Vinay Vohra & Co.

Industry News Updates

Get all the latest news and top breaking news live related to Business & Income Tax … Read latest Business news, IT Notifications and news headlines online today.
Client Centric Approach
Backed By Experience
Team Work
  • June 8, 2023

Guide to Permanent Establishment and DTAAs

Table of Contents Taxing Powers and Source of Income Concept of Permanent Establishment Check out Taxmann's Cross-Border Transactions under Tax Laws & FEMA which provides an easy-to-understand commentary on cross-border transactions with respect to Income Tax, GST, Customs, FEMA, etc. It also provides practical guidance based on judicial interpretation of the law and rules. 1. […]

  • June 7, 2023

Corporate Guarantor’s Plea that CIRP Plea was Rejected as its Liability Stems from Borrower’s Default

Case Details: State Bank of India v. Essel Infraprojects Ltd. - [2023] 150 taxmann.com 349 (NCLT-Mum.) Judiciary and Counsel Details Kuldip Kumar Kareer, Judicial Member & Smt. Anuradha Sanjay Bhatia, Technical Member Ms Fatema Kachwalla & Virgil Braganza for the Petitioner. Ashish Kamat, Harsh Moorjani, Tasneem Zariwala & Saurabh Nikalje, Advs. for the Respondent. Facts of the Case In the instant case, […]

  • June 6, 2023

​Income Tax Department conducts searches in West Bengal and Assam

Details : ​​​ Publish Date : Tuesday, May 16, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1137/PressRelease-ITD-conducts-searches-in-West-Bengal-and-Assam-16-5-23.pdf source

  • June 6, 2023

Provisional Approval Granted u/s 10(23C) isn’t Equivalent to Grant of Registration for Purpose of Sec. 11(7): ITAT

Case Details: Indian Institute of Banking and Finance v. Commissioner of Income-tax, (Exemption) - [2023] 150 taxmann.com 370 (Mumbai-Trib.) Judiciary and Counsel Details M. Balaganesh, Accountant Member & Sandeep Singh Karhail, Judicial Member Nitesh Joshi for the Appellant. K.C. Selvamani, for the Respondent. Facts of the Case Assessee was a trust registered under section 12A for more than […]

  • June 5, 2023

[World Tax News] Brief of 7 Decisions Announced by UAE Ahead of the Enactment of ‘Corporate Tax Law’

Editorial Team – [2023] 151 taxmann.com 30 (Article) World Tax News provides a weekly snippet of tax news from around the globe. The current column provides information on 7 ministerial decisions recently announced by the UAE Finance Ministry in view of implementing Corporate Tax in the United Arab Emirates from 1st June 2023. According to […]

  • June 4, 2023

​Income-tax (8th Amendment) Rules, 2023

Publish Date : Wednesday, May 31, 2023 source

  • June 4, 2023

​Income-tax (Sixth Amendment) Rules, 2023​

Publish Date : Monday, May 29, 2023 source

  • June 4, 2023

Rs.1,57,090 Crores Gross GST Revenue Collected in Month of May 2023 | Press Release

Press Release dated June 1st, 2023 The Gross GST revenue collected in the month of May, 2023 is Rs. 1,57,090 crores. The Government has settled Rs. 35,369 crores to CGST and Rs. 29,769 crores to SGST from IGST. The total revenue of Centre and the States in the month of May 2023 after regular settlement […]

  • June 3, 2023

Ind AS Schedule III Checklist | Presentation & Disclosure of Non-Current Liabilities in the Financial Statements

Non-current liabilities play a vital role in understanding the financial statement by providing stakeholders with comprehensive information about the company’s financial position and obligations. It represents long-term liabilities such as non-current loans, bonds, trade payable and provisions which requires careful presentation and disclosure to ensure the users of financial statements have a clear view of […]

Newsletter

Signup our newsletter to get update information, insight or news

    Let a Dedicated Tax Expert Do Your Taxes For You.

    Get A Consultation

    We Provide High-Quality Accounting & Tax Service. Our Businesses are evolving, in the economic realm by providing the best auditing, tax, and assurance services available.