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News, Blog, GST & Customs

June 16, 2022

CBIC issued procedure for sanction, post audit & review of GST refund claims

Instruction No. 03/2022-GST dated June … Continue reading “CBIC issued procedure for sanction, post audit & review of GST refund claims”

Blog, News, GST & Customs

June 16, 2022

Used paintings are classifiable under heading 9701 and taxable at 12%: AAR

Case Details: Authority for Advance … Continue reading “Used paintings are classifiable under heading 9701 and taxable at 12%: AAR”

Blog, News, Insolvency and Bankruptcy Code

June 16, 2022

Operational Creditors must furnish copies of GSTR-1, GSTR-3B & E-Way Bill along with CIRP plea

Notification No. IBBI/2022-23/GN/REG084, Dated: 14.06.2022 … Continue reading “Operational Creditors must furnish copies of GSTR-1, GSTR-3B & E-Way Bill along with CIRP plea”

Blog, News, Insolvency and Bankruptcy Code

June 16, 2022

IBBI reduces timelines for speedy disposal of grievances

Notification no. IBBI/2022-23/GN/REG086, Dated: 14.06.2022 … Continue reading “IBBI reduces timelines for speedy disposal of grievances”

Blog, News, Insolvency and Bankruptcy Code

June 16, 2022

IBBI proposes to allow Cos., LLPs & Partnership Firm to get enrolled as Insolvency Professionals

Discussion Paper on enabling entities … Continue reading “IBBI proposes to allow Cos., LLPs & Partnership Firm to get enrolled as Insolvency Professionals”

Blog, News, Insolvency and Bankruptcy Code

June 16, 2022

IBBI invites suggestions from public for resolution of real estate projects

Press Release Dated 14.06.2022 The … Continue reading “IBBI invites suggestions from public for resolution of real estate projects”

Blog, News, FEMA & Banking

June 16, 2022

RBI slams banks to follow instructions in true letter while extending loans

Circular no. RBI/2022-23/71 DOR.CRE.REC.No.47/13.03.00/2022-23, Dated: … Continue reading “RBI slams banks to follow instructions in true letter while extending loans”

News, Blog, Insolvency and Bankruptcy Code

June 16, 2022

Now creditors need to file information of default with information utilities before filing a plea to initiate CIRP

Notification No. IBBI/2022-23/GN/REG085, Dated: 14.06.2022 … Continue reading “Now creditors need to file information of default with information utilities before filing a plea to initiate CIRP”

Blog, News, Account & Audit

June 16, 2022

Effect of digital currency in financial sector & how we account it in financial statements

Introduction The simple meaning of … Continue reading “Effect of digital currency in financial sector & how we account it in financial statements”

Blog, News, Income Tax

June 16, 2022

‘331’ notified as Cost Inflation Index for Financial Year 2022-23

Notification No. 62/2022, dated 14-06-2022 … Continue reading “‘331’ notified as Cost Inflation Index for Financial Year 2022-23”