Blog

Blog, News, FEMA & Banking

May 18, 2024

HC Rejects Jharkhand Ex-CM’s Writ Against ED Arrest, Citing Ample Evidence and Enjoyment of Tainted Property

Case Details: Hemant Soren v. … Continue reading “HC Rejects Jharkhand Ex-CM’s Writ Against ED Arrest, Citing Ample Evidence and Enjoyment of Tainted Property”

News, Blog, FEMA & Banking

May 18, 2024

ED Must Seek Custody From Special Court if Accused Isn’t Arrested Before Filing a Complaint u/s 44(1)(B) of PMLA | SC

Case Details: Tarsem Lal v. … Continue reading “ED Must Seek Custody From Special Court if Accused Isn’t Arrested Before Filing a Complaint u/s 44(1)(B) of PMLA | SC”

Blog, News, GST & Customs

May 18, 2024

HC Set-aside Order Passed by GST Officer as No Detailed SCN or Order Were Available on GSTN Portal

Case Details: Vasantha Mayil Silks … Continue reading “HC Set-aside Order Passed by GST Officer as No Detailed SCN or Order Were Available on GSTN Portal”

Blog, News, GST & Customs

May 18, 2024

HC Quashed Order Rejecting ITC Claim of Assessee as Proper Officer Hadn’t Applied His Mind to Reply Submitted by Assessee

Case Details: Kaycee Polymers (P.) … Continue reading “HC Quashed Order Rejecting ITC Claim of Assessee as Proper Officer Hadn’t Applied His Mind to Reply Submitted by Assessee”

Blog, News, GST & Customs

May 18, 2024

Facility to Register Machines by Manufacturers of Pan Masala and Tobacco is Made Available on GST Portal | GSTN Update

GSTN Update dated May 16th, … Continue reading “Facility to Register Machines by Manufacturers of Pan Masala and Tobacco is Made Available on GST Portal | GSTN Update”

Blog, News, Account & Audit

May 18, 2024

Strengthening Audit Practices for Internal Financial Controls | Documentation and Joint Auditor Responsibilities

The Auditing and Assurance Standards … Continue reading “Strengthening Audit Practices for Internal Financial Controls | Documentation and Joint Auditor Responsibilities”

Blog, News, GST & Customs

May 17, 2024

Income From Shares is Not Taxable Under GST as Supported by Circular 196, HC Quashes Demand Order

Case Details: Samarth Commodities Merchants … Continue reading “Income From Shares is Not Taxable Under GST as Supported by Circular 196, HC Quashes Demand Order”

Blog, News, Account & Audit

May 17, 2024

CARO 2020 | Summary of Observations Identified and Guidance Provided by QRB of ICAI

Quality Review Board (QRB) of … Continue reading “CARO 2020 | Summary of Observations Identified and Guidance Provided by QRB of ICAI”

Blog, News, GST & Customs

May 17, 2024

Petitioner’s GST Registration Was Suspended as Firm Was Found Locked During GSTI Visit | HC Directed Competent Authority to Decide the Matter

Case Details: Balaji Trading Co. … Continue reading “Petitioner’s GST Registration Was Suspended as Firm Was Found Locked During GSTI Visit | HC Directed Competent Authority to Decide the Matter”

Blog, News, Income Tax

May 17, 2024

No Question of Law Arises if Assessee Failed to Establish Basic Ingredients Required to Be Established u/s 68 | HC

Image Case Details: Balgopal Merchants … Continue reading “No Question of Law Arises if Assessee Failed to Establish Basic Ingredients Required to Be Established u/s 68 | HC”