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Archive: 05 August 2023

Posts in 05 August 2023

HC Denies TDS Demand on EDC: DLF Homes Vs JCIT Case

August 5, 2023 1995 Views 0 comment Print

Explore the Delhi High Court’s landmark decision in DLF Homes Panchkula Pvt Ltd vs JCIT (OSD) case, rejecting TDS on External Development Charges, and its implications on taxation norms

Key Highlights of 51st GST Council Meeting held on 2nd August, 2023

August 5, 2023 8421 Views 0 comment Print

Dive into the key decisions taken at the 51st GST Council Meeting regarding taxation and regulation of online gaming and casinos. Get the latest GST updates.

Small and Medium Enterprise Exchange Role and Function in Capital Markets

August 5, 2023 879 Views 0 comment Print

Explore significance of Small & Medium Enterprise Exchange in India’s capital markets, their role in SME IPOs, and the recent trends in industry.

Board Composition & Structure under Companies Act, 2013 & LODR Regulation

August 5, 2023 7776 Views 0 comment Print

Explore the importance of board composition, its legal framework under Companies Act, 2013, and SEBI regulations, ensuring effective governance.

ITC of recipient cannot denied without conducting due diligence of supplier

August 5, 2023 2043 Views 0 comment Print

High court ruled that any demand notice issued to the assessee for reversing the ITC could not stand without a thorough investigation into the supplier’s activities.

Acceptance of Project Completion Method followed by Assessee consistently by AO not erroneous

August 5, 2023 6537 Views 0 comment Print

An overview of case, Parth Developers vs PCIT, where ITAT rules that PCIT can’t invoke Section 263 for a project completion method consistently used by AO.

A Step-by-Step Guide to Setting up a Startup Business with Government Schemes in India

August 5, 2023 14682 Views 1 comment Print

In this article, we will provide a comprehensive guide on how to set up a startup business in India, while leveraging benefits offered by government

A Comprehensive Step-by-Step Guide to Registering a Farmer Producer Company in India

August 5, 2023 2610 Views 0 comment Print

This article will provide a comprehensive step-by-step guide to help individuals understand the registration process for a producer company in India.

Penalty imposed without verifying Service Tax Payment documents – CESTAT directs reconsideration

August 5, 2023 444 Views 0 comment Print

Examining Nandji Mishra Vs Commissioner of Central Excise case on service tax non-payment penalties and the need for evidence verification.

Duty Demand Quashed: No Evidence for Clandestine Goods Removal

August 5, 2023 909 Views 0 comment Print

Analysis of Asian Plywood Industries Vs CGST & Excise case where demand of customs duty is quashed due to lack of evidence for clandestine goods removal.

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