Stay compliant with our Statutory Compliance Calendar for July 2023. Timely reminders for Income Tax, GST, ESIC, EPF, and more. Avoid penalties and ensure legal obligations are met.
In today’s digital age, the boundaries between personal and commercial spaces are becoming increasingly blurred. Telemarketing, as a tool for businesses to reach out to potential customers, has gained significant popularity.
Dive into the world of cryptocurrency trading and investing with this comprehensive guide. Understand the tax implications, risks, and benefits of crypto, and learn key steps to trade and invest successfully.
Regulation 30(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 [‘LODR Regulations’] requires listed entities to disclose material information. Regulation 30(4) states that listed entities shall determine what would be considered as material information.
Explore the Chartered Investment Banking Professional (CIBP™) certification from the Investment Banking Council of America (IBCA). Learn how the CIBP™ credential enhances career prospects, provides a better learning experience, and offers attractive salaries in the investment banking industry.
Explore the latest regulatory updates for listed entities from SEBI and BSE in June 2023. From cracking down on insider trading to improving transparency, understand the comprehensive guidelines, new frameworks, and streamlined compliance procedures for a stronger and more efficient stock market.
ITAT Mumbai held that the TPO is not correct in arriving at the ALP as NIL on the ground that the need and benefit test is not satisfied by the assessee without giving any contrary findings with regard to the various documents including the TP study submitted by the assessee.
Held that the Hyderabad office is not required to act as an input service distributor (ISD) as there is no head office-branch office basis relation between the Hyderabad office and other offices. Accordingly procedure under Rule 4A of the Services Tax Rules, 1994 not required to be followed.
ITAT Mumbai held that penalty levied for late filing of Profession Tax Return is penal in nature accordingly is not allowable as business expenditure.
CESTAT Ahmedabad held that as ‘information technology software service’ was implemented w.e.f. 16.05.2008 the same cannot be held taxable prior to that date. Hence, demand for the period prior to 16.05.2008 is not maintainable.
