• May 4, 2023

Notification F. No. IFSCA/2022-23/GN/REG035, Dated: 26.04.2023 The IFSCA has notified the IFSCA (Management Control, Administrative Control and Market Conduct of insurance business) Regulations, 2023. The aim is to put in place the regulatory framework related to Management Control, Administrative Control and Market Conduct of insurance business carried out by an IFSC Insurance Office (IIO) or […]

• May 3, 2023

Case Details: Anmol Industries Ltd. v. West Bengal Authority for Advance Ruling, Goods and Services Tax - [2023] 150 taxmann.com 3 (Calcutta) Judiciary and Counsel Details T. S. Sivagnanam, CJ. & Hiranmay Bhattacharyya, J. Ankit Kanodia, Ms Megha Agarwal & Abhijat Das for the Appellant. T. M. Siddique, Debashis Ghosh & Varun Kothari for the Respondent. Facts of the Case The assessee […]

• May 2, 2023

Case Details: Manoj Kumar Sah v. State of Bihar - [2023] 150 taxmann.com 5 (Patna) Judiciary and Counsel Details Sanjay Karol, CJ. & Partha Sarthy, J. Ms Archana Sinha, Advocate for the Petitioner. Vivek Prasad for the Respondent. Facts of the Case The department cancelled the GST registration of petitioner. It field writ petition to challenge the order […]

• May 1, 2023

Table of Contents Introduction The Law on Benami Transactions The Insurmountable Challenge of Proving a Benami Transaction The Need for a Balanced and Lawful Approach Conclusion 1. Introduction The word ‘benami’ was a stray visitor to the world of legislation for a long time in India. The concept was more familiar in the sphere of […]

• April 30, 2023

CA Shivam Sharma & CA Akhil Aggarwal – [2023] 149 taxmann.com 437 (Article) Introduction In the recent decision by the Authority for the Advance Rulings (AAR) in case of M/s Profisolutions Private Limited held that the Services provided by the Common Employees of Company to its Head office or to its branch office will be […]

• April 29, 2023

Case Details: PCIT (Central) v. Narayan Kumar Khaitan - [2023] 149 taxmann.com 243 (Orissa) Judiciary and Counsel Details Dr. S. Muralidhar, CJ. & M.S. Raman, J. Radheyshyam Chimanka, Sr. Standing Counsel & A. Kedia, Jr. Standing Counsel for the Appellant. Facts of the Case A search and seizure operation under section 132 was conducted on SM and […]

• April 28, 2023

Circular No. SEBI/HO/IMD/IMD-RAC-2/P/CIR/2023/60, Dated: 25.04.2023 The SEBI has directed all Asset Management Companies (AMCs) to file their final offer documents in digital form only by emailing the same to a dedicated email address i.e., [email protected] and there would be no requirement of filing physical copies of the same with SEBI. Further, in order to protect […]

• April 27, 2023

  Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/061, Dated: 25.04.2023 The SEBI has barred Stock Brokers (SBs) and Clearing Members (CMs) from pledging their clients’ funds with banks. Presently, stock brokers and clearing members pledge their clients’ funds with banks, which in turn issue bank guarantees (BGs) to clearing corporations for higher amounts. Now, from May 01, 2023, no […]

• April 27, 2023

Publish Date : Friday, April 21, 2023 source