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Blog, News, GST & Customs

April 5, 2025

Order to Be Set Aside as Assessee’s Explanation for Mismatch in GSTR-1 and GSTR-3B Was Dismissed Without Proper Reasoning | HC

Case Details: Masany Construction Equipment … Continue reading “Order to Be Set Aside as Assessee’s Explanation for Mismatch in GSTR-1 and GSTR-3B Was Dismissed Without Proper Reasoning | HC”

News, Blog, GST & Customs

April 5, 2025

HC Upheld Refund Since Circular Restricting IGST Refund Where Drawback is Claimed Cannot Override Rule 96

Case Details: Assistant Commissioner of … Continue reading “HC Upheld Refund Since Circular Restricting IGST Refund Where Drawback is Claimed Cannot Override Rule 96”

Blog, News, Company Law

April 5, 2025

Application for Reduction of Share Capital by Transferring Deceased Shares to Legal Heir Without CLB Authorization Was Dismissed | NCLT

Case Details: Ravinder Kumar Magoo … Continue reading “Application for Reduction of Share Capital by Transferring Deceased Shares to Legal Heir Without CLB Authorization Was Dismissed | NCLT”

Blog, News, Company Law

April 5, 2025

SEBI Allows Investment Advisers and Research Analysts to Charge Advance Fees for Up to One Year

Circular No. SEBI/HO/MIRSD/ MIRSD-PoD/P/CIR/2025/48, Dated: … Continue reading “SEBI Allows Investment Advisers and Research Analysts to Charge Advance Fees for Up to One Year”

Blog, News, Account & Audit

April 5, 2025

[Global Financial Insights] IFRS Foundation Releases 2024 Annual Report Highlighting Key Achievements and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] IFRS Foundation Releases 2024 Annual Report Highlighting Key Achievements and More”

Blog, News, Income Tax

April 3, 2025

No Section 56(2)(x) Additions if New Flat Was Received by Assessee in Lieu of Old Flat Surrendered by Him | ITAT

Case Details: Anil Dattaram Pitale … Continue reading “No Section 56(2)(x) Additions if New Flat Was Received by Assessee in Lieu of Old Flat Surrendered by Him | ITAT”

Blog, News, Income Tax

April 3, 2025

No Exemption Under Section 54F if Property Sold Was a Residential One Even Though It Was Let Out to a Bank | ITAT

Case Details: Jai Singh Sethia … Continue reading “No Exemption Under Section 54F if Property Sold Was a Residential One Even Though It Was Let Out to a Bank | ITAT”

Blog, News, GST & Customs

April 3, 2025

Writ Petition Disposed With Direction to Assessee to Respond to Objections Regarding Refund Rejection Within Three Weeks | HC

Case Details: Pacific Exports and … Continue reading “Writ Petition Disposed With Direction to Assessee to Respond to Objections Regarding Refund Rejection Within Three Weeks | HC”

News, Blog, GST & Customs

April 3, 2025

ITC Not to Be Denied to Purchasing Dealer on Selling Dealer’s Failure to Deposit Collected Tax | HC

Case Details: McLeod Russel India … Continue reading “ITC Not to Be Denied to Purchasing Dealer on Selling Dealer’s Failure to Deposit Collected Tax | HC”

Blog, News, FEMA & Banking

April 3, 2025

Assignment of Loan by Bank in Favour of Respondents Was Prohibited as They Were Not Recognized Transferees Under RBI Guidelines | HC

Case Details: Official Liquidator v. … Continue reading “Assignment of Loan by Bank in Favour of Respondents Was Prohibited as They Were Not Recognized Transferees Under RBI Guidelines | HC”