Begin typing your search above and press return to search.
IBBI amends IBBI (Liquidation Process) Regulations, 2016
The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment)...
Rules Relating to Arrest of Person during Investigation under Companies Act Notified [Read Notification]
The Central Government notified the Rules relating to arrest of persons in connection with investigation under the Companies Act, 2013. The Notification released on Thursday stated that the Director,...
AO cannot alter the profit declared in the Audited Account prepared under Companies Act for the purpose of sec. 115JB: Bombay HC [Read Judgment]
In CIT v. M/s. Century Textiles and Industries Ltd., the division bench of the Bombay High Court held that the AO cannot alter the profit declared in the audited account prepared under the Companies...
![AO cannot alter the profit declared in the Audited Account prepared under Companies Act for the purpose of sec. 115JB: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "AO cannot alter the profit declared in the Audited Account prepared under Companies Act for the purpose of sec. 115JB: Bombay HC [Read Judgment]")
Part of the Sale consideration paid directly to the shareholders is come under the head 'Capital Gains'; Delhi HC [Read Judgment]
The division bench comprising of Justice Vibhu Bakhru and Justice S.Muralidhar held that, the part of the sale consideration paid directly to the shareholders shall come under the head 'Capital...
