News

Blog, News, GST & Customs

January 7, 2025

[Opinion] Guidance on Input Tax Credit Utilization by E-Commerce Operators Liable to Pay Tax u/s 9(5) of the CGST Act

Kishore Kumar – [2025] 170 … Continue reading “[Opinion] Guidance on Input Tax Credit Utilization by E-Commerce Operators Liable to Pay Tax u/s 9(5) of the CGST Act”

Blog, News, GST & Customs

January 7, 2025

Penalty u/s 129(1)(b) to Be Set Aside as Invoice and E-Way Bills Contained Name of Firm Which is Sufficient to Prove Ownership of Goods | HC

Case Details: Vishal Chobia v. … Continue reading “Penalty u/s 129(1)(b) to Be Set Aside as Invoice and E-Way Bills Contained Name of Firm Which is Sufficient to Prove Ownership of Goods | HC”

Blog, News, Company Law

January 7, 2025

SEBI’s Order Restraining Appellant, Chairman of Company ‘P,’ Unsustainable as No Specific Statutory Violation Was Imputed | SAT

Case Details: Rajib Kumar Mishra … Continue reading “SEBI’s Order Restraining Appellant, Chairman of Company ‘P,’ Unsustainable as No Specific Statutory Violation Was Imputed | SAT”

News, Blog, International Tax

January 7, 2025

[World Tax News] Thailand to Allow Tax Deduction on Shopping to Boost Domestic Spending and More

Editorial Team – [2025] 170 … Continue reading “[World Tax News] Thailand to Allow Tax Deduction on Shopping to Boost Domestic Spending and More”

Blog, News, Income Tax

January 7, 2025

No TDS on Payment Received by ‘NCGTC’ & Credit Guarantee Fund Managed by ‘NCGTC’ | CBDT

Notification F. No. 1/2025 & … Continue reading “No TDS on Payment Received by ‘NCGTC’ & Credit Guarantee Fund Managed by ‘NCGTC’ | CBDT”

Blog, News, Income Tax

January 7, 2025

No TDS u/s 194Q on Goods Purchased From IFSC if Seller Opts for Sec. 80LA Relief | CBDT

Notification No. 3/2025, dated 02-01-2025 … Continue reading “No TDS u/s 194Q on Goods Purchased From IFSC if Seller Opts for Sec. 80LA Relief | CBDT”

Blog, News, GST & Customs

January 7, 2025

Negative Blocking of Credit is Permissible Where Assessee’s ECL Had Been Blocked Without Availability of Any Credit | HC

Case Details: Tvl. Skanthaguru Innovations … Continue reading “Negative Blocking of Credit is Permissible Where Assessee’s ECL Had Been Blocked Without Availability of Any Credit | HC”

Blog, News, Company Law

January 4, 2025

SEBI Introduces ‘MF Lite Framework’ for Passive Mutual Fund Schemes to Reduce Entry Barriers and Compliance Costs

Circular No. SEBI/HO/IMD/PoD2/P/CIR/2024/183, Dated 31.12.2024 … Continue reading “SEBI Introduces ‘MF Lite Framework’ for Passive Mutual Fund Schemes to Reduce Entry Barriers and Compliance Costs”

Blog, News, FEMA & Banking

January 4, 2025

Government Clarifies that Foreign-Contribution Related TDS Refund Received in Non-FCRA A/c Must Be Transferred to FCRA A/c

Public Notice Ministry of Home … Continue reading “Government Clarifies that Foreign-Contribution Related TDS Refund Received in Non-FCRA A/c Must Be Transferred to FCRA A/c”

Blog, News, FEMA & Banking

January 4, 2025

RBI Issues Guidelines for Regulated Entities on Debt Relief Schemes to Ensure Financial Discipline

Circular No. RBI/2024-25/100 DOR.STR.REC.54/21.04.048/2024-25, Dated … Continue reading “RBI Issues Guidelines for Regulated Entities on Debt Relief Schemes to Ensure Financial Discipline”