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Archive: 28 June 2023

Posts in 28 June 2023

Competition Act Violation: CCI dismisses plea against L. G. Electronics

June 28, 2023 462 Views 0 comment Print

Comprehensive case analysis on an anti-trust lawsuit involving Perfect Infraengineers Limited and L.G. Electronics India Pvt. Ltd., providing detailed insights into India’s competition laws.

C&AG Empanelment Application 2023-24: Update UDINs till 29.06.2023

June 28, 2023 151585 Views 5 comments Print

Provisional empanelment status of the firm along with provisional point score for the year 2023-2024 will be available on the website www.care.cag.gov.in from 30th May 2023 to 8th June 2023.

Retrospective supplier GST registration cancellation: HC grants Interim Relief 

June 28, 2023 999 Views 0 comment Print

The Chhattisgarh High Court granted interim relief to Sri Balaji Metals And Minerals Pvt. Ltd. in its case against Union of India regarding GST input tax credit. The Court directed no further adverse orders against the company until the next hearing.

Q1 TDS/TCS Submission Deadline Extended to September 30, 2023 by CBDT

June 28, 2023 77850 Views 0 comment Print

Central Board of Direct Taxes extends deadline for submitting Q1 TDS/TCS statements for the financial year 2023-24 until September 30, 2023.

Order Supported by Reasoning, Documents and Facts: Not Arbitrary

June 28, 2023 441 Views 0 comment Print

Rajasthan High Court upheld order of Electricity Ombudsman, which allowed recovery of transformation losses and pro-rata transformer cost from large industrial consumers. The court reasoned that an order supported by factual findings and necessary documents cannot be considered arbitrary.

Comprehensive Guide to Impairment of Investment Audits: Key Assertions & Procedures

June 28, 2023 1284 Views 0 comment Print

This article aims to demystify the key assertions involved in the process of impairment of investment auditing, and the crucial procedures that are part-and-parcel of this auditing task. It will serve as a valuable guide for those involved in financial auditing and anyone interested in gaining a deeper understanding of this subject.

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