Amount invested in a Joint Venture by an Investor or Promoter is not Financial Debt

What is ‘Financial Debt’? Who is a ‘Financial Creditor’? How can a Financial Creditor initiate Corporate Insolvency Resolution Process (CIRP)? What is a Joint Venture? Is the amount invested in a Joint Venture project by the Promoter or Investor, considered a Financial Read More

Misconduct of CA found in SUO MOTO verification by Income Tax

Court /Authority Name- NEFRA (National Financial Reporting Authority) videOrder No-001/2024 ,U/s 132(4) (C ) of The Company Act 2013Key Issue- Procedural Misconduct (Income Tax Act & Company Act)Subject- Misconduct of CA found in SUO MOTO verification by Income TaxDepartment (Investigation)Adjudicated by- Mr Read More