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Archive: 18 August 2023

Posts in 18 August 2023

Course on Mastering GST Sections Effortlessly with Memory Techniques!

December 22, 2024 10737 Views 0 comment Print

Simplify GST learning with memory techniques. Join live sessions, master CGST sections, and retain knowledge effortlessly. Register now for practical GST mastery!

New Functionality for ‘Challan Correction’ on Income Tax e-Filing Portal

August 18, 2023 37425 Views 3 comments Print

Discover the latest Income Tax update! A new Challan Correction feature on e-filing portal simplifies rectifying tax errors for A.Y. 2020-21 onwards. Learn more.

MCA Penalizes Auditor for Failure to Report Specified Bank Note Dealings

August 18, 2023 12306 Views 0 comment Print

Introduction: In a significant move towards ensuring financial transparency and accountability, the Ministry of Corporate Affairs (MCA) has recently imposed a penalty on an auditor for their failure to report dealings in specified bank notes. The penalty was issued through Order No. ROC/PAT/ Inquiry/13665/834 on August 18, 2023. This order provides valuable insights into regulatory […]

Foam cup pads classifiable under HSN 39262091 & attracts GST @18%

August 18, 2023 1443 Views 0 comment Print

Read detailed analysis of GST Advance Ruling by Uttar Pradesh AAR on appropriate HSN code for foam cup pads, issued to Maavisa Fom CUP Private Limited.

GST applicable only on supervision charges if other costs are reimbursement

August 18, 2023 5310 Views 0 comment Print

Read detailed analysis of GST Advance Ruling by Uttar Pradesh AAR on including value of material and execution work in taxable value for installation of lines by Purvanchal Vidyut Vitran Nigam.

CCI directs DGAP to further investigate 8 projects of Lucknow Development Authority

August 18, 2023 345 Views 0 comment Print

Read detailed analysis of CCI order directing further investigation into 8 projects by Lucknow Development Authority for potential profiteering issues.

CCI directs DGAP to verify ITC passing in project ‘The Jewels of Noida Phase-II’

August 18, 2023 441 Views 0 comment Print

Sumit Mansingka Vs E-Homes Infrastructure Pvt. Ltd (Competition Commission of India) Introduction: The recent order issued by the Competition Commission of India (CCI) in the case of Sumit Mansingka vs E-Homes Infrastructure Pvt. Ltd highlights the Commission’s proactive approach towards ensuring compliance and fair practices in the construction and real estate sector. The CCI has […]

HC Quashes Section 148A(d) order as Section 148 notice was Time barred

August 18, 2023 7377 Views 0 comment Print

Delhi High Court’s ruling on Vinayak Services PVT LTD vs ITO case: Section 148A(d) order quashed due to time-barred Section 148 notice. Learn more about the judgment.

Revised Regulatory Framework for IDF-NBFCs: RBI Circular

August 18, 2023 1722 Views 0 comment Print

Get insights into updated regulatory framework for Infrastructure Debt Fund-NBFCs (IDF-NBFCs) as per RBI’s circular issued on August 18, 2023.

Updated List: Banks Authorized to Import Gold & Silver – DGFT Notice

August 18, 2023 1845 Views 0 comment Print

Stay informed about the recent update in list of banks authorized by DGFT to import gold and silver as per the August 18, 2023, notice.

Non-Basmati White Rice Export Policy Amendment

August 18, 2023 1245 Views 0 comment Print

Get insights into the recent amendment of the export policy for Non-Basmati white rice by the Directorate General of Foreign Trade (DGFT) in India.

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