Sponsored
    Follow Us:

Archive: 16 May 2023

Posts in 16 May 2023

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 4275 Views 3 comments Print

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!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 3774 Views 0 comment Print

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!

Director’s Remuneration & Depreciation cannot be disallowed for temporary suspension of business 

May 16, 2023 1410 Views 0 comment Print

Explore the pivotal case of Devkripa Textile Mills vs ACIT (ITAT Jodhpur) where the court addressed disallowances on director’s remuneration, depreciation, and expenses, offering insights for tax compliance.

ESBTR Challan Payments: Simplifying Tax Payment Processes in India

May 16, 2023 3849 Views 0 comment Print

Simplify your tax payments in India with ESBTR Challan payments. Explore how this digital method enhances convenience, reduces errors, and provides transparency in tax transactions. Learn the step-by-step process and advantages.

Why is it Essential To Determine A Person’s Residential Status Under Income Tax Act?

May 16, 2023 3072 Views 1 comment Print

Dive into the intricacies of determining residential status under the Income Tax Act. Learn why it’s crucial to distinguish between being ordinarily resident and not ordinarily resident. Explore the impact on taxability and make informed decisions.

POSH Act 2013- Ensuring a Safe Work Environment for Women

May 16, 2023 2949 Views 0 comment Print

The Prevention, Prohibition, and Redressal of Sexual Harassment at Workplace Act 2013, also known as the POSH Act, is a comprehensive legislation enacted in India to protect women from sexual harassment in the workplace. Its primary objective is to prevent such incidents from occurring, provide a mechanism for redressal of complaints, and ensure a safe and conducive work environment for women. This article provides an overview of the key provisions and scope of the POSH Act.

Violation in disclosure of Related Party Transactions- MCA levied penalty

May 16, 2023 2907 Views 0 comment Print

Order against Violation of Section 189 read with Section 188 of the Companies Act, 2013 by M/s. Adani Power Limited- The order states that an inquiry was conducted by the Office of the Registrar of Companies, Ahmedabad, based on a directive from the Ministry of Corporate Affairs. During the inquiry, it was found that the company […]

MCA imposes penalty for not disclosing Related Party Transactions in Form MBP-4

May 16, 2023 16479 Views 0 comment Print

MCA imposes penalty on Adani Power Limited for not entering the details of Related Party Transactions in the register of contract in form No MBP-4 The Registrar of Companies, Gujarat, Dadra & Nagar Haveli, has recently imposed penalties on Mr. Gautam Adani (Chairman and Director), Mr. Vneet Jain (Wholetime Director), and Mr. Rajesh Shatilal Adani […]

GST interest not payable on credit component (ITC)

May 16, 2023 19320 Views 0 comment Print

HC held that Section 50 of the GST Act can be applied demanding interest only in cases of belated cash payment towards GST, but not on input tax credit available all the while with the department to the credit of the assessee.

No penalty if no intention to evade service tax & for tax paid before issue of notice

May 16, 2023 1953 Views 0 comment Print

Delve into the pivotal case of Assam Company India Limited vs Commissioner of Service Tax (CESTAT Kolkata) where the tribunal addresses service tax liabilities, waivers, and penalties, offering insights for tax compliance.

Section 80G Registration cancellation- ITAT allows one more opportunity on principles of natural justice

May 16, 2023 3651 Views 0 comment Print

Explore the case of Dr. Shivajirao Jondhale Research Foundation vs CIT (ITAT Mumbai), where the tribunal remanded the issue of registration under section 80G back to the Commissioner of Income Tax Exemption for fresh consideration, citing principles of natural justice.

Extended period of limitation cannot be invoked if issue on merit decided in favour of Assessee

May 16, 2023 1671 Views 0 comment Print

Facts regarding non payment of duty by the appellant or in other words the amount retained of sales tax collected from the customer, came to the notice of the Department only through the audit of the records conducted by the Audit Officer.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031