The Central Board of Direct Taxes (CBDT) has amended the e-advance rulings of 2022 vide notification no. S.O. 2569(E) issued on 12th June 2023. The new amendment rules are called the e-advance rulings (Amendment) Scheme,

The High Court of Bombay has delivered a significant ruling on the issue of “lifting the corporate veil”. The Bombay High Court has distinguished NYK Line and NYK Theseus Corporation on the observation that the

The petitioners claim to be the licensee under one Varun Roshan Kohli who happens to be a sub-tenant under one Sati Mulchandani Business Centre in respect of 1200 sq. ft. in the ground floor flat.

The National Informatics Centre has updated that the Two factor Authentication is mandatory for all taxpayers who have Annual Aggregate Turnover (AATO) above 100 crores from 15th July 2023. The National Informatics Centre is implementing

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has exempted gold donation of religious trust towards corpus funds under Section 11(1)(d) of the Income Tax Act 1961. The assessee, Swaminarayan Bhagwan Kalakendra was a

The Special Court, Bengaluru declared Ramachandran Vishwanathan as a Fugitive Economic Offender for the offences under the Fugitive Economic Offenders Act, 2018 in Devas Multimedia Pvt. Ltd. Case.In this case, an FIR was registered by

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that a suit or proceedings could not be continued against a corporate debtor until the conclusion of proceedings taken place under Insolvency and Bankruptcy

The Bombay High Court ruled that a writ petition is maintainable to question initiation of proceedings under Section 148 of the Income Tax Act, 1961. The challenge raised in the writ petition filed under Article

A Single Bench of the Calcutta High Court observed that the sufficiency of reasons and findings in order under Section 148A(d) of the Income Tax Act, 1961 cannot be scrutinized by a writ court. By

The Calcutta High Court quashes assessment notice issued against non-existing entity on the conversion of a company into a Limited Liability Partnership (LLP). By the writ petition, the petitioner, Virender Kumar and Sons Jewellers LLP,

Vi has invited applications for the post of AGM - FP&A Lead. QUALIFICATIONS Essential: Graduation - RegularDesired:  post-graduation in business management/MBAExperience with distribution planning and channel implementation.Good communication skillsProducts Services & Technology Knowledge Leads Decision

Philips has invited applications for the post of FP&A Analyst. QUALIFICATIONS Bachelor's or Master’s degree in a Business Economics, Finance and/or Accounting orientated study. CA/CPA/ICWAI/MBA Finance preferred.5+year of working experience with financial control, management reporting

Freshworks has invited applications for the post of Lead - Financial Planning and Analysis. QUALIFICATIONS ·CA or MBA with 5 + years of FP&A experience.  ·Experience with P&L analysis and a strong understanding of GAAP

The Uttar Pradesh Authority for Advance Ruling (AAR) has held that mixing scent would change the character of raw unmanufactured tobacco to manufactured tobacco. The applicant Rajiv Pandey was a registered under trade name of

The Amritsar bench of the Income Tax Appellate Tribunal (ITAT) has recently held that high sea sales of imported goods are not considered as speculative transactions under Section 43(5) of the Income Tax Act, 1961.