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[World Tax News] China Reduces Stamp Duty on Securities Transactions to Boost Investor Confidence and More
Editorial Team – [2023] 154 taxmann.com 24 (Article) World Tax News provides a weekly snippet of tax news from around the globe. Here is a glimpse of the tax happening in the world this week. 1. China reduces Stamp Duty on Securities Transactions to boost investor confidence China’s Ministry of Finance and State Administration of […]
Income-tax (Twentieth Amendment) Rules, 2023
Publish Date : Wednesday, August 30, 2023 source
Transfer of Assets, Within Group Cos., ‘Ex-facie’, Won’t Come Within Umbrage of Fraudulent Trading u/s 66(1) of IBC | NCLAT
Case Details: Renuka Devi Rangaswamy v. Madhusudan Khemka - [2023] 153 taxmann.com 118 (NCLAT-Chennai) Judiciary and Counsel Details M. Venugopal, Judicial Member & Shreesha Merla, Technical Member T.K. Bhaskar, Adv. for the Appellant. Facts of the Case In the instant case, the CIRP was commenced against the corporate debtor and the appellant was appointed as an IRP. […]
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Publish Date : Thursday, August 10, 2023 source
Govt. Accepts the Resignation of Shri Krishnamurthy Subramanian as Part-time Member of IBBI
Notification No. S.O. 3813(E)., Dated: 28.08.2023 Consequent upon the tendering of resignation by Shri Krishnamurthy Subramanian, part-time member in the Insolvency and Bankruptcy Board of India, the Central Government has accepted the resignation of Shri Krishnamurthy Subramanian from the post of part-time member in Insolvency and Bankruptcy Board of India with effect from the 1st […]
CBDT launches the revamped National Website of the Income Tax Department www.incometaxindia.gov.in
Publish Date : Saturday, August 26, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1148/Press-Release-CBDT-launches-the-revamped-National-Website-of-the-Income-Tax-Department-www.incometaxindia.gov.in.pdf source
GSTN Issued Advisory for Applicants Whose Registration Application Marked for Biometric-based Aadhaar Authentication
GSTN Update dated 28th August, 2023 The GSTN has issued an advisory for those applicants who had opted for authentication of Aadhaar number and identified on the common portal for biometric-based Aadhaar authentication. Those applicants who get the link on Mobile & Email ID for Aadhaar Authentication, they can proceed for completing their application as […]
Allegation for Violating PFUTP Regulations Couldn’t Be Sustained As There’s No Evidence Linking the Appellant to Entities Manipulating Price
Case Details: Abhinandan Jain v. Securities and Exchange Board of India - [2023] 153 taxmann.com 35 (SAT-Mumbai) Judiciary and Counsel Details Justice Tarun Agarwala, Presiding Officer & Ms Meera Swarup, Technical Member CA Kushal Shah for the Appellant. Sumit Rai, Ravishekhar Pandey, Ms Shefali Shankar & Ms Rasika Ghate, Advs. for the Respondent. Facts of the Case In the instant cases, SEBI […]
[Opinion] Company and its Directors Penalised for not Submitting Cash Flow Statement along with Financials to RoC
Prof R Balakrishnan – [2023] 153 taxmann.com 619 (Article) 1. Financial statements and their filing with the Registrar of Companies Every company incorporated under the Companies Act is required to prepare its financial statements, get the same audited and thereafter along with the board report containing the particulars, are required to get it approved by […]
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