“Proof of Origin” means a certificate or declaration issued in accordance with a trade agreement certifying or declaring, as the case may be, that the goods fulfil the country of origin criteria and ...

Held that once the luggage / bag which accompanies an individual arriving from a domestic airport in India, during the aircrafts domestic run, is intercepted by the officers at the Chennai domestic ...

Introduction: In India, the Limited Liability Partnership (LLP) model has gained popularity due to its hybrid structure that ...

Summary: The conversion of a partnership firm into a Limited Liability Partnership (LLP) is governed by Section 55 and the Second Schedule of the LLP Act, 2008 along with LLP Rules, 2009. Many firms ...

Although the guidance note was published in August 2023, the new balance sheet format became effective from FY 2024-25. It means that professionals and non-corporate entities are expected to adopt the ...

Telangana High Court directed payment of interest @ 6% for non-payment of principal amount as directed by the Court for price adjustment towards Labour and other material. Notably, interest is payable ...

ITAT Delhi held that property purchased in the name of mother out of sale consideration of property inherited by mother and son is allowed as deduction u/s. 54F to son since entire sale consideration ...

This article explores the legal framework, relevant case law, a positive judgment, the pros and cons of Sections 80GGB & 80GGC deductions for Political ...

Delhi High Court held that Eating House Registration/ License shall be deemed to be duly registered until its registration certificate is duly renewed OR renewal has been refused in terms of para-6 ...

Supreme Court held that State Government cannot frame rules in exercise of power under Section 13 (3) of the Central Sales Tax Act, 1956 which will be inconsistent with the rules framed by the Central ...

2. Section 194T uses the term “ Partner ” and does not specify the same as working or non-working. Thus the distinction ...

Convertible Note (“CN”) is an attractive financing instruments for early stage funding of Startups due to its flexibility and ...