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RP approved by CoC with 100% voting & NCLT approval was free from legal infirmity: NCLAT
Case Details: Rahul Khilnani v. Atul Kumar Jain - [2023] 148 taxmann.com 404 (NCLAT-New Delhi) Judiciary and Counsel Details Anant Bijay Singh, Judicial Member & Ms Shreesha Merla, Technical Member Anubhav Gupta & Ajit Singh Joher, Advs. for the Appellant. Pratik Malik & Ms Ekta Chaudhary, Advs. for the Respondent. Facts of the Case In the instant case, the […]
Release of Direct Tax Statistics
Details : Publish Date : Thursday, April 13, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1136/PressRelease-Release-of-Direct-Tax-Statistics-13-4-23.pdf source
Notification No. 19/2023 [F.No. 196/19/2014-ITA-I] / SO 1689(E)
Publish Date : Monday, April 10, 2023 source
CBDT Notifies ‘348’ as Cost Inflation Index (provisional) for Financial Year 2023-24
Notification 21/2023, dated 10-04-2023 The Central Board of Direct Taxes (CBDT) notifies the Cost of Inflation Index (CII) annually. It is used to compute long-term capital gains/losses wherein the cost of acquisition/improvement is indexed with reference to the applicable CII of the relevant year. For the Financial Year 2023-24, the board has notified ‘348’ as […]
Publish Date : Monday, April 10, 2023 source
Search and seizure action by Income Tax Department in Karnataka
Details : Publish Date : Tuesday, April 11, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1135/PressRelease-Search-and-seizure-action-by-ITD-in-Karnataka-11-4-23.pdf source
Comprehensive Guide to Managing Inventories and Trade Receivables
Table of Contents 1. Inventories and Trade Receivables 2. Classification of Inventories and Trade Receivables 3. Importance of Separate Disclosure 4. Analysis of inventories and Trade Receivables 5. Case Analysis I 6. Case Analysis II 7. Case Analysis III 8. Case Analysis IV 9. Bottom line Check out Taxmann's Balance Sheet Decoded – Keys to Unlock […]
Notification No. 17/2023 [F. No. 500/05/2018-FT&TR-III]
Publish Date : Thursday, April 6, 2023 source
HC Directed Adjudicating Authority to Pass Fresh Orders after Uploading SCN on Website
Case Details: New Hanumat Marbles v. State of Punjab - [2023] 149 taxmann.com 82 (Punjab & Haryana) Judiciary and Counsel Details Ms Ritu Bahri & Mrs Manisha Batra, JJ. Sandeep Goyal, Ms Nazuk Singhal & Ishaan Loomba, Advs. for the Petitioner. Saurabh Kapoor, Addl. A.G., Punjab, for the Respondent. Facts of the Case The search was conducted in the […]
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