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Income Tax

No Cessation Liability in Presence of Outstanding Credi...

No Cessation Liability in Presence of Outstanding Creditor’s Details

The Calcutta High Court, in the case titled PCIT Vs Soorajmul Nagarmull, passed a judgement holding that Cessation Liability is not valid in the presence...

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SEBI

Issuers of Municipal Debt Securities to Issue Green Deb...

Issuers of Municipal Debt Securities to Issue Green Debt Securities: SEBI

A green debt security can be understood as an instrument which is issued to raise money for climate and environmental projects. It is also known as Climate...

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Income Tax

Payment of Distribution Fees is not Royalty: ITAT Banga...

Payment of Distribution Fees is not Royalty: ITAT Bangalore

ITAT Bangalore passed a remarkable judgement on 19th October 2022 in the case titled M/s. Google India Private Limited Vs The Deputy Commissioner of I...

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Legal Law

Liquidator Not To Get Influenced By the Findings of MER...

Liquidator Not To Get Influenced By the Findings of MERC: NCLT

The NCLT Hyderabad Bench in the case of Punjab National Bank v. Lanco Vidarbha Thermal Power Ltd (2022) has rejected the findings of the liquidator while s...

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SEBI

SEBI Modifies Reporting Of OTC Trades in Non-Convertibl...

SEBI Modifies Reporting Of OTC Trades in Non-Convertible Securities

The OTC or over-the-counter is the trading of securities between two parties executed outside of formal exchanges & without the supervision of a stock...

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Income Tax

Applicability of Professional Tax Registration in Punja...

Applicability of Professional Tax Registration in Punjab

Professional tax is a state-level tax levied on professions and trades done in different states in India. The rate of professional tax may differ from one...

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AIF Registration

SEBI Scheme of AIF for Priority Distribution among Inve...

SEBI Scheme of AIF for Priority Distribution among Investors

The AIF or Alternative Investment Fund is a privately pooled instrument vehicle which obtains funds from the investors. The AIF protects the interests of t...

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SEBI

Guidelines on Appointment of Compliance Officers: NSE...

Guidelines on Appointment of Compliance Officers: NSE

The National Stock Exchange of India (NSE) issued a circular on 25th November 2022 stating the guidelines pertaining to the appointment of compliance offic...

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