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Blog, News, Company Law

July 19, 2023

NCLT Dismisses Amalgamation Petition due to Non-Compliance with Companies Act and Shareholders’ Interests

Case Details: Vanraj Suppliers (P.) … Continue reading “NCLT Dismisses Amalgamation Petition due to Non-Compliance with Companies Act and Shareholders’ Interests”

Blog, News, Income Tax

July 19, 2023

CBDT Amends Rule 21AK to Cover Offshore Derivative Instrument Income of NRs

Notification No. 50/2023, dated 17-07-2023 … Continue reading “CBDT Amends Rule 21AK to Cover Offshore Derivative Instrument Income of NRs”

Blog, News, Income Tax

July 19, 2023

NRIs with Inoperative PAN are Requested to Intimate Residential Status to AO | CBDT

News, dated 18-07-2023 Non-resident Indians … Continue reading “NRIs with Inoperative PAN are Requested to Intimate Residential Status to AO | CBDT”

News, Blog, Income Tax

July 19, 2023

Forfeiture of Advance Money Due to Buyer’s Non-performance is a Non-taxable Capital Receipt u/s 51: ITAT

Case Details: ACIT v. Ahmad … Continue reading “Forfeiture of Advance Money Due to Buyer’s Non-performance is a Non-taxable Capital Receipt u/s 51: ITAT”

Blog, News, Account & Audit

July 19, 2023

[Illustrative Checklist] for Verification of Cash and Bank Balances to be Followed by the Auditor

Cash and bank balances often … Continue reading “[Illustrative Checklist] for Verification of Cash and Bank Balances to be Followed by the Auditor”

Blog, News, GST & Customs

July 19, 2023

No GST on Activity of Holding of Shares of Subsidiary Company by the Holding Company | Circular

Circular No. 196/08/2023-GST dated July … Continue reading “No GST on Activity of Holding of Shares of Subsidiary Company by the Holding Company | Circular”

News, Blog, GST & Customs

July 19, 2023

No Need to Reverse ITC by Manufacturer in Respect of Free Replacement Parts or Repair Services

Circular No. 195/07/2023-GST dated July … Continue reading “No Need to Reverse ITC by Manufacturer in Respect of Free Replacement Parts or Repair Services”

Blog, News, GST & Customs

July 19, 2023

CBIC Issued Clarification on TCS Liability in Case of Multiple E-commerce Operators in One Transaction

Circular No. 194/06/2023-GST dated July … Continue reading “CBIC Issued Clarification on TCS Liability in Case of Multiple E-commerce Operators in One Transaction”

Blog, News, GST & Customs

July 19, 2023

Clarification to Deal with Difference in ITC for the Period 01.04.2019 to 31.12.2021 | Circular

Circular No. 193/05/2023-GST dated July … Continue reading “Clarification to Deal with Difference in ITC for the Period 01.04.2019 to 31.12.2021 | Circular”

Blog, News, GST & Customs

July 19, 2023

CBIC Issues Clarification on Charging of Interest in Cases of Wrong Availment of IGST Credit

Circular No. 192/04/2023-GST dated July … Continue reading “CBIC Issues Clarification on Charging of Interest in Cases of Wrong Availment of IGST Credit”