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Blog, News, GST & Customs

September 5, 2024

New Advisory on Reporting of Supplies to Un-registered Dealers in GSTR-1/GSTR-5 | GSTN Update

GST Update dated September 3rd, … Continue reading “New Advisory on Reporting of Supplies to Un-registered Dealers in GSTR-1/GSTR-5 | GSTN Update”

Blog, News, GST & Customs

September 5, 2024

Dept. Should Provide Copy of Replies and SCN to Enable Petitioner to Pursue Its Appellate Remedy | HC

Case Details: Nishant Tandon v. … Continue reading “Dept. Should Provide Copy of Replies and SCN to Enable Petitioner to Pursue Its Appellate Remedy | HC”

News, Blog, Income Tax

September 5, 2024

LIC Mutual Fund Isn’t Public Financial Institution | Interest Payable to It Isn’t Covered by Section 43B | HC

Case Details: V2 Retail Ltd. … Continue reading “LIC Mutual Fund Isn’t Public Financial Institution | Interest Payable to It Isn’t Covered by Section 43B | HC”

Blog, News, Income Tax

September 5, 2024

[Opinion] Gift by Companies | An Analysis of Amendment to Section 47(iii) of the IT Act

Bharathi Krishnaprasad & Varshini U … Continue reading “[Opinion] Gift by Companies | An Analysis of Amendment to Section 47(iii) of the IT Act”

Blog, News, Insolvency and Bankruptcy Code

September 5, 2024

NCLAT Dismisses Income-Tax Dept.’s Claim for Outstanding Income Tax as It Was Filed Post-Approval of Resolution Plan

Case Details: Assistant Commissioner of … Continue reading “NCLAT Dismisses Income-Tax Dept.’s Claim for Outstanding Income Tax as It Was Filed Post-Approval of Resolution Plan”

Blog, News, Income Tax

September 5, 2024

[Opinion] Budget 2024 | Rationalization of Re-Assessment Provisions

CA Tanmay Jain – [2024] … Continue reading “[Opinion] Budget 2024 | Rationalization of Re-Assessment Provisions”

Blog, News, Income Tax

September 5, 2024

SetCom’s Order Accepting Explanation of Gifts Received from Friends and Relatives Couldn’t Be Faulted | HC

Case Details: Principal Commissioner of … Continue reading “SetCom’s Order Accepting Explanation of Gifts Received from Friends and Relatives Couldn’t Be Faulted | HC”

Blog, News, Company Law

September 4, 2024

NCLAT Upholds Ineligibility of Appellant-SRA to Submit a Resolution Plan as He Was Barred from Securities Market by SEBI

Case Details: Aggarsain Spinners Ltd. … Continue reading “NCLAT Upholds Ineligibility of Appellant-SRA to Submit a Resolution Plan as He Was Barred from Securities Market by SEBI”

Blog, News, Account & Audit

September 4, 2024

Key Areas of Non-Compliance Identified by AASB in Financial Statement Audits

The Auditing and Assurance Standards … Continue reading “Key Areas of Non-Compliance Identified by AASB in Financial Statement Audits”

News, Blog, GST & Customs

September 4, 2024

SCN Was Not Illegal Where Proper Scrutiny Procedure u/s 61 Was Followed Including Issuance of Discrepancy Notice | HC

Case Details: PepsiCo India Holdings … Continue reading “SCN Was Not Illegal Where Proper Scrutiny Procedure u/s 61 Was Followed Including Issuance of Discrepancy Notice | HC”