CESTAT Kolkata held that providing operational or administrative assistance in any manner or providing infrastructural support service or managing distribution and logistics service, fall within the ambit of ‘Business Support Service’.
Delhi High Court held that restrictions and conditions to issuance of registration certificate to Haj Group Organizers (HGO) not imposed on account of late payment of GST as it would affect the pilgrims who have registered with HGO to undertake pilgrimage.
Madras High Courts ruling on ASR International vs Deputy Commissioner of Customs, regarding re-exportation of Link Samahan without payment of import duties.
Learn how to report F&O losses in ITR 3 with this step-by-step guide. Understand the eligibility criteria for filing ITR 3, including the treatment of F&O income, intraday transactions, and other sources of income. Follow the guidelines to file your tax return accurately and comply with Income Tax regulations.
This case revolved around purchase of a property from twenty co-owners, where assessee was treated in default for non-deduction of TDS. Assessee argued that demand resulted in double taxation as taxes already been paid.
Learn how businesses can protect personal information during mergers and acquisitions (M&A). Understand the importance of data privacy due diligence, adopting a holistic approach, and safeguarding employee data in compliance with privacy laws.
This article provides an overview of SEBI (LODR) (Second Amendment) Regulations, 2023 of June 2023, delving into key updates and their potential implications for listed companies, investors and overall market landscape.
Discover the concept of Deferred Tax and its impact on balance sheets and profit and loss accounts. Explore the two approaches used by companies to calculate deferred tax amounts: AS-22 and IND AS-12. Learn how timing differences, such as depreciation, unabsorbed depreciation, MAT credit, and income received in advance, create deferred tax liabilities or assets.
GVK Jaipur Expressway Ltd fined for breaching Section 179(3) of the Companies Act, 2013 by granting a loan without timely board approval.
MCA has issued a penalty order against Teleone Consumers Product Private Limited for violating Section 118 of Companies Act, 2013. Violation pertains to non-compliance with secretarial standards related to recording of minutes of meetings.
