Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!
Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!
Under the amended PMLA, Chartered Accountants, Company Secretaries & Cost Accountants are covered within the definition of the Reporting Entity. Understand the obligations, verification processes, and confidentiality requirements. Stay compliant with the latest regulations.
In the past 2-3 years, there has been a mushrooming of web based platforms offering fractional ownership of real estate assets. These platforms provide investors an option to invest in buildings and office spaces including warehouses, shopping centres, conference centres, etc. The minimum investment on these Fractional Ownership Platforms (FOPs) range from INR. 10 lakhs to INR. 25 lakhs.
Delisting means permanent removal of securities of the entity from the trading platform of a recognised Stock Exchange, either voluntarily or compulsorily; once, the securities are delisted, no trading is permitted in such securities on the trading platform of Stock Exchanges.
Stay compliant with the POSH Act! The Honble Supreme Court directs the Government to ensure workplaces follow the Sexual Harassment of Women at Workplace Act, 2013. Understand the regulations, compliance, and the constitution of Internal Committees.
Explore the challenges of AI-driven tax processing, focusing on the controversial addition under section 143(1)(a) of the Income Tax Act for GST not deposited by the due date. Understand the implications and potential issues arising from automated systems.
ITAT Chennai held that addition under section 69 of the Income Tax Act sustained as no corroborative evidence produced to prove the source for the cash deposits during demonetization period.
Commissioner of Service Tax Vs Mail Order Solutions (I) Ltd (CESTAT Mumbai) The provisions regarding filing of appeals before the Tribunal are governed under the provisions of Section 86 of the Finance Act, 1994. Sub-section (1) ibid provides for filing of the appeal by an assessee before the Tribunal. The first proviso appended to sub-section […]
Madras High Court considers withdrawal of customs duty exemption for Apollo Hospitals’ imported medical equipment. Analysis of compliance with Notification No.64/88.
Gameskraft Technologies Private Limited Vs Directorate General of Goods Services Tax Intelligence (Karnataka High Court) HC held that There is a distinct difference between games of skill and games of chance; games such as rummy, etc. as was discussed in several decisions above and particularized in the Division Bench decision of this Court in All India […]
Legatum Ventures Limited Vs ACIT (ITAT Mumbai) ITAT held that capital gains arising on the sale of unlisted shares by a non-resident has to be computed only by reference to the provisions of Section 112(1)(c)(iii) of the Income Tax Act, 1961 without cognizance to the provisions under Section 48 of the Act. From the perusal […]
