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Blog, News, GST & Customs

March 5, 2025

Order Imposing Penalty to Be Set Aside as E-Way Bill Was Produced Before Seizure Order Was Passed and There Was No Intention to Evade Tax | HC

Case Details: Osr Creation vs. … Continue reading “Order Imposing Penalty to Be Set Aside as E-Way Bill Was Produced Before Seizure Order Was Passed and There Was No Intention to Evade Tax | HC”

Blog, News, GST & Customs

March 5, 2025

Refund of Amount Along With Applicable Interest Upheld as Recovery Made During Investigation Without Adjudication Was Contrary to Law | HC

Case Details: Intelligence Officer, Directorate … Continue reading “Refund of Amount Along With Applicable Interest Upheld as Recovery Made During Investigation Without Adjudication Was Contrary to Law | HC”

Blog, News, FEMA & Banking

March 5, 2025

Independent Director Not Liable u/s 141 as He Neither Signed nor Authorized Dishonored Cheques nor Managed Finances

Case Details: Kamalkishor Shrigopal Taparia … Continue reading “Independent Director Not Liable u/s 141 as He Neither Signed nor Authorized Dishonored Cheques nor Managed Finances”

Blog, News, Income Tax

March 5, 2025

AO Can’t Treat Turnover of Firm Running Nursing Home as Professional Income if Doctors Declared Fees in Their ITRs | ITAT

Case Details: Kety Medicare Centre … Continue reading “AO Can’t Treat Turnover of Firm Running Nursing Home as Professional Income if Doctors Declared Fees in Their ITRs | ITAT”

News, Blog, Income Tax

March 5, 2025

[Opinion] The Transition From the Income-Tax Act, 1961 to the Income-Tax Bill, 2025 | An Analysis of Clause 536 of the Bill

Dr. Amit Kumar Kashyap & … Continue reading “[Opinion] The Transition From the Income-Tax Act, 1961 to the Income-Tax Bill, 2025 | An Analysis of Clause 536 of the Bill”

Blog, News, Account & Audit

March 5, 2025

Classification of Liabilities as Current or Non-Current in Case of Refinancing Under Ind AS Framework

This document explores the classification … Continue reading “Classification of Liabilities as Current or Non-Current in Case of Refinancing Under Ind AS Framework”

Blog, Weekly Round-up

March 5, 2025

Weekly Round-up on Tax and Corporate Laws | 24th February to 1st March 2025

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 24th February to 1st March 2025”

Blog, Advisory, Account & Audit

March 5, 2025

Taxmann’s Analysis | Ind AS 16 Compliance – Guidelines for Accurate PPE Reporting

Ind AS 16 Compliance refers … Continue reading “Taxmann’s Analysis | Ind AS 16 Compliance – Guidelines for Accurate PPE Reporting”

News, Blog, GST & Customs

March 5, 2025

Delay in Filing Revocation Application to Be Condoned Subject to Deposit of All Taxes, Interest, Late Fee, and Penalty | HC

Case Details: Saroj Kumar Maharana … Continue reading “Delay in Filing Revocation Application to Be Condoned Subject to Deposit of All Taxes, Interest, Late Fee, and Penalty | HC”

Blog, News, GST & Customs

March 5, 2025

No Exemption From GST for Products Sold by Kerala Khadi Village Industries Board | HC

Case Details: Kerala Khadi & … Continue reading “No Exemption From GST for Products Sold by Kerala Khadi Village Industries Board | HC”