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Additions Made Without Giving Notice Are Bad in Law
ITAT rules on fair notice in Net Agri Co. v. Tax Officer, stressing procedural fairness in tax law.
Dec 6, 20233 min read
BEPS 2.0: The Two Pillar Approach – Transforming International Taxation
BEPS 2.0, a transformative global tax reform initiative, introduces a two-pillar approach to address the challenges of international...
Dec 4, 20239 min read
Karnataka High Court Quashes CoC Resolutions Over Procedural Irregularities
Karnataka HC enforces fairness in insolvency, invalidating a CoC decision due to notice flaws
Dec 1, 20233 min read
Madras HC also Holds that Online Rummy and Poker are Games of Skill
Introduction The Madras High Court (‘HC’) in All India Gaming Federation v. The State of Tamil Nadu [1] , partly allowed the appeals...
Nov 27, 20236 min read
Supreme Court Upholds Constitutional Validity of Ss. 95 to 100 of the IBC Provisions Relating to Personal Guarantors
Landmark SC ruling affirms key IBC sections, ensuring fair insolvency processes for personal guarantors.
Nov 24, 20234 min read
Supreme Court’s ruling on the MFN Clause in DTAAs between India and OECD Member Countries
Introduction Justice Ravindra Bhat of the Supreme Court has delivered a landmark judgment in AO Circle v. Nestle SA [ i ] Â on the...
Nov 22, 20234 min read
The Apex Court Denies Bail to Manish Sisodia - Legal Analysis
Introduction The Apex Court, recently in  Manish Sisodia v. Central Bureau of Investigation [i] , denied bail to the former Deputy Chief...
Nov 21, 20235 min read
BEPS Actions – A Concise Summary
The Base Erosion and Profit Shifting project, initiated by the OECD in 2013, aimed to combat tax avoidance strategies employed by...
Nov 20, 202310 min read
Stay Ahead of Penalties: A Closer Look at ITC Reversal for FY 2022-23
Introduction The recent notice dated 14.11.2023 provides a comprehensive summary of important aspects concerning the reversal of input...
Nov 18, 20232 min read
Impact of CIRP and Moratorium on Tax Appeals: Analysis of ITAT’s Decision
Introduction The Income Tax Appellate Tribunal ( ‘ITAT' ), Delhi Bench, recently rendered a significant decision in the case of DCIT v....
Nov 14, 20233 min read
The Amendment to the Companies (Prospectus and Allotment of Securities) Rules, 2014
Introduction Recently, the Ministry of Corporate Affairs issued a notification [i] , amending the Companies (Prospectus and Allotment of...
Nov 8, 20232 min read
Supreme Court’s Landmark Decision: Equal Treatment to Government’s Secured Claims in IBC Cases
Introduction Recently in the case of Sanjay Kumar Agarwal v. State Tax Officer & Anr . [i] , the Supreme Court of India ( ‘SC’ )...
Nov 6, 20233 min read