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News, Blog, GST & Customs

January 3, 2025

[Global IDT Insights] UAE Provides VAT exemption to Virtual Assets Including Cryptocurrencies & Others

Editorial Team – [2024] 169 … Continue reading “[Global IDT Insights] UAE Provides VAT exemption to Virtual Assets Including Cryptocurrencies & Others”

Blog, News, Income Tax

January 2, 2025

Write-Off of Deposits With Bank Whose License Was Cancelled by RBI Allowed as Deduction u/s 37 | ITAT

Case Details: Surat National Co.op … Continue reading “Write-Off of Deposits With Bank Whose License Was Cancelled by RBI Allowed as Deduction u/s 37 | ITAT”

Blog, News, Insolvency and Bankruptcy Code

January 2, 2025

Personal Guarantor’s Acknowledgment of Default Justifies Creditor’s Sec. 95 Plea for Insolvency Process Initiation | NCLT

Case Details: State Bank of … Continue reading “Personal Guarantor’s Acknowledgment of Default Justifies Creditor’s Sec. 95 Plea for Insolvency Process Initiation | NCLT”

Blog, News, FEMA & Banking

January 2, 2025

Pre-Crime Property Attachment Upheld as Appellant Diverted and Layered Crime Proceeds to Group Cos. | SAFEMA-AT

Case Details: Rakesh Kumar Tandon … Continue reading “Pre-Crime Property Attachment Upheld as Appellant Diverted and Layered Crime Proceeds to Group Cos. | SAFEMA-AT”

News, Blog, Account & Audit

January 2, 2025

[Opinion] Auditing Vendor Payments | Key Area of Concern

CA Nitin Sharma & Rehansh … Continue reading “[Opinion] Auditing Vendor Payments | Key Area of Concern”

Blog, News, Income Tax

January 2, 2025

[Opinion] Analysis of Provisions of Section 80GGC Regarding Donations To Political Parties

CA Kaushik D. Shah – … Continue reading “[Opinion] Analysis of Provisions of Section 80GGC Regarding Donations To Political Parties”

Blog, News, GST & Customs

January 2, 2025

GST SPL 02 is Made Available in the GST Portal | GSTN Update

GSTN Update dated December 29th, … Continue reading “GST SPL 02 is Made Available in the GST Portal | GSTN Update”

Blog, News, GST & Customs

January 2, 2025

No Relief to Be Granted for 403 Days Delay in Filing Appeal Against Cancellation of GST Registration

Case Details: Pragati Bio & … Continue reading “No Relief to Be Granted for 403 Days Delay in Filing Appeal Against Cancellation of GST Registration”

Blog, News, GST & Customs

January 2, 2025

[Opinion] Exclusion of Composition Dealers from Reverse Charge Mechanism (RCM) on Renting of Commercial Property

R. Muthukumaran – [2024] 169 … Continue reading “[Opinion] Exclusion of Composition Dealers from Reverse Charge Mechanism (RCM) on Renting of Commercial Property”

Blog, News, Income Tax

December 30, 2024

Sec. 54F Relief Available Even if New House is Purchased in Name of Wife Who is Separately Assessed | ITAT

Case Details: Vidjayane Durairaj – … Continue reading “Sec. 54F Relief Available Even if New House is Purchased in Name of Wife Who is Separately Assessed | ITAT”