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Upholding Accountability in Auditing: SC's Ruling on UOI v. Deloitte Haskins and Sells LLP
In Union of India v. Deloitte Haskins and Sells LLP [ i ] , the Hon’ble Supreme Court of India found Deloitte Haskins and Sells LLP...
May 25, 20234 min read
Allahabad HC: No vicarious liability of directors under IPC
No vicarious liability of directors under IPC; Court directs the accused to file discharge application before the Trial Court The Lucknow...
May 23, 20233 min read
An analysis of Karnataka HC's decision in Gameskraft Technologies
This article summarizes and analyzes the recent decision of the Karnataka High Court in the case of Gameskraft Technologies Private...
May 19, 20238 min read
Gujarat High Court Denies Protection: Petitioner's Bid to Escape Wilful Defaulter Tag Rejected
Introduction: The Gujarat High Court recently rendered a noteworthy judgment in the case of Jagdish Prasad Saboo vs IDBI Bank Limited ....
May 17, 20233 min read
Recent changes in Liberalised Remittance Scheme ('LRS')
Amendments to bring International Credit Card Transactions within the ambit of the Liberalised Remittance Scheme of the RBI On...
May 12, 20236 min read
[SC] No service tax on corporate guarantees by parent companies on behalf of its subsidiaries
The Hon’ble Supreme Court has recently held in Commissioner v. M/s Edelweiss Financial Services Ltd., that no service tax would be levied...
May 11, 20234 min read
Vivad se Vishwas Scheme for MSMEs notified
The Covid-19 pandemic had a devastating impact on every sector in India. While the large industries/enterprises were able to cope up with...
May 10, 20233 min read
What You Need to Know About the New Tax Rules for Online Gaming
The Central Board of Direct Taxes (‘CBDT’), the authority on direct taxes in the country, released the Income Tax (Fifth Amendment)...
May 2, 20235 min read
No Vicarious Liability: Jharkhand HC Quashes Charges Against Finance Advisor in TDS Remittance Case
Jharkhand HC rules financial advisors are not liable for a firm's TDS defaults.
Apr 22, 20233 min read
Brief Overview of Foreign Direct Investment in India
Foreign Direct Investment (FDI) has played a crucial role in shaping the economic landscape of India, positioning it as one of the most...
Apr 13, 20237 min read
Finance Ministry enhances Beneficial Owner Definitions & Disclosure Rules under PMLA
Introduction In a recent move to combat benami activities and operations of clandestine firms, The Ministry of Finance recently issued a...
Apr 10, 20232 min read
Framework for Adoption of Cloud Services by SEBI Regulated Entities (RE)
Cloud computing is gaining popularity due to its ability to reduce emissions related to commuting and provide access to a wide range of...
Apr 6, 20237 min read