Absence of Adverse Comments in Audit Report: Andhra HC allows Application for Half-Yearly Accounts in Liquidation u/s 462 of Companies Act [Read Order]
The High Court of Andhra Pradesh has allowed the company application filed under Section 462 of the Companies Act, 1956, read with Rule 298 and Rule...
![Transaction Between 2 Companies Cannot come u/s 269SS on Amalgamation: ITAT Deletes Penalty u/s 271E [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Transaction-Between-2-Companies-Transaction-2-Companies-Amalgamation-ITAT-Deletes-Penalty-taxscan-Income-tax-itat-.jpg "Transaction Between 2 Companies Cannot come u/s 269SS on Amalgamation: ITAT Deletes Penalty u/s 271E [Read Order]")
Attempt to Evergreen and Monopolize Invention: Delhi HC allows Indian Pharma Companies to Produce Diabetes Drug Linagliptin [Read Order]
A Single Bench of the Delhi High Court has recently held that there shall be no impediment on the manufacture and sale of products with Linagliptin as the API on account of the suit patent IN '301...
Domestic Companies should file Form 10–IC for claiming Tax Reduction u/s 115BAA of the Income Tax Act: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that for claiming reduction under section 115BAA of Income Tax Act the domestic companies should file form 10-IC within the...
![Domestic Companies should file Form 10–IC for claiming Tax Reduction u/s 115BAA of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Domestic-companies-Tax-Tax-Reduction-Income-Tax-Act-Income-Tax-Taxscan.jpg "Domestic Companies should file Form 10–IC for claiming Tax Reduction u/s 115BAA of the Income Tax Act: ITAT [Read Order]")
MCA issues Clarification on mandating Companies to round off Figures appearing in Financial Statements
The Ministry of Corporate Affairs ( MCA ) has issued a clarification on mandating Companies to round off the Figures appearing in Financial Statements. The MCA has said that, Amendment to Schedule...
MCA amends Companies (Acceptance of Deposit) Rules, 2014 for Acceptance of money by way of Deposit/Loan from Public [Read Notification]
The Ministry of Corporate Affairs (MCA) vide its notification dated 29th August 2022 has amended Rule 16 of Companies (Acceptance of Deposit) Rules, 2014 regarding the return of the deposit to be...
![MCA amends Companies (Acceptance of Deposit) Rules, 2014 for Acceptance of money by way of Deposit/Loan from Public [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/MCA-Companies-Deposit-Loan-from-Public-taxscan.jpg "MCA amends Companies (Acceptance of Deposit) Rules, 2014 for Acceptance of money by way of Deposit/Loan from Public [Read Notification]")