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Archive: 21 August 2023

Posts in 21 August 2023

No Service Tax on Composite Vehicle Repair Contract pre-01.07.2012: CESTAT

August 21, 2023 744 Views 0 comment Print

CESTAT Chennai’s ruling on Ford India Pvt Ltd: No Service Tax on composite contracts for vehicle repair involving goods & services before 01.07.2012.

Indexation Benefit for Acquisition Costs Based on Payment Year’s Index: ITAT

August 21, 2023 3507 Views 0 comment Print

Analysis of ITAT Delhi’s ruling in Bushra Javed Vs ACIT: Indexation benefits for acquisition costs based on payment year. Read the full legal insight here.

NFRA Penalizes Burnpur Cement Limited Auditors for Audit Lapses

August 21, 2023 12870 Views 0 comment Print

NFRA Penalizes Burnpur Cement Limited Auditors for Audit Lapses, Professional Misconduct, Issues with the Going Concern Assumption, Material Misstatements in Financial Statements, Misrepresentation of Property, Plant, and Equipment (PPE), Bypassing the pivotal step of the Engagement Quality Control Review Process, misleading NFRA and Pervasive Negligence.

MCA Penalizes Company for Missing CIN on Board Report & AGM Notice

August 21, 2023 10080 Views 0 comment Print

Detailed analysis of MCA’s action against Shri Lal Mahal Infrastructure Pvt. Ltd. for not mentioning CIN on their board report & AGM notice. Insights on penalties and consequences.

MCA Penalizes Company for mentioning wrong Registered Office Address

August 21, 2023 9084 Views 0 comment Print

Singh Packwell Pvt. Ltd. faces penalties for violating Sections 12(1), 12(3)(c), and 12(4) of the Companies Act, 2013 due to incorrect registered office address.

Weekly Insights from CBIC Chairman: Transformative Moves & Major Busts

August 21, 2023 507 Views 0 comment Print

Chairman of CBIC, Sanjay Kumar Agarwal, shares board’s achievements, transformative moves, and major enforcement actions in his weekly newsletter dated 21/08/2023.

Place of supply in case of sales to unregistered person – Amendment

August 21, 2023 18954 Views 1 comment Print

Discover the 2023 amendment to the IGST Act on the place of supply for sales to unregistered persons. Understand the impact on taxation and compliance.

MahaRERA Registered Agents to Display QR Code in Real Estate promotions

August 21, 2023 1452 Views 0 comment Print

In-depth analysis of MahaRERA’s Order 46B/2023 focusing on mandatory integration of QR Codes in real estate promotions and its implications for agents and promoters.

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