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tax notice: Keep taxpayers in the loop before you act: Court to Income Tax dept

Quashing a November 2022 show-cause notice against Munjal BCU Centre of Innovation and Entrepreneurship, The Punjab and Haryana High Court said "it is essential that before any action is taken, a communication of the notice must be in terms of the provisions" of the law that provides for a method and manner of service of notice and orders. "The provisions do not mention communication to be "presumed" by placing notice on the e-portal," said the order given a month ago.

Haryana , India , Mumbai , Maharashtra , Ludhiana , Punjab , Paras-savla , Ashish-mehta , Income-tax-department , High-court , Haryana-high-court , Partner-at-khaitan-co

Khaitan Partner Indruj Rai leaves firm to start counsel practice

Rai has also been empaneled as a Senior Standing Counsel for the Income Tax Department before the Delhi High Court.

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RBI tweaks rules about investment in alternative investment funds

In December 2023, the RBI had restricted banks and NBFCs from investing in AIFs, which have downstream investments in debtor companies. It said if banks or NBFCs had investments in AIFs, they were given 30 days to liquidate their holdings or make 100% provisions against them.

India , Jyoti-prakash-gadia , Siddarth-pai , Siddharth-shah , Dipen-ruparelia , National-housing-bank , Banking-financial-companies , Housing-finance-companies , Partner-at-khaitan-co , Investment-fund , Fintech-fund , Piramal-enterprises

RBI breather for lenders on AIF investments - The Hindu BusinessLine

RBI breather for lenders on AIF investments - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India , Karthik-srinivasan , Gopal-srinivasan , Siddarth-pai , Siddharth-shah , Regulatory-affairs-committee , Twitter , Linkedin , Group-head , Partner-at-khaitan-co , Facebook , Reserve-bank

Labour codes to take effect soon after polls: Official

Labour codes to take effect soon after polls: Official
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Nagaland , India , Lakshadweep , Pv-ramana-murthy , Rituparna-chakraborty , Anshul-prakash , Partner-at-khaitan-co , Vv-giri-national-labour-institute , West-bengal , Social-security , Occupational-safety , Working-conditions-code

G2G releases list of 24 influential people in real money gaming in 2024 [download now]

G2G releases list of 24 influential people in real money gaming in 2024 [download now]
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Work likely to get affected as SAT now has only one member

The functioning of SAT which hears appeals against orders by the capital markets regulator is likely to be affected after the retirement of the presiding officer. SAT has a sanctioned strength of three judges. The lack of a presiding officer will lead to an increase in litigation as appeals filed before SAT against adjudication orders passed by Sebi will remain pending, said securities lawyers.

India , Bombay , Maharashtra , Vinay-chauhan , Meera-swarup , Tomu-francis , Justice-tarun-agarwala , Jitendra-motwani , Justice-dy-chandrachud , Justice-mt-joshi , Supreme-court , Partner-at-khaitan-co

Work likely to get affected as SAT now has only one member

The functioning of SAT which hears appeals against orders by the capital markets regulator is likely to be affected after the retirement of the presiding officer. SAT has a sanctioned strength of three judges. The lack of a presiding officer will lead to an increase in litigation as appeals filed before SAT against adjudication orders passed by Sebi will remain pending, said securities lawyers.

Bombay , Maharashtra , India , Justice-tarun-agarwala , Tomu-francis , Vinay-chauhan , Justice-mt-joshi , Jitendra-motwani , Justice-dy-chandrachud , Meera-swarup , Supreme-court , Partner-at-khaitan-co

Muzzling media, intruding privacy

Muzzling media, intruding privacy
orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.

China , Orissa , India , Bhubaneswar , Nikhil-pahwa , Tanu-banerjee , Lok-sabha , Partner-at-khaitan-co , Supreme-court , Telecommunications-bill , Telecom-bill , Apar-gupta

Global Indian Leaders Of The Year 2023

Global Indian Leaders Of The Year 2023
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

India , Kolkata , West-bengal , Hyderabad , Andhra-pradesh , Lucknow , Uttar-pradesh , Canara , Karnataka , Niwas , Madhya-pradesh , Canada