TMI Short Notes

TMI Short Notes on various issues

501. Deduction of Bad Debts: Supreme Court's Ruling on Section 36 Compliance and alternative claim u/s 37

     ---

502. Principal-Agent Relationship in Telecom Sector and TDS u/s 194H: A Supreme Court Verdict

     ---

503. Procedural Compliance vs. Substantive Justice: Balancing Procedural Rigidity and Transitional Hardships in Section 80G Approvals

     ---

504. Maximizing Value in Insolvency: NCLAT Upholds CoC's Right to Negotiate Post-Challenge Mechanism

     ---

505. Supreme Court Clarifies Limitation Period for Appeals before NCLAT under IBC in the Digital Age: E-filing and Limitation Periods

     ---

506. Navigating the Bounds of Tax Law: Supreme Court's Verdict on Section 153-C Assessments

     ---

507. The Delhi High Court's Guiding Light on Post-Search Tax Assessments: Application of Section 153C, powers of tax authorities and the rights of assessees.

     ---

508. Navigating Legal and Procedural Hurdles: A Charitable Institution's Quest for Tax Exemption and Registration u/s 12A and 80G

     ---

509. Supreme Court Clarifies Jurisdictional Objections in Tax Assessments: A Landmark Order

     ---

510. Invalid Notices and the Importance of Proper Jurisdiction: Lessons from a High-Profile Tax Case

     ---

511. Upholding Precedent: Supreme Court's Stance on Taxation of Cross-Border Software Payments (Royalty)

     ---

512. The Cross-Border Software Purchase Conundrum: Supreme Court's Clarification on TDS for Non-Resident Software Transactions as Royalty

     ---

513. Ensuring Justice in GST Registration Cancellations: A Landmark High Court Ruling

     ---

514. Limitation Period in Insolvency Appeals: A Step Towards Legal Clarity for determination of relevant date and Condonation of delay in filing an appeal.

     ---

515. Navigating Trade Restrictions: India's Stance on North Korea Exports and Imports

     ---

516. Deadline Adherence in Insolvency Claims: The Supreme Court on Enforcing Arbitration Awards Amidst Insolvency

     ---

517. Resolution Plan Approvals: The Supreme Court's Clarification on NCLT and NCLAT's Jurisdiction in Insolvency Resolution.

     ---

518. Navigating Tax Exemptions u/s 80P: The Supreme Court's Verdict on Cooperative Societies vs. Banks

     ---

519. Supreme Court Verdict on Pre-Import Condition and IGST Exemptions: A Legal Analysis

     ---

520. Understanding Beneficial Ownership: A Landmark Admiralty Case in India

     ---

521. Beneficial Ownership, Beyond Baggage in Customs Law: Seizure of foreign currency

     ---

522. Expanding Trade Horizons: The 2023 Amendment to SEZ Rules for Gem and Jewellery Units

     ---

523. The Significance of Signature: A Landmark Decision on GST Assessment Orders

     ---

524. Principles of Natural Justice in Tax Litigation: Unraveling the Significance of Cross-Examination Rights in Tax Cases

     ---

525. Deadline Extension for Processing E-Filed Tax Returns: Refund Claims on Income Tax Returns

     ---

526. Deadline Extended for Pharmaceutical Track and Trace System Implementation

     ---

527. MCA Announces Establishment of Central Processing Centre at IMT Manesar

     ---

528. Export Obligation Compliance: Detailed SOPs for EPCG and Advance Authorization Holders
     1 Comment

     ---

529. IBBI Circular Update: Key Takeaways for Insolvency Professionals and Stakeholders

     ---

530. Modes of filing of ITR: Amendments to Rule 12 of the Income Tax Rules 1962

     ---

531. Finance Bill, 2024 Insights: The Expansion of Input Service Distributor's (ISD) Role in GST
     1 Comment

     ---

532. Understanding Burden of Proof in Cheque Bounce Cases: Insights from a Landmark Judgment

     ---

533. Analysis of Vicarious Liability under Section 141 of the NI Act in Partnership Firms: Liability in Cheque Bounce Cases

     ---

534. Navigating Legal Timelines: The Impact of Incomplete ITBA Orders on Appeal Limitations.

     ---

535. Navigating the Thin Line Between Charity and Commerce: Amendment of Trust Deed and Compliance with Section 13(1)(c)

     ---

536. Changing Objectives of Registered Societies: Exemption u/s 11 and survival of the Registration u/s 12A r.w.s 12AA

     ---

537. Judicial Scrutiny of Residential Status and Jurisdictional Shift in Income Tax Cases

     ---

538. Scrutinizing the Genuineness of Gifts in Income Tax Law: Taxability of Gift u/s 68

     ---

539. Interpreting TDS Liability u/s 194-I against Lease Payments: A Legal Analysis of Security Deposit vs. Rent for Tax Purposes

     ---

540. Analyzing GST Implications on Free of Cost Supplies in Service Agreements: A Case Study

     ---

541. Evaluating Jurisdictional Validity in Taxation: The Significance of Draft Assessment Orders under Section 144C

     ---

542. Breaking Down the Supreme Court's Decision on Double Taxation Avoidance Agreements

     ---

543. Balancing Sovereignty and Law: India's Treaty-Making Powers and Domestic Enforcement

     ---

544. Navigating DTAAs: A Comparative Analysis of India, Netherlands, France, and Switzerland

     ---

545. The OECD Membership Puzzle: Interpreting 'Is' in Double Taxation Agreements

     ---

546. The Dual Life of Treaties: Understanding Their Enforcement in Indian Law

     ---

547. Bail, Arrest, and Rights: A Close Look at Recent PMLA Judgment

     ---

548. Classifying Data Collection Devices in Import Regulations: The Kronos 4500 Touch ID Terminal Case

     ---

549. The Power to Rectify versus Power to review of assessment order: Tax Assessments

     ---

550. From Land Transactions to Money Laundering: A Legal Odyssey

     ---

1 ....789101112131415........ 33