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News, Blog, GST & Customs

September 4, 2024

ITC Is Eligible on Repairs, Refurbishment, and Other Business Expenses for Dealer in Second-Hand Goods | AAR (Kerala)

Case Details: Royaldrive Pre Owned … Continue reading “ITC Is Eligible on Repairs, Refurbishment, and Other Business Expenses for Dealer in Second-Hand Goods | AAR (Kerala)”

Blog, News, GST & Customs

September 3, 2024

Proceedings Not Vitiated If Notice Not Uploaded on Common Portal but Served by Other Means | HC

Case Details: Messers Sreema Rice … Continue reading “Proceedings Not Vitiated If Notice Not Uploaded on Common Portal but Served by Other Means | HC”

Blog, News, GST & Customs

September 3, 2024

Matter to Be Remanded Since ITC Denied Without Any Finding That Supplier Didn’t Discharge Tax Liability | HC

Case Details: Hanuman Industrial Corporation … Continue reading “Matter to Be Remanded Since ITC Denied Without Any Finding That Supplier Didn’t Discharge Tax Liability | HC”

Blog, News, Income Tax

September 3, 2024

[Opinion] Applicability of Section 87A in Cases Where Total Income Exceeds Rs. 7 Lakhs

CA V K Subramani – … Continue reading “[Opinion] Applicability of Section 87A in Cases Where Total Income Exceeds Rs. 7 Lakhs”

News, Blog, Account & Audit

September 3, 2024

Tax Audit Checklist on Clause 26 of Form 3CD Under the Income Tax Act, 1961

Clause 26 of Form 3CD … Continue reading “Tax Audit Checklist on Clause 26 of Form 3CD Under the Income Tax Act, 1961”

Blog, News, Company Law

September 3, 2024

[Opinion] Business Beyond Bounds | ROC Penalizes Company and Its Directors for Operating Outside MOA

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] Business Beyond Bounds | ROC Penalizes Company and Its Directors for Operating Outside MOA”

Blog, News, FEMA & Banking

September 3, 2024

SAFEMA Affirms FERA Penalty for Unauthorized Payments as Lack of Final Hearing Doesn’t Breach Natural Justice

Case Details: Nand Lal Sarawogi … Continue reading “SAFEMA Affirms FERA Penalty for Unauthorized Payments as Lack of Final Hearing Doesn’t Breach Natural Justice”

Blog, News, International Tax

September 3, 2024

No Dependent Agency PE Can Be Said to Be Constituted If There Was No Transaction Between Two Entities | ITAT

Case Details: Western Digital Technologies … Continue reading “No Dependent Agency PE Can Be Said to Be Constituted If There Was No Transaction Between Two Entities | ITAT”

Blog, News, Income Tax

September 2, 2024

CBDT Launches e-DRS 2022 to Minimize Litigation and Offer Relief to Eligible Taxpayers

Press Release, dated 30-08-2024 The … Continue reading “CBDT Launches e-DRS 2022 to Minimize Litigation and Offer Relief to Eligible Taxpayers”

Blog, News, International Tax

September 2, 2024

Delhi HC Overrules AAR Ruling | Allows Capital Gain Exemption to ‘Tiger Global’ on Sale of Its Stake in Flipkart

Case Details: Tiger Global International … Continue reading “Delhi HC Overrules AAR Ruling | Allows Capital Gain Exemption to ‘Tiger Global’ on Sale of Its Stake in Flipkart”