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Blog, News, GST & Customs

December 4, 2024

SCN Quashed for Wrong Availment of ITC as Assessee Filed Form Manually Due to Dysfunctional Portal

Case Details: Tikona Infinet (P.) … Continue reading “SCN Quashed for Wrong Availment of ITC as Assessee Filed Form Manually Due to Dysfunctional Portal”

News, Blog, GST & Customs

December 4, 2024

[Global IDT Insights] ECJ Rules on VAT Applicability for Terminated Service Contracts & Others

Editorial Team – [2024] 168 … Continue reading “[Global IDT Insights] ECJ Rules on VAT Applicability for Terminated Service Contracts & Others”

Blog, News, FEMA & Banking

December 4, 2024

RBI Directs Banks to Take Urgent Steps to Reduce Inoperative/Frozen Accounts and Simplify Activation Process

Circular no. RBI/2024-25/91 DoS.CO.PPG.SEC.12/11.01.005/2024-25; Dated: … Continue reading “RBI Directs Banks to Take Urgent Steps to Reduce Inoperative/Frozen Accounts and Simplify Activation Process”

Blog, News, Insolvency and Bankruptcy Code

December 4, 2024

IBBI Issues Guidelines Detailing the Procedure to Prepare a Panel of IPs for Roles as IRPs, Liquidators, & RPs

Guidelines Dated: 02.12.2024 To address … Continue reading “IBBI Issues Guidelines Detailing the Procedure to Prepare a Panel of IPs for Roles as IRPs, Liquidators, & RPs”

Blog, News, Income Tax

December 4, 2024

No Premature Redemption of Bonds to Ensure Financial Stability If Same Were Purchased to Claim Sec. 54EC Relief | HC

Case Details: Rakesh Kumar Saini … Continue reading “No Premature Redemption of Bonds to Ensure Financial Stability If Same Were Purchased to Claim Sec. 54EC Relief | HC”

News, Blog, Competition Law

December 4, 2024

CCI Orders Probe into Google’s Alleged Abuse of Dominance for Denying Market Access to Gaming App Developers

Case Details: Winzo Games (P.) … Continue reading “CCI Orders Probe into Google’s Alleged Abuse of Dominance for Denying Market Access to Gaming App Developers”

Blog, News, International Tax

December 4, 2024

[Opinion] How Multinationals Use Profit Shifting and Tax Havens—and What’s Being Done Globally and in India to Stop It

CA Pawan Kumar – [2024] … Continue reading “[Opinion] How Multinationals Use Profit Shifting and Tax Havens—and What’s Being Done Globally and in India to Stop It”

Blog, News, GST & Customs

December 3, 2024

Cancellation of GST Registration to Be Set Aside as GST Authority Ignored Assessee’s Reply to SCN

Case Details: Aditya Developers v. … Continue reading “Cancellation of GST Registration to Be Set Aside as GST Authority Ignored Assessee’s Reply to SCN”

Blog, News, GST & Customs

December 3, 2024

[Opinion] Importance of GSTR 9 and 9C in GST – Pronounced by Judiciary

Zalak Sohil Dalal – [2024] … Continue reading “[Opinion] Importance of GSTR 9 and 9C in GST – Pronounced by Judiciary”

Blog, News, Income Tax

December 3, 2024

Severance Payment Received Due to Redundancy and Job Termination Not Taxable as Profits in Lieu of Salary | ITAT

Case Details: Sudhakar Ratan Shanker … Continue reading “Severance Payment Received Due to Redundancy and Job Termination Not Taxable as Profits in Lieu of Salary | ITAT”