Key Updates on Tax & Corporate Law: 29 January 2025

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Recent Updates on Income Tax, GST, and Corporate Law – 29 January 2025 Income Tax Update 1: CBDT Notification No. 10/2025 – Key Amendments for Venture Capital Funds, Finance Companies, Retail Schemes, and ETFs in IFSCs The Ministry of Finance, …

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Key Updates on Tax & Corporate-Law: 27 January 2025

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Recent Updates on Income-tax, GST & Corporate Law – January 27, 2025 Income-Tax Update-1: A Sukanya Samriddhi account can be opened by the guardian immediately after the girl child’s birth until she turns 10 years old. The scheme is exclusively …

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Key Updates on Tax & Corporate-Law : 26 January 2025

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Latest Updates on Income-Tax, GST & Corporate-Law: January 26, 2025 Income-Tax Update-1: The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT), in the case of Bosch Automotive Electronics, held that the failure to prove benefit alone cannot be accepted …

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Supreme Court Urges RBI to Standardize Title Reports for Property Loans

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The supreme court also proposed standardizing fees for title search reports to ensure their quality. In a significant move to safeguard public funds and reinforce trust in the banking sector, the Supreme Court has urged the Reserve Bank of India …

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Dematerialization of Shares by Section 8 Companies as per Companies Act 2013

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Rule 9B of the Companies Act, 2013, specifies that after September 30, 2024, securities of Section 8 companies can only be transferred in dematerialized form. Dematerialization of Shares by Section 8 Companies: The Ministry of Corporate Affairs (MCA) issued a …

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Accountability for ensuring ‘True and Fair View’ in Financial Statements: A Complex Responsibility

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The accountability for ensuring ‘true and fair view’ in financial statements is now shared among all stakeholders, including the CFO, auditors, audit committees, and Board members. With SEBI and NFRA tightening the regulatory framework, stakeholders can no longer afford to take compliance lightly.

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