Amended IT Rules For Social Media: Mixed Bag of Reforms?
[ad_1] Supratim Chakraborty, Partner, Khaitan & Co. One of the foremost challenges as a result of this new amendment is that intermediaries are under an obligation to resolve a wide…
Government Dues Not Inferior To Secured Creditors’ Dues, Says Supreme Court
[ad_1] Rainbow Papers went into insolvency in July 2016, and had a tax liability of around Rs 47 crore under the Gujarat Value Added Tax Act, 2003. The state filed…
AAR Allows Credit For Leasing Of Immovable Property
[ad_1] Kamarajar Port had entered into a lease agreement with Chennai Port Trust for allotment of a closed space—construction building—to be used as corporate office for business purpose for thirty…
GST Relief For Breach Of Contract, Damages
[ad_1] A much-litigated issue between the indirect tax department and businesses has received some clarity. The government has shared its view on the applicability of goods and services tax on…
SAT Overturns SEBI’s View On Ratification By Shareholders
[ad_1] Subsequent ratification by shareholders can legitimise corporate actions, the Securities Appellate Tribunal has recently said. Acts and deeds by the company would be valid if they have been approved…