Belated Form 10B filing during Covid-19 cannot defeat charitable exemption where genuine hardship warrants condonation and substantial justice prevail...
Limitation for consequential assessments runs from prescribed authority receipt, while verified purchases cannot be disallowed merely for unanswered s...
Higher depreciation for qualifying commercial vehicles, exempt-income disallowance, research deduction verification, and club-expense treatment clarif...
Charitable registration renewal cannot become an assessment of receipts, profitability or annual exemption compliance, requiring renewal and donation ...
AMP expenditure for own business is not an international transaction without an associated-enterprise arrangement, eliminating transfer pricing adjust...
IBBI circular specifies the prescribed forms under the PPIRP Regulations, 2021, as amended in 2026, for filing and process compliance in pre-packaged insolvency matters. It notifies formats for written consent of the insolvency professional and authorised representative, creditor lists and claims, approvals for appointment of the resolution professional and initiation of PPIRP, directors' declarations, avoidance-transaction disclosure, the insolvency professional's report, public announcement, invitation for resolution plans, compliance certificate, and applications for termination or vesting of management with the resolution professional. The enclosed annexures set out the operative templates to be used by registered insolvency professionals, insolvency professional entities, and agencies.
IBBI circular specifies the prescribed forms under the PPIRP Regulations, 2021, as amended in 2026, for filing and process compliance in pre-packaged insolvency matters. It notifies formats for written consent of the insolvency professional and authorised representative, creditor lists and claims, approvals for appointment of the resolution professional and initiation of PPIRP, directors' declarations, avoidance-transaction disclosure, the insolvency professional's report, public announcement, invitation for resolution plans, compliance certificate, and applications for termination or vesting of management with the resolution professional. The enclosed annexures set out the operative templates to be used by registered insolvency professionals, insolvency professional entities, and agencies.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4807
Join Channel
TaxTMI 
