Objectives & detailed scope of internal audit, including areas like cash management, procurement, compliance, and more. Learn how it enhances organizational integrity and efficiency.
Khadi Grammodhyog Prathisthan Vs Asst. Director of Income CPC (ITAT Jodhpur) The case of Khadi Grammodhyog Prathisthan Vs Asst. Director of Income CPC (ITAT Jodhpur) revolves around the denial of current year losses by treating a revised tax return as an original return. This appeal arises from an order dated 14.02.2023, issued by the National […]
Understanding the impact and significance of the new Land Customs Station at Nischintpur Railway Station in Tripura. A route connecting India to Bangladesh.
India’s Ministry of Finance issued Notification No. 64/2023-Cus (NT) updating exchange rates effective from Sept 7, 2023. Understand changes and their impact on imports and exports.
Indian government has permitted Fedbank Financial Services, Amrit Malwa Capital, and Nissan Renault Financial Services to perform Aadhaar authentication under Section 11A of the Money-laundering Act.
CBIC’s latest GST amendments on valuing online gaming & casino transactions. Learn about Rule 31B & Rule 31C and their impact on industry.
ITAT Indore held that deduction of cost of land with expenses for exploitation on land duly allowable from the sale consideration before charging tax on the same.
CESTAT Ahmedabad held that during the charter period of vessels the right of possession of vessels and effective control have been transferred to service recipient, therefore the service does not fall under the “Supply of Tangible Goods Service”.
ITAT Chennai held that actual loss arisen on account of cancellation of the forward contracts entered into with the banks to safeguard realization of export proceeds is allowable as business loss.
CESTAT Ahmedabad held that providing transit mixers for transportation of Ready-Mix Concrete (RMC) is classifiable under ‘Goods Transport Agency’ (GTA) services and not under ‘supply of tangible goods for use service’.
