CBIC issued Notification No. 46/2023 – Customs (N.T.) amending exchange rate for Turkish Lira in Customs Act. This amendment will come into effect from 24th June 2023.
Madras High Court held that rejection of rectification application filed under section 161 of the Goods and Service Tax Act, 2017 justified as the petitioner has not cooperated in the course of assessment.
Kerala High Court held that provisions of section 64(1)(v) of Income Tax Act clearly states that income accruing or arising in the hands of a minor child will be added to the parent’s total income.
Learn about private placement in companies, including its regulations, conditions, and compliance requirements. Understand the advantages and limitations of private placements for businesses and investors.
ead the latest notification from the Bar Council of India regarding the rules and code of conduct for the elections of State Bar Council and Bar Council of India. Learn about the qualifications, disqualifications, and procedures involved in the elections. Stay informed and ensure fair and transparent elections.
Read the IFSCA circular providing guidelines for fair and equitable co-location services offered by Stock Exchanges in the International Financial Services Centre (IFSC). Learn about the requirements, connectivity options, disclosure of information, integrity, security, latency measurement, and introduction of managed co-location services.
CESTAT Kolkata decision in Om India Trading Company Private Limited Vs Commissioner of CGST & Central Excise case, upheld the rejection of a service tax refund claim filed beyond stipulated time limit under Section 11B of Central Excise Act.
In today’s rapidly changing business landscape, small and medium-sized enterprises (SMEs) face numerous challenges, including limited resources, regulatory requirements, and operational risks. To effectively manage these challenges and drive sustainable growth, SMEs must prioritize internal audit.
Rajasthan High Court reassures petitioner’s right to a fair response in the case of Sodhani Sweets Pvt. Ltd. Vs Joint Commissioner, dismissing worries over the GST authorities’ consideration of the reply.
