Blog

Blog, News, GST & Customs

March 30, 2024

Assessment Order to Be Set Aside Since Tables of SCN Itself Were Contradictory & Reply Wasn’t Considered | HC

Case Details: Ambika Stores v. … Continue reading “Assessment Order to Be Set Aside Since Tables of SCN Itself Were Contradictory & Reply Wasn’t Considered | HC”

Blog, News, GST & Customs

March 29, 2024

HC Remanded Matter Since SCN Issued only Through Online Portal & Assessee wasn’t Acquainted with Technology

Case Detail: Abitha Timber Traders … Continue reading “HC Remanded Matter Since SCN Issued only Through Online Portal & Assessee wasn’t Acquainted with Technology”

Blog, News, GST & Customs

March 29, 2024

HC Remitted Matter Back Since Commissioner (A) Erroneously hadn’t Considered Application Seeking Condonation of Delay

Case Detail: White Mountain Trading … Continue reading “HC Remitted Matter Back Since Commissioner (A) Erroneously hadn’t Considered Application Seeking Condonation of Delay”

Blog, News, FEMA & Banking

March 29, 2024

RBI Directs all ‘Currency Chest Holding Banks’ Dealing with Govt. Transactions to Remain Open on Sunday, March 31, 2024

Circular No. RBI/2023-24/142 DCM (CC) … Continue reading “RBI Directs all ‘Currency Chest Holding Banks’ Dealing with Govt. Transactions to Remain Open on Sunday, March 31, 2024”

News, Blog, Insolvency and Bankruptcy Code

March 29, 2024

HC Validates FC’s Claim for Transfer Fee as Petitioner Misled Court that Waiver Clause of RP was Approved

Case Detail: S S Natural … Continue reading “HC Validates FC’s Claim for Transfer Fee as Petitioner Misled Court that Waiver Clause of RP was Approved”

News, Blog, Income Tax

March 29, 2024

Rental Income Earned on Property Held as ‘Non-Current Investment’ to be Taxed as Income from House Property | ITAT

Case Detail: Effective Teleservices Pvt. … Continue reading “Rental Income Earned on Property Held as ‘Non-Current Investment’ to be Taxed as Income from House Property | ITAT”

Blog, News, Income Tax

March 29, 2024

CBDT Notifies ITR Verification and Acknowledgement Forms Applicable for AY 2024-25

Notification No. 37/2024, dated 27-03-2024 … Continue reading “CBDT Notifies ITR Verification and Acknowledgement Forms Applicable for AY 2024-25”

Blog, News, Income Tax

March 29, 2024

CBDT Notifies ‘DGIT (Systems), Delhi’ as Specified Authority u/s 138 for Furnishing Info. to ‘UP Planning Department’

Order F. no. 225/196/2023-ITA.II, dated … Continue reading “CBDT Notifies ‘DGIT (Systems), Delhi’ as Specified Authority u/s 138 for Furnishing Info. to ‘UP Planning Department’”

Blog, News, FEMA & Banking

March 29, 2024

RBI Directs Banks to Participate in Special Clearing Operations on March 30 & 31, 2024

Circular No. RBI/2023-24/141 CO.DPSS.RPPD.No.S1193/03-01-002/2023-2024; Dated: … Continue reading “RBI Directs Banks to Participate in Special Clearing Operations on March 30 & 31, 2024”

Blog, News, FEMA & Banking

March 29, 2024

Downstream Investment Must Exclude Investments in Equity Shares of Debtor Co. of REs but Include Hybrid Instruments | RBI Clarifies

Circular No. RBI/2023-24/140 DOR.STR.REC.85/21.04.048/2023-24; Dated: … Continue reading “Downstream Investment Must Exclude Investments in Equity Shares of Debtor Co. of REs but Include Hybrid Instruments | RBI Clarifies”