Kalyani B. Nair
Kalyani is graduated from Government Law College Thiruvananthapuram on BA, LLB and is currently pursuing LLM in Criminal Law, Criminology and Penology. She always believes that Fear kills more dreams, than failure ever will. Her area of interest are Criminal law and Constitutional Law. She is also into baking, reading and gardening.
Delhi HC quashes issuance of LOC in absence of any reasons being furnished by Union Bank of India [Read Order]
The Delhi High Court quashed the issuance of Look Out Circular ( LOC ) in absence of any reasons being furnished by Union Bank of India. The...
![VAT Refunds to be disbursed along with Interest u/s 42 of DVAT Act: SC dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/VAT-Refunds-Disbursed-Interest-DVAT-Act-SC-SLP-taxscan.jpg "VAT Refunds to be disbursed along with Interest u/s 42 of DVAT Act: SC dismisses SLP [Read Order]")
![GST leviable on Export of Pre-Packaged and Labelled Rice upto 25 Kgs to Foreign Buyer: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/AAR-Andhra-Pradesh-GST-on-Exported-Rice-Pre-Packaged-Rice-GST-GST-Leviable-on-Rice-Packaging-Taxscan.jpg "GST leviable on Export of Pre-Packaged and Labelled Rice upto 25 Kgs to Foreign Buyer: AAR [Read Order]")
Calculation of basic Customs Duty on MRP of Goods Contrary to Proviso of Section 3 (1) of CETA: CESTAT sets aside Calculation of Assessable Value [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) set aside the calculation of assessable value as the calculation of Basic Customs Duty on MRP of the goods was...
![Calculation of basic Customs Duty on MRP of Goods Contrary to Proviso of Section 3 (1) of CETA: CESTAT sets aside Calculation of Assessable Value [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Customs-Duty-Customs-duty-calculation-CESTAT-CESTAT-Ahmedabad-Calculation-of-Assessable-Value-taxscan.jpg "Calculation of basic Customs Duty on MRP of Goods Contrary to Proviso of Section 3 (1) of CETA: CESTAT sets aside Calculation of Assessable Value [Read Order]")
Claim submitted Post Approval of Resolution Plan by CoC not liable to be Admitted: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) ruled that the claim submitted post approval of the resolution plan by the Committee of Creditors ( CoC ) is not liable to...
Definition of Financial Debt u/s 5(8) of IBC do not provide disbursal to be made to CD: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) observed that the definition of financial debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016 ( IBC ) do not provide disbursal to...
Deduction of TDS by Donor on Grants does not Disentitle NGO from exemption u/s 11 of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court ruled that the deduction of TDS by donor on grants does not disentitle NGO from exemption under Section 11 of the Income Tax Act, 1961. The petition has been preferred by the...
![Deduction of TDS by Donor on Grants does not Disentitle NGO from exemption u/s 11 of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Delhi-High-Court-TDS-Deduction-of-TDS-Income-Tax-NGO-taxscan.png "Deduction of TDS by Donor on Grants does not Disentitle NGO from exemption u/s 11 of Income Tax Act: Delhi HC [Read Order]")
Change of Opinion by AO not Justification for assuming Income Chargeable to Tax by AO: Bombay HC [Read Order]
The Bombay High Court recently ruled that change of opinion by the Assessing Officer ( AO ) is not justification for assuming income chargeable to tax. An assessment order came to be passed in...
![Change of Opinion by AO not Justification for assuming Income Chargeable to Tax by AO: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Bombay-High-Court-Assessing-Officer-Income-Chargeable-to-Tax-Income-Tax-TAXSCAN.jpeg "Change of Opinion by AO not Justification for assuming Income Chargeable to Tax by AO: Bombay HC [Read Order]")
