Unraveling the pitfalls of a one size fits all MOU approach through the alleged dispute in Kalyani Group’s holding. Key insights on MOU significance, definitive agreements, familial disputes, and litigation conduct. Learn from the case of Sugandha Hiremath and Jaidev Hiremath in the $2.5 billion Kalyani Group, emphasizing the importance of diligence, clarity, and adherence to MOU terms in family business matters. Discover crucial considerations for parties involved to avoid disputes and ensure enforceability.
Navigate influencer marketing tax compliance in India for private limited companies with our step-by-step guide. Learn about payment categorization, income tax implications for influencers, deductibility for companies, TDS obligations, filing and compliance, bookkeeping, documentation, and GST implications. Stay informed to ensure accurate tax compliance in the evolving landscape of influencer marketing payments.
The export of goods and services always receive special attention and treatment in any taxation. It is the endeavor of the Government to ensure that taxes are not exported along with export of goods and services. Under GST, export is treated as zero-rated supply.
Explore the transformative impact of Income Tax Digitalisation on the Indian Economy. From streamlined processes to reduced paperwork, discover how digitalization enhances transparency, compliance, and overall economic growth. Learn about the positive effects on various sectors and the evolution towards a more connected and dynamic global community. Experience the ‘Win-win situation’ for both taxpayers and the government, ushering in a new era of progress and prosperity.
Companies (Accounts) Second Amendment Rules, 2023 specify that for the financial year 2022-2023, Form CSR-2 must be filed separately on or before March 31, 2024, after filing the specified forms AOC-4 or AOC-4-NBFC (Ind AS) or AOC-4 XBRL.
ITAT Delhi held that addition of sundry creditors u/s 68/69C of the Income Tax Act unsustainable as department failed to prove that the sundry creditors are bogus.
Delhi HC verdict on Northern India Zonal Assembly of The Mar Thoma Church’s case against Income Tax Department. The court calls for a swift resolution to a four-and-a-half-year-old appeal.
Apex Court in case of ITC LTD Vs. CCE, Kolkata held that self assessment orders are also assessment orders and are appealable just like other orders, like re-assessment orders.
Bombay High Court quashes Deputy Commissioner’s order rejecting refund due to a typographical error in invoices, directing re-examination of the refund application with additional evidence.
CESTAT Kolkata directs remand in SBM Udyog’s appeal due to lack of evidence, requiring Adjudicating Authority to consider all documents for a fair decision on Service Tax.
