#AD The July deadline for Q1 filings often marks a pivotal point in the TDS and TCS compliance calendar. While each quarter presents its own operational pressures, Q1 stands out as the first major compliance cycle after the Union Budget, where new provisions, rates, or validation rules often come into effect. This period not only […]
ITAT Delhi case where Catvision Ltd was wrongfully demanded Dividend Distribution Tax by the AO despite timely payments.
Calcutta High Court case between Saru Kankani and Union of India, focusing on the consequences of unjustified delays in filing legal actions.
Unravel the complexity of the case between Amadeus Software Labs India Pvt Ltd and the Commissioner of Central Tax (CESTAT Bangalore), involving ambiguity over the jurisdiction for a second appeal in tax rebate matters.
Learn about procedure for claiming reimbursement of State GST (SGST) on movie Kanakamarga in Karnataka. This circular provides detailed instructions and application formats for exhibitors to apply for reimbursement.
ITAT Delhi nullifies Section 271B penalty on Parag Jain, asserting that only difference in non-delivery derivative transactions should be taken into account when determining turnover for a tax audit.
CESTAT overturned the order that had previously confirmed the demand on expenses such as deconsolidation charges, transportation charges, and DO charges. These expenses were initially collected by the assessee from their clients and then paid to the service provider.
The Reserve Bank of India recently came up with guidelines on Default Loss Guarantee (DLG) in digital lending that is effective from 8th June 2023.[i] Before delving into DLG, it is important to define the term digital lending. As per the Reserve Bank of India, digital lending is defined as a remote and automated lending […]
Explore the latest SEBI (LODR) Regulations 2015 amendments effective June 2023. Key changes include timelines for filling key positions, relaxation of Corporate Governance Requirements for High-Value Debt entities, and the introduction of a shareholder-approved permanent directorship. Uncover disclosure requirements for agreements, material events, and cyber incidents, with a focus on quantitative criteria.
Madras High Court, in case of Aqua Excel Vs Assistant Commissioner, allows petitioner to approach appellate authority with a delayed appeal under Tamil Nadu Value Added Tax.
Read Circular No. 13/2023 issued by the Commissioner of State Tax, Kerala, providing instructions for the maintenance of a Call Book in the Kerala State Goods & Services Tax Department. Learn about the purpose of the Call Book, cases to be included, transfer procedures, periodic review, and the attached format.
