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Archive: 04 August 2023

Posts in 04 August 2023

Managing Greed and Fear in the Indian Stock Market

August 4, 2023 690 Views 0 comment Print

Navigate the volatility of the Indian stock market by managing greed and fear. Learn the importance of a well-defined investment strategy, conducting thorough research, and setting realistic expectations. Discover the value of diversification, implementing stop-loss orders, and staying disciplined. Successful investors remain rational during market turbulence and view downturns as opportunities for long-term success.

Back to Licence Raj – DGFT’s HSN 8471 Import Policy Changes?

August 4, 2023 2925 Views 2 comments Print

Dive into DGFT’s new import policy for items under HSN 8471. Understand the implications, exemptions, and uncertainties arising from this policy shift.

GST implication on YouTube Ad Revenue: A Comprehensive Guide

August 4, 2023 6171 Views 0 comment Print

Understand the implications of GST on YouTube ad revenue earned through Google AdSense. Learn about nature of supply, place of supply, and GST registration requirements

ROC Annual Filing Due Date Calendar-August to November, 2023

August 4, 2023 8919 Views 0 comment Print

Stay compliant with our guide on ROC form due dates for the Companies Act and LLP Act. Avoid penalties by filing on time during Aug-Nov 2023.

Sterling Agro Vs Customs: Fine in Lieu of Confiscation Ruling

August 4, 2023 705 Views 0 comment Print

CESTAT allows Sterling Agro to redeem goods via a fine instead of confiscation, further reduces penalty. Review this detailed court order analysis.

ITAT Allows Tax Deduction on Agricultural Land Compensation

August 4, 2023 5070 Views 0 comment Print

Read the full text of the order by ITAT Delhi in Virender Rathee vs ITO case. The ITAT allows tax deduction on interest received from enhanced compensation against compulsory acquisition of agricultural land.

Global Minimum Corporate Tax (GMCT)

August 4, 2023 3339 Views 0 comment Print

Exploring the role, challenges, and impact of the OECD’s proposed Global Minimum Corporate Tax (GMCT) on India and global business.

Delhi HC Rules in Favor of Blackberry India: Export of Taxable Services & Intermediary Status

August 4, 2023 891 Views 0 comment Print

The Delhi High Court ruled in favor of Blackberry India, stating that services, except those under Rule 3(1) of Export of Services Rules, qualify as export of taxable services. The court also found Blackberry India not to be an intermediary based on the agreement with Blackberry Singapore.

PCIT cannot Initiate Revision Proceedings after disposal of appeal by CIT(A)

August 4, 2023 696 Views 0 comment Print

CIT(A) resolved the appeal, considering the TDS credit issue, on 08/05/2019. Therefore, PCIT can’t invoke s.263 revision proceedings for the same issue, per Explanation-1(c) to section 263(1) of the Act.

CCI Exonerates Prasu Infrabuild from Anti-Profiteering Charges

August 4, 2023 654 Views 0 comment Print

CCI discontinues anti-profiteering proceedings against Prasu Infrabuild. The firm had no other projects, negating possible profiteering violations.

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