Case Analysis: Sangeeta Maheshwari v Premsagar Agricultural (P.) Ltd
The present case mainly deals with the rectification of the register of members of a company. It involves the issue of an alleged false transfer of shares of the appellant…
Sec. 263 revision can’t be quashed just because DIN of order was intimated to assessee next day : HC
INCOME TAX : Order u/s 263 cannot be quashed as without jurisdiction merely because its DIN was intimated one day after it was passedINCOME TAX : Order u/s 263 cannot…
CIT has no power to examine issue on merits while exercising revisional power under sec. 263: SC
INCOME TAX : SLP dismissed against High Court ruling that Commissioner was not justified in revising order and directing Assessing Officer to add decommissioning levy, interest on decommissioning fund, interest…
SEBI modifies Cyber Security amp; Cyber Resilience Framework for KYC Registration Agencies (KRAs)
The SEBI has modified the framework prescribed for Cyber Security amp; Cyber Resilience for KYC Registration Agencies (KRAs). As per the modified framework, more detailed norms are provided for the…
The Govt. appoints Dr Ajay Bhushan Prasad Pandey as the chairperson of the National Financial Reporting Authority
The Govt. has appointed Dr Ajay Bhushan Prasad Pandey as the chairperson of the National Financial Reporting Authority, for a period of 3 years or till the age of 65…
RBI advises REs to take note of amendments made by UNSC in list of individuals amp; entities, suspected of terrorist link
As per RBI’S master direction “Regulated Entities (REs) are required to ensure that they do not have any account in the name of individuals/entities appearing in the lists of individuals…
The Govt. appoints Shri Praveen Kumar Tiwari as a full-time member of the National Financial Reporting Authority
The Govt. has appointed Shri Praveen Kumar Tiwari as a full-time member of the National Financial Reporting Authority, for a period of 3 years or till the age of 65…
Public Issues’ ASBA application shall be processed only after the application monies are blocked
SEBI to streamline the bidding process and ensure the development of the market has reviewed the processing of ASBA applications. SEBI has notified that ASBA applications in Public Issues shall…
Govt. appoints Mr. Inder Deep Singh Dhariwal, Mr. Amarjit Chopra and Mr. Anil Sharma as part time members of NFRA
Central Government has notified the National Financial Reporting Authority (NFRA) appointment of Part-time members (Amendment), Rules, 2022. The government has appointed Mr. Shri Inder Deep Singh Dhariwal, Joint Secretary, MCA…
Sec. 68 additions justified if firm failed to establish genuineness of cash introduced by partners: ITAT
INCOME TAX : Where assessee firm introduced cash in form of capital and by way of loan from partners into firm, without any corresponding entries in books of respective partners…