Navigating Section 192 of the Companies Act 2013: Restrictions on Non-Cash Transactions Involving Directors
Section 192 of the Companies Act 2013 plays a crucial role in regulating transactions between a company and its directors, particularly those involving non-cash...
Understanding Section 144B: The Framework of the Faceless Assessment Scheme
The Faceless Assessment Scheme under Section 144B of the Income Tax Act is a significant reform in India’s tax administration aimed at improving transparency...
Understanding Section 53 of the Insolvency and Bankruptcy Code (IBC)
Section 53 of the Insolvency and Bankruptcy Code (IBC) outlines the distribution of assets upon the liquidation of a company. This provision is crucial...
Understanding Section 50 of the CGST Act, 2017
The Central Goods and Services Tax (CGST) Act, 2017, is a cornerstone of India’s comprehensive tax reform aimed at unifying and simplifying the tax...
What Is a Probate Attorney? Simplifying the Basics
Probate is a legal procedure that frequently occurs after an individual passes away, encompassing the allocation of their assets and the resolution of any...