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Blog, News, GST & Customs

October 30, 2023

CBIC Clarifies on Issues Pertaining to Taxability of Personal Guarantee and Corporate Guarantee in GST

Circular No. 204/16/2023-GST dated October … Continue reading “CBIC Clarifies on Issues Pertaining to Taxability of Personal Guarantee and Corporate Guarantee in GST”

Blog, News, GST & Customs

October 28, 2023

CBIC Prescribes Valuation of Inter-corporate Guarantee Provided to Banking Company or Financial Institution

Notification No. 52/2023-Central Tax dated … Continue reading “CBIC Prescribes Valuation of Inter-corporate Guarantee Provided to Banking Company or Financial Institution”

Blog, News, GST & Customs

October 28, 2023

CBIC Issues Notification to Allow Supplies Made to SEZ Units/Developers on Payment of IGST

  Notification No. 05/2023 –Integrated … Continue reading “CBIC Issues Notification to Allow Supplies Made to SEZ Units/Developers on Payment of IGST”

News, Blog, Income Tax

October 28, 2023

Sec. 80G Approval Rightly Rejected as Trust Wants to Construct Building Diverging from Granted Charitable Objectives

Case Details: Gurjar Kalyan Parishad … Continue reading “Sec. 80G Approval Rightly Rejected as Trust Wants to Construct Building Diverging from Granted Charitable Objectives”

Blog, News, FEMA & Banking

October 28, 2023

RBI Issues Master Direction on Interest Rate on Deposits

Master Direction RBI/2023-24/74 DOR.SPE. REC. … Continue reading “RBI Issues Master Direction on Interest Rate on Deposits”

Blog, News, FEMA & Banking

October 28, 2023

REs of Bank Joining Account Aggregator Ecosystem as ‘FI-U’ Shall Necessarily Join as ‘FIP’ | RBI

Circular No. RBI/2023-24/77 DoR.FIN.REC.53/03.10.123/2023-24, Dated: … Continue reading “REs of Bank Joining Account Aggregator Ecosystem as ‘FI-U’ Shall Necessarily Join as ‘FIP’ | RBI”

Blog, News, Competition Law

October 28, 2023

MCA Notifies Competition (Form of Publication of Guidelines) Rules, 2023 for Issuance of Guidelines by CCI

Notification No. G.S.R. 795(E), Dated: … Continue reading “MCA Notifies Competition (Form of Publication of Guidelines) Rules, 2023 for Issuance of Guidelines by CCI”

News, Blog, Account & Audit

October 28, 2023

Accounting Implications of a Sudden Market Price Decline on Non-current Asset Held for Sale

Para 27 of Ind AS … Continue reading “Accounting Implications of a Sudden Market Price Decline on Non-current Asset Held for Sale”

News, Blog, FEMA & Banking

October 28, 2023

RBI Enhances “Bulk Deposit” Limit for Regional Rural Banks From Rs 15 Lakh to Rs 1 Crore

Circular RBI/2023-24/75 DoR.SPE.REC.50/13.03.00/2023-2024, Dated 26.10.2023 … Continue reading “RBI Enhances “Bulk Deposit” Limit for Regional Rural Banks From Rs 15 Lakh to Rs 1 Crore”

Blog, News, FEMA & Banking

October 28, 2023

RBI Directs CICs to Send SMS/Email Alerts to Customers When Their Credit Information Report is Accessed by CIs

Circular No. RBI/2023-24/73 DoR.FIN.REC.49/20.16.003/2023-24, Dated: … Continue reading “RBI Directs CICs to Send SMS/Email Alerts to Customers When Their Credit Information Report is Accessed by CIs”