Highlights RBI decides to conduct Special Long-Term Repo Operations for Small Finance Banks In order to provide further support to small business units, micro and small industries, and other u.....
Latest News SC Clarifies Centre to Continue Supply 700MT of Liquid Medical Oxygen to Delhi(07.05.2021) SC Permits Petitioners Challenging Construction of Central Vista Project to Move to HC(07.05.2021) NCLT Kochi Allows Promoter of Corporate Debtor MSME to File Resolution Plan in Individual Capacity(07.05.2021) Karnataka HC: Advocates Appearing in Cases Should Not Comment on Social Media(07.05.2021)
JUDGMENTS Application filed by Financial Creditor has to be admitted on satisfaction that, default has occurred and application is complete, and no disciplinary proceeding against proposed IRP is pending(03.05.2021) The present application is filed under Section 7 of The Insolvency and Bankruptcy Code, 2016, read w..... AO gets jurisdiction to reopen assessment only after recording the reasons for reopening and thereafter, issuing notice under Section 148 of IT Act within prescribed time(05.05.2021) The assessee individual, filed her return of income admitting income of Rs.2,27,890. AO received inf..... LIBOR rate of interest is applicable while computing the notional interest on receivables from the associated enterprises (AEs)(07.05.2021) The brief facts of the case are that, the assessee is a Private Limited company engaged in the busin.....
INTERNATIONAL CASES High Court has jurisdiction to grant a forfeiture order in terms of th.....(05.05.2021) In present matter, on 28 July 2017, the high Court granted an ex parte application for a preservatio.....
NOTIFICATIONS & CIRCULARS Government announces various r.....(02.05.2021) In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbr..... Clarification on spending of C.....(05.05.2021) In continuation to this Ministry's General Circular No. 10/2020 dated 23.03.2020, wherein it was clarified that spending of CSR funds for COVID-19 is ..... Priority Sector Lending - On-l.....(05.05.2021) As per extant guidelines, lending by Small Finance Banks (SFBs) to Micro-Finance Institutions (MFIs) for on-lending is not reckoned for priority secto.....
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