Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.
CESTAT set aside impugned order and held that the assessee is not receiving penal interest and bouncing charges as a consideration for tolerating an act. Thus, service tax cannot be demanded.
Explore deductions under Sections 24b, 80EE, and 80EEA of the Income Tax Act, 1961, for interest on borrowed capital or housing loans. Understand eligibility, limits, and implications
Explore SEBI’s latest website compliance requirements for Stock Brokers and Depository Participants, effective from August 16, 2023. Learn about the key details they must publish, including basic information, contact details, complaint procedures, and more. Understand the implications for market participants and investors as SEBI takes significant steps towards transparency, investor protection, and improved business practices in the financial market.
Explore Chairman CBIC’s newsletter dated 14/08/2023, highlighting departmental updates, initiatives, achievements, and insights in the field of indirect taxes and customs.
Explore the Digital Personal Data Protection Act 2023, a comprehensive legislation ensuring privacy and security in the digital realm. Uncover key highlights, implications for businesses, and the balance between innovation and privacy. Stay informed about India’s significant step in safeguarding personal data and empowering individuals in the digital age.
Learn about the rules for generating e-way bills for intra-state movement of gold, precious stones, and jewelry. Key points, exemptions, and procedural aspects covered.
SEBI published a Circular on 31 July 2023 on Online Dispute Resolution of Disputes in the Indian Securities Market making Online Dispute Resolution (ODR) the default mechanism for resolving almost all disputes arising out of transactions on the securities market.
CESTAT Chennai held that agreement entered that the appellant is providing uplinking service for ‘SS Music channel’ and ‘Sur Sangeeth Channel’ is only a sham document. Appellant has disguised the rendering of Broadcasting Service under cover of uplinking service. Hence, service tax demand invoking extended period of limitation sustained.
Analysis of Bright Road Logistics vs State of Haryana case where HC upheld tax penalty for reusing e-way bills with intent to evade tax. Learn about the verdict.
CESTAT Ahmedabad held that benefit of segregation can be allowed only if the imported scrap contained impurities like iron, rubber, plastic, steel etc.
