• February 17, 2023

SEBI Informal Guidance No. SEBI/HO/CFD/PoD2/0W/P/2023/5822/1, Dated 10.02.2023 Query raised by the Applicant Company The Applicant Company sought an informal guidance on whether any relaxation is available to a professionally managed listed company in India without any identifiable promoter/promoter group proposing a right issue with respect to minimum subscription requirement under regulation 86 of the SEBI […]

• February 16, 2023

Publish Date : Tuesday, February 14, 2023 source

• February 16, 2023

Mayank Mohanka – [2023] 147 taxmann.com 230 (Article) With a view to make the new personal tax regime u/s 115BAC more attractive and to encourage more and more individuals to switch to the new regime, in order to reduce the perceived complexities in return filing and assessments arising out of the plethora of deduction claims […]

• February 15, 2023

SEBI Informal Guidelines SEBUHO/IMD0MD-PoD-1/0W/N2023/509911, Dated 10.02.2023 Background SEBI vide. its Circular No. dated October 5th, 2010, specified that new clients who intend to register as Portfolio Manager must sign a separate document about fees and charges and write by hand that they understand the fees and charges structure. It was observed that in case of […]

• February 14, 2023

Table of Contents 1. Interim Financial Reporting (IFR) 2. Need and Objective 3. Scope 4. What are financial statements? 5. Principles of recognition and measurements 6. Annual effecting tax rate 7. Accounting Policies 8. Minimum Components of Interim Financial Report 9. Form and contents of interim financial statements 10. Minimum disclosure of notes 11. Significant […]

• February 13, 2023

Case Details: Bheema Construction v. Assistant Commissioner of Commercial Taxes - [2023] 147 taxmann.com 112 (Karnataka) Judiciary and Counsel Details S.R. Krishna Kumar, J. Pradhyumna Hejib, Adv. for the Petitioner. Hema Kumar, AGA for the Respondent. Facts of the Case The GST department issued order of cancellation of GST registration of the petitioner. However, the revocation of […]

• February 12, 2023

Case Details: Salem Textiles Ltd. v. Deputy General Manager, Industrial Financial Corporation of India Ltd - [2023] 146 taxmann.com 521 (Madras) Judiciary and Counsel Details R. Suresh Kumar, J. Akhil Bhansali for the Petitioner. P. Raghunathan for the Respondent. Facts of the Case In the instant case, Hon’ble High Court directed DGM of Industrial Financial Corporation of […]

• February 12, 2023

Publish Date : Tuesday, February 7, 2023 source

• February 11, 2023

Case Details: Smita and Sons Coal (P.) Ltd. v. State of Gujarat - [2023] 147 taxmann.com 141 (Gujarat) Judiciary and Counsel Details Ms Sonia Gokani & Sandeep N. Bhatt, JJ. Vijay H. Patel for the Petitioner. Siddharth Rami for the Respondent. Facts of the Case The petitioner was engaged in the business of trading in coal. The […]