Jyoti Construction Vs Deputy Commissioner of CT & GST (Orissa High Court) 1. As far as the above contention is concerned, the Court is of the view that the prayer of the Petitioner that the debiting of the ECRL made by it should be reversed is a separate cause of action for which the Petitioner […]
HEC India LLP Vs Commissioner of GST and Central Excise Audit-II (Madras High Court) GST Authority needs to communicate reasons for blocking ITC of the taxpayer Hon’ble Madras High Court has held that the GST Authority necessarily needs to communicate reasons to the taxpayer if the taxpayer’s Input Tax Credit (ITC) is blocked. In the […]
Broad look at the Business Model of Coaching Industry Well, the topic says it all! I don’t know how many people will appreciate me writing this and I do not know whether this forum would be okay with someone addressing this issue. Okay, cutting to the chase, the coaching industry evolved solely due to schools […]
(1) These rules may be called the Registration of Assignment of Receivables (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
Mumbai South CGST Commissionerate detected a fake ITC case of about Rs. 270 crores relating to diamonds, whether or not worked but not mounted or set. Mumbai GST zone has appreciably stepped up its all-round anti-evasion work.
In order to facilitate smooth operation of business activities by SEZ units and for the ease of doing business, following clarifications are issued for transfer of space under the extant provisions of Rule 74 of SEZ Rules, 2006:-
Return of allotment PAS-3 E-Form PAS-3 is required to be filed pursuant to Section 39(4) and 42(9) of the Companies Act, 2013 and rule 12 and 14 Companies (Prospectus and Allotment of Securities) Rules, 2014 which are reproduced for your reference. Section 39(4): Whenever a company having a share capital makes any allotment of securities, […]
A section 8 company which earlier was known as section 25 company is a legal form for nonprofit organizations (NPO) or Non-Governmental organizations (NGO). Section 8 company is licensed company which is authorized to work anywhere in the country. In this article I have compiled format of Standard Article of Association (AOA) and Memorandum of […]
