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Blog, News, FEMA & Banking

August 12, 2024

RBI Directs Credit Information Companies/Institutions to Update Credit Information Fortnightly or at Shorter Intervals

Circular No. RBI/2024-25/60 DoR.FIN.REC.No.32/20.16.056/2024-25, Dated: … Continue reading “RBI Directs Credit Information Companies/Institutions to Update Credit Information Fortnightly or at Shorter Intervals”

News, Blog, GST & Customs

August 12, 2024

[Opinion] Comprehensive Guide on the Newly Introduced GSTR-1A

Prateek Mitruka – [2024] 165 … Continue reading “[Opinion] Comprehensive Guide on the Newly Introduced GSTR-1A”

Blog, Advisory, FEMA & Banking

August 12, 2024

[Analysis] RBI’s Initiatives – UPI Transaction Limit Increase | Digital Lending Apps Repository | Faster Cheque Clearance

The Reserve Bank of India … Continue reading “[Analysis] RBI’s Initiatives – UPI Transaction Limit Increase | Digital Lending Apps Repository | Faster Cheque Clearance”

Blog, News, GST & Customs

August 12, 2024

HC Quashes Demand of Tax and Interest as Assessee Wrongly Claimed ITC as RCM in GSTR-3B Due to Error

Case Details: Tvl. Tirupathi Packaging … Continue reading “HC Quashes Demand of Tax and Interest as Assessee Wrongly Claimed ITC as RCM in GSTR-3B Due to Error”

Blog, News, International Tax

January 14, 2025

[World Tax News] UK Publishes Policy Paper on Changes to the Taxation of Non-UK Domiciled Individuals and More

Editorial Team – [2024] 165 … Continue reading “[World Tax News] UK Publishes Policy Paper on Changes to the Taxation of Non-UK Domiciled Individuals and More”

Blog, News, Income Tax

August 12, 2024

Order Passed by an Authority Without Jurisdiction Is Void Ab Initio; Can’t Be Enforced | HC

Case Details: PCIT v. Divine … Continue reading “Order Passed by an Authority Without Jurisdiction Is Void Ab Initio; Can’t Be Enforced | HC”

Blog, Account & Audit

August 10, 2024

Revenue Recognition and Contracts with Customers under Ind AS 115 – Objective | Scope | Recognition

Ind AS 115, Revenue from … Continue reading “Revenue Recognition and Contracts with Customers under Ind AS 115 – Objective | Scope | Recognition”

Blog, News, GST & Customs

August 9, 2024

Demand of Interest on Delayed Payment of Tax Set Aside as Revenue Failed to Provide Reasons for Rejecting Assessee’s Claim

Case Details: Lids Advertisers v. … Continue reading “Demand of Interest on Delayed Payment of Tax Set Aside as Revenue Failed to Provide Reasons for Rejecting Assessee’s Claim”

Blog, News, GST & Customs

August 9, 2024

HC Allowed Person to Travel Abroad for Business Purposes as He Was on Bail and Had Been Diligent During Inquiry

Case Details: Nitin Kapoor v. … Continue reading “HC Allowed Person to Travel Abroad for Business Purposes as He Was on Bail and Had Been Diligent During Inquiry”

Blog, News, Account & Audit

January 16, 2025

[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More”