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SKP Business Consulting LLP
Evolving Transfer Pricing Regulations in India
SKP Business Consulting LLP
In a recent judgment, Honorable Delhi High Court read down the powers of the Central Government in notifying Income Computation and Disclosure Standards which conflict the principles of taxation ...
Khurana and Khurana
Mischief rule is pertains to interpretation of statutes, and is applied by Courts when there is a conflict between two laws or provisions of law on interpreting it by the words ...
S.S. Rana & Co. Advocates
Insolvency and Bankruptcy Code, 2016, (hereinafter referred to as "IBC") has been introduced by the Government of India in 2016, as an Act to consolidate and amend the laws relating to reorganization...
S.S. Rana & Co. Advocates
The Supreme Court of India has recently issued notice to the Ministries of Finance, Law and Justice, Information Technology, market regulators Securities and Exchange Board of India and ...
IndusLaw
The Ministry of Corporate Affairs notified the Companies (Restriction on Number of Layers) Rules, 2017 (the "Rules") on September 20, 2017.
Trilegal
On 11 October 2017, the Reserve Bank of India (RBI) issued the RBI (Issuance and Operation of Prepaid Payment Instruments) Directions, 2017 (New Directions).
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Board of India amended regulations regarding Corporate Insolvency Resolution Process wherein it has stated that the resolution plans with respect to Section 30...
S.S. Rana & Co. Advocates
The NGT Bench inaugurated merely 18 months ago at Kochi has been shut down permanently after its functioning stopped on November 10, 2017.
Nishith Desai Associates
Sazerac Company, Inc., a U.S. headquartered spirits company has acquired a minority stake in John Distilleries, a leading liquor maker in India.
S.S. Rana & Co. Advocates
Advertisements have been an age old forms of communication to the public about the goods or services.
Clyde & Co
Clyde & Co and Clasis Law secure a landmark judgment for Doosan India from the Delhi High Court sending GMR Energy Limited back to SIAC ...
IndusLaw
Accordingly, the Director General was directed to investigate the matter.
S.S. Rana & Co. Advocates
These documents have also revealed that 714 Indian companies and individuals were listed in these documents.
S.S. Rana & Co. Advocates
The resolution plan should come from resolution professional or any person, who can really rescue the insolvent business
S.S. Rana & Co. Advocates
The Court also gave a direction to the Authority to remove and clear all the waste that were dumped from the site within reasonable time.
Vaish Associates Advocates
As per section 145 of the Income Tax Act, 1961 (‘the Act'), income of an assessee chargeable to tax under the head "Profits and gains of business and profession" is determined as per the method of accounting consistently followed by an assessee.
Khaitan & Co
On 1 November 2017 the Ministry of Civil Aviation released the draft norms / civil aviation requirements (CARs) for permitting operation of civil remotely piloted aircraft (RPA) systems, commonly known as ‘drones'.
S.S. Rana & Co. Advocates
The Ministry of Corporate Affairs (hereinafter referred to as the 'MCA') issued a press release1 on November 5, 2017, wherein it stated that it has struck down around 2.24 lakh companies...
S.S. Rana & Co. Advocates
The Ministry of Home Affairs (hereinafter referred to as the "MHA") has amended the Arms Rules, 2016 (hereinafter referred to as the "Parent Rules) vide notification G.S.R. 1342(E) dated October 27, 2017, ...
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Khaitan & Co
The Principal Act provides for the mandatory annual payment of bonus to eligible employees of establishments which employ 20 or more persons.
Khaitan & Co
The MB Amendment Act regulates paid maternity leave entitlement and other related benefits for women employed in factories, mines and shops or commercial establishments employing 10 or more employees.
Khaitan & Co
The Government introduced a new GST Rule 120A vide Notification No. 34/2017- Central Tax dated 15 September 2017 (‘Notification').
Trilegal
On 31 December 2015 the President gave his assent to certain amendments to the Payment of Bonus Act, 1965. The amendments have increased the wage threshold for determining applicability of the Act from INR 10,000 to INR 21,000 per month.
Trilegal
Starting 1 January 2017, employers will need to make contributions under the ESI Act for a larger pool of employees since the wage ceiling for applicability of this statute has been increased...
Trilegal
The Insolvency and Bankruptcy Code passed by the Parliament is a welcome overhaul of the existing framework dealing with insolvency of corporates, individuals, partnerships and other entities.
Singh & Associates
The Ministry of Corporate Affairs ("MCA") vide Notification1 dated 26.12.2016 notified Section 248 to 252 of the Companies Act, 2013 ("Act") and revised the process of striking off the name of the company...
Singhania & Partners LLP, Solicitors and Advocates
The central legislature of India had promulgated a legislation Child and Adolescent Labour (Prohibition and Regulation) Act, 1986 ("CL Act") to regulate the child labour practices in India.
Phoenix Legal
The (Indian) Companies Act, 2013 (2013 Act) which replaced the (Indian) Companies Act, 1956 (1956 Act) brought significant changes for private limited companies.
ALMT Legal
The latest amendment to the Payment of Bonus Act, 1965 ("Principal Act") has come into effect through the Payment of Bonus (Amendment) Act, 2015 ("Amendment").
Khaitan & Co
Historically, the Hindu Succession Act, 1956 (HSA), did not confer any rights on a daughter to the ancestral property of her father.
Singh & Associates
Section 232 of the Indian Contract Act, 1872 ("Act"), enumerates of three issues, i.e. consideration for the agreement, the object of the agreement and the agreement per se.
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