Explore how greenwashing undermines India's ESG framework. This summary examines regulatory gaps, legal challenges, and the ...

NCLT Delhi held that Fixed Deposit Receipts FDRs standing in the name of the Corporate Debtor constitute financial assets and ...

This case study examines if SEBI can forfeit an open offer escrow account for non-compliance with the Takeover Regulations, and details the conditions for the release of these ...

Lucknow ITAT confirms penalty under section 271B, ruling that a taxpayer is responsible for timely tax audit completion and report submission, and blaming the CA is not a valid ...

The ITAT Lucknow tribunal clarifies that charitable trusts can utilize accumulated income without first spending their current-year income, as per Section ...

This case study examines validity of a Resolution Professional's actions under IBC, 2016. It analyzes if an RP can convene a meeting based on a request from a CoC member with less than 33% voting ...

ITAT Surat held that addition of unexplained stock as unexplained investment u/s. 69 of the Income Tax Act upheld due to claim of closing stock was not supported by any verifiable evidences.

Bombay High Court held that in absence of express authorization, thus service upon the Chartered Accountant [CA] do not absolve the Tribunal of serving the copies of the order upon the assessee. Thus, ...

TAT Mumbai holds that under Section 56(2)(viib), an assessee may adopt DCF or NAV method, and AO cannot substitute valuation with own ...

ITAT Ahmedabad application for registration of trust under section 12AB of the Income Tax Act since object of the applicant is not working for benefit of general public at large but is working for ...

The petitioner is a partnership firm and is registered under the Central Goods and Services Tax (CGST) Act, 2017/Assam Goods and Services Tax (AGST) Act, 2017. Show cause notice was issued due to ...

ITAT Mumbai held that denial of exemption under section 11 of the Income Tax Act not justified since previous registration u/s. 12A continued to be valid till grant of provisional registration under ...