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Archive: 15 June 2023

Posts in 15 June 2023

ITAT Annuls Penalty u/s 273B for Cash Payment of Defaulted EMI

June 15, 2023 705 Views 0 comment Print

ITAT Chennai quashed a penalty on cash payment of defaulted EMI, arguing that case presented a ‘reasonable cause’ under Section 273B.

Orissa HC Denies Anticipatory Bail to Khageswar Patra: PMLA Violation

June 15, 2023 543 Views 0 comment Print

Orissa High Court’s judgment rejecting Khageswar Patra’s anticipatory bail plea due to a failure to comply with Section 45 of Prevention of Money Laundering Act (PMLA)

NCLAT Ends CIRP on Principal and Interest Payment

June 15, 2023 927 Views 0 comment Print

NCLAT’s decision to end the CIRP against Bhagwandas R. Bhattad, following their complete payment of the principal amount and interest

CESTAT Overturns Dismissal due to Lack of Delivery Evidence

June 15, 2023 489 Views 0 comment Print

CESTAT Chandigarh overturns dismissal of Johnsons Controls-Hitachi’s appeal by Commissioner of CGST on limitation grounds, citing lack of evidence for order passed and served date being the same.

Delhi HC Quashes Penalty Order for Failure to Consider Email of Assessee

June 15, 2023 1626 Views 0 comment Print

Delhi High Court quashes the penalty order issued under Black Money Act, citing the department’s failure to consider assessee’s email.

Is Devaluation the most effective remedy to correct the adverse balance of payments situation?”

June 15, 2023 11388 Views 1 comment Print

Is devaluation the ultimate solution for an adverse balance of payments? Explore the complexities as we analyze its effects, benefits, and drawbacks. Dive into alternatives like monetary policy adjustments, fiscal measures, and structural reforms for a holistic perspective. Discover sustainable strategies beyond devaluation. #Economics #BalanceOfPayments #DevaluationAnalysis

Challenges with Government Websites: Ease or Tease of Business?

June 15, 2023 5124 Views 2 comments Print

Explore the challenges faced by professionals with government websites – from tax discrepancies to MCA incorporation delays. Is the government truly facilitating ease of business or adding to professional frustrations? Dive into the intricacies with S P Babuta & Associates.

United Arab Emirates: The perfect destination for sports lovers

June 15, 2023 714 Views 0 comment Print

Do you love soccer? Would you like to enjoy water sports on your next trip? Or to relax while playing golf? The United Arab Emirates is a perfect destination for sports lovers since the country offers all that at once.

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