Read the latest Chairman’s weekly newsletter from CBIC, covering India’s G-20 success, the role of CBIC in global value chains, and recent anti-smuggling operations.
Get latest update on imposition of a 5-year anti-dumping duty on ‘Flat Base Steel Wheels’ from China PR. Details on the decision, reasons, and impact.
ITAT Jaipur held that disallowance u/s 40(a)(ia) of the Income Tax Act for non-deduction of TDS unjustified merely on the allegation that certificate of accountant furnished is not in accordance with Rule 31ACB as such disallowance will lead to double taxation which is against the spirit of law.
Is BlackRock more than just an asset management company? Explore its influence over the global economy, politics, and why it’s considered a game-changing entity.
CESTAT Chennai held that as per Section 73A(2) of the Finance Act, 1994 monies collected as a tax, even if wrongly done, has to be deposited to Government.
Unlock the insights into SAS 1300, a crucial framework for auditing the social impact of financial inclusion programs, as notified by the Institute of Chartered Accountants of India (ICAI). Delve into the core elements, the process of social audit, key metrics, and challenges, exploring the broader implications for achieving global financial inclusion goals.
Discover the legal constraints around cash transactions under India’s Income Tax Act. Learn about the various sections that impose limits and penalties on cash dealings.
Explore the complexities of claiming GST Input Tax Credit (ITC) on employee uniforms in India. Understand different scenarios and criteria for ITC eligibility.
Unlock the U.S. market for your Indian business by understanding the role of the Employer Identification Number (EIN). Learn how to obtain an EIN, its benefits, and more.
CESTAT Ahmedabad held that merely because by an agreement a right is confirmed on the party to the sale of goods or service undertaken was not ipso-facto bringing the agreement within the ambit of the franchisee.
