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- Feb 10
- 4 min
Madras HC: No Interest Liability for Timely Tax Deposits in Electronic Cash Ledger
Introduction The Hon’ble Madras High Court (‘HC’) in the case of Eicher Motors Ltd. v. Superintendent of GST and Central Excise, Range...
- Feb 10
- 3 min
Madras High Court Authorizes AO to Reopen Assessment Contrary to Assessee’s Undertaking
HC allows AO to reassess based on ITAT's findings, spotlighting stringent standards for reassessment.
- Feb 8
- 3 min
Pursuit of Procedural Precision: ITAT Confirms CIT’s Revisional Jurisdiction in TPO Referral Case
Introduction Navigating through the complex maze of legal procedures, income tax appeals represent a critical intersection where the...
- Feb 7
- 3 min
Delhi High Court Orders Return of Seized Items After Finding No Legal Proceedings under PMLA
Introduction In a recent judgement in Mr. Mahender Kumar Khandelwal v. Directorate of Enforcement and Anr.[i], the Delhi High Court...
- Feb 6
- 3 min
Enhancing Voluntary Liquidation Process: Highlights of the IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2024
Introduction The Insolvency and Bankruptcy Board of India (‘IBBI’) has introduced amendments to the 2017 regulations governing voluntary...
- Feb 6
- 2 min
Understanding the Impact of the IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2024
Introduction The Insolvency and Bankruptcy Board of India (‘IBBI’) has enacted significant amendments through the IBBI (Bankruptcy...
- Feb 6
- 2 min
Flexibility for Insolvency Professionals Enhanced by IBBI
Introduction The Insolvency and Bankruptcy Board of India (‘IBBI’), deriving power from ss. 196, 208 read with s. 240 of the Insolvency...
- Feb 6
- 2 min
Ensuring Stability: Legal Perspectives on Revised IPA Regulations in India
Introduction On 31.01.2024, the Insolvency and Bankruptcy Board of India (‘IBBI’) introduced significant amendments to the IBBI (Model...