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Archive: February, 2023

Posts in February, 2023

HC allows filing of Appeal as delay was of negligible period

February 19, 2023 1416 Views 0 comment Print

It was held that the Court can allow the Petitioner to file an appeal where there is delay of negligible period by extending time as stipulated under Section 107 of the CGST Act even after expiry of three plus one months.

Acceptance of Deposits by a Private Company under Section 73(2) of Companies Act, 2013

February 18, 2023 82506 Views 0 comment Print

Acceptance of deposits under Companies Act, 2013 Section 73(2) covers deposits by private companies. Get the summary of regulatory provisions from this blog post.

Analysis of Income-Tax Proposals Related to Charitable Trusts & Institutes in Budget 2023

February 18, 2023 10341 Views 0 comment Print

Understand the impact of Income-Tax proposals related to Charitable Trusts & Institutes in Budget 2023. Form No. 9A and 10 must be furnished 2 months prior to ITR filing date from AY 2023-24.

Article 3 enables Parliament to form new States and alter areas, boundaries or name of existing States

February 18, 2023 5253 Views 0 comment Print

Supreme Court held that Article 3 of the Constitution of India provides that Parliament may by law form new States and alter the areas, boundaries or names of the existing States (which includes Union Territory).

VRS employees stand on different footing than those who retired upon achieving age of superannuation

February 18, 2023 2250 Views 0 comment Print

Supreme Court held that employees who secured VRS benefits and left the service of MSFC voluntarily during this period, stand on a different footing. They cannot claim parity with those who worked continuously, discharged their functions, and thereafter superannuated.

ChatGPT fails miserably – Credit to DGFT to even confuse Open AI

February 18, 2023 3225 Views 0 comment Print

ChatGPT failed miserably – credit to the DGFTs confusing foreign trade and export promotion policy. Learn more about the appeal procedure!

Validity of Notice Issued on Secondary E-Mail Id despite having Primary E-Mail Id

February 18, 2023 6687 Views 0 comment Print

Notice Issued on Secondary E-Mail Id Despite Having Primary E-Mail Id and Email Id Mentioned in the Last Filed ITR is Liable to be Quashed- Bombay High Court

One Time Compliances for Listed Entities to be completed by February 20th 2023

February 18, 2023 2592 Views 0 comment Print

Inform shareholders of dispute resolution mechanisms through SMS & Email with Listed Entities by Feb 20th 2023. Follow SEBI’s instructions in letter of Jan 27th 2023

All about HRA Exemption, Eligibility, Limit etc.

February 18, 2023 13329 Views 1 comment Print

Discover all you need to know about HRA Exemption, eligibility and the limit with this guide. Learn how to calculate and claim your HRA and save money on taxes.

Recommendations of 49th GST Council Meeting

February 18, 2023 10878 Views 0 comment Print

Government of India to clear entire pending balance GST compensation of Rs. 16,982 crore for June’2022. GST Council adopts report of Group of Ministers (GoM) on GST Appellate Tribunal with certain modifications. GoM report on Capacity Based Taxation and Special Composition Scheme in certain Sectors on GST approved. Changes in GST rates of “Rab” and […]

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