IREDA launches ‘Whistle Blower’ portal – Through this portal, IREDA employees can raise concerns related to fraud, corruption, abuse of power etc.The portal has been developed by IT Team of the company.
Landmark Decision: Supreme Court (SC) strikes down Delhi High Court (HC) verdict in the case of Bharti Airtel Limited In this remarkable judgement favouring the Government (for a change), this is an historic verdict which will set the course of the future litigations fought in the highest courts. This judgement and the judgement of VKC […]
Provisional Attachment – A measure to protect interest of the revenue should be used with utmost care Provisional Attachment – A measure introduced to protect interest of the revenue by provisionally attaching any property of a taxable person, including bank account. We begin this article with the comments given by the division bench of Justice […]
As we know that frauds are present in every sector, where money involved. The financial sector is more vulnerable for fraud than other sectors. The frauds generally happen for sake of financial gain by applying dubious methods by the fraudsters. Insurance industry is the most vulnerable for various types of fares by policyholders, intermediaries , […]
A right of appeal is a statutory right or in a way can be said that a creature of statute. The said right is governed by the terms of the statute creating it. It is not an inherent right and can’t be availed until and unless it is provided in the statute itself. Its nature, character and extend will have to be determined and controlled […]
The importance of Audit of an organization is perhaps as same as what is oxygen for human being. It is a 360 degree review of all the organization working and to speculate whether the organization can expand or if there is some cost cutting to do.
Reassessment under section 148 was not justified as ‘reason to believe’ that income for the AY in question had escaped assessment was based on a mere ‘change of opinion’.
1) These rules may be called the Mineral Conservation and Development (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
In re Sri Krishna Logistics (GST AAR Telangana) 1 (A) Whether the rate of GST of 5% (2.5% each towards CGST & SGST) as per Sl.No.8(ii)(b) of Notification No.11/2017-Central Tax (Rates), dt: 28-06-2017 with the condition that input tax credit is not allowed on goods and services. ITC is not allowed to be claimed if concessional […]
(1) These regulations may be called the Food Safety and Standards (Food Products Standards and Food Additives) Fourth Amendment Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette and food business operator shall comply with all the provisions of these regulations with effect from 1st day of the June, 2022.
