Insights & Resources

The Central Board of Indirect Taxes and Customs ( ‘CBIC’ ) has recently released a circular (Circular No. 198/10/2023-GST dated...

NCLAT: DRT case pendency doesn't block IBC s. 7 rights.

[Bombay HC] – Only a profit element can be added in respect of bogus purchases under Section 69 of the Income Tax Act, 1961 when the...

This article presents an in-depth examination of the critical role played by fair disclosure of documents in the criminal justice system....

Court decision emphasizes the civil nature of disputes over financial transactions, underlining legal boundaries.

The Hon’ble Appellate Tribunal under the Prevention of Money Laundering Act, 2002 (‘the Appellate Tribunal’) in a recent case of Dr....

The First Information Report (FIR) is the initial information recorded by a police officer about an alleged cognizable offence. Section...

The Goods and Services Tax Council ('GST Council'), in its 50th meeting held on 11th July 2023, has recommended the levy of 28% GST on...

The choice of the appropriate legal structure is a pivotal decision in setting up a business entity, and this decision often points...

Customs, Excise and Service Tax Appellate Tribunal, Ahmedabad (‘CESTAT’), recently passed an order in the case of Indu Oversea Private...

NFRA imposes heavy fines and restrictions on auditors for misconduct and standards violations.

[Bombay HC] – Stays the LOC and permits the Petitioner to travel out of the country but imposes costs of Rs. 50,000 for filing the...