathi, Standing Cousel, for the Appellant. H. Vani, Adv. for the Respondent. Facts of the Case A search under section 132 was conducted on the premises of a […]

• July 3, 2023

Prof R Balakrishnan – [2023] 151 taxmann.com 497 (Article) 1. Background of the case This is one of the eye-opening case of appeal decided by the Regional Director of South Eastern Region, Hyderabad. This case is pertaining to an appeal filed under section 454(5) of the Companies Act 2013, against the adjudication order passed by […]