The Nominee Shareholder Structure That Was Quietly Illegal All Along When Dev Malhotra established an overseas company nearly a decade ago, the incorporation agent suggested a nominee shareholder. The nominee’s name appeared on the foreign company’s register, while Dev...
The Contingent Liability Nobody Disclosed — Until the Auditor Asked for the Contract When Aarav Manufacturing Private Limited prepared its annual financial statements, management believed all major liabilities had been recorded. Trade payables were reconciled, bank balances were confi...
Why His GST Registration Got Stuck at the Biometric Verification Step When Aditya Sharma launched his trading business, he expected GST registration to be a straightforward online exercise. His consultant submitted Form GST REG-01, uploaded the required documents and co...
Same Income, Two NRIs, Two Completely Different Tax Bills — Here's Why Rohan and Vikram live in the same foreign country and each receives ₹24 lakh annually from India: ₹18 lakh in rent from a residential property and ₹6 lakh in interest from an NRO account. Their income...
7 Tax Deadlines Between Now and December Most Business Owners Don’t Know Exist Most business owners remember monthly GST returns and salary-related TDS. The deadlines most likely to be missed, however, are often the annual or transaction-specific filings handled outside the regu...
The Bonus Structure That Was Quietly Pushing a Founder Into a Higher Tax Bracket Every Year Rohan Mehta, the founder of a growing technology company, had followed the same compensation model for nearly six years. He received a reasonable monthly salary and a large performance bonus after the...
Research Analyst Registration Expired: SEBI Issues Summary-Proceedings Notice to Wilson Financial Services The Securities and Exchange Board of India (SEBI) has issued a notice to Wilson Financial Services Private Limited after observing that the company failed to pay the prescribed fee required to keep it...
₹5 Lakh Penalty Set Aside: SEBI Drops Manipulation Case After Finding No Intent or Meaningful Market Impact The Securities and Exchange Board of India (SEBI) has disposed of adjudication proceedings against Shreedhar Yellaiah Kodam in a long-running case concerning alleged manipulation in the shares of Well...
₹1.51 Crore SEBI Settlement: Five Adani Group Companies Settle Disclosure and Audit-Compliance Proceedings The Securities and Exchange Board of India (SEBI) has disposed of adjudication proceedings against five Adani Group companies after receiving combined settlement payments of ₹1,50,80,000 , equivalent ...
The ₹70 Lakh Pass-Through Order: What a Recent GSTAT Ruling Means for Businesses Passing on Tax Cuts A recent Goods and Services Tax Appellate Tribunal ruling offers an important lesson for businesses dealing with tax-rate reductions or additional input tax credit: the scope of an anti-profiteering i...
The Frequently Traded Share That Wasn’t Priced the Way He Expected Raghav, the founder of a listed manufacturing company, wanted to raise growth capital from a strategic investor. The company’s shares were trading at approximately ₹108, and both sides had tentatively...
Property Fraud Investigation: ED Arrests Amit Ganguly in Case Linked to Around 23 FIRs The Directorate of Enforcement (ED), Kolkata Zonal Office, has arrested Amit Ganguly, Director of Ganguly Home Search Private Limited, in connection with an alleged property-related money-laundering c...
