Petitioner has a separate GST registration. If any of DGGI authorities has found it necessary to investigate petitioner based on certain information, said investigation cannot be stopped or interdicted on account of investigation conducted with respect of any other entity.
Analysis of the ITAT Mumbai ruling in the case of Damco India Pvt Ltd Vs CIT. Key insights into why the AO must grant advance tax credits overlooked by the taxpayer.
In the case of Suresh Kumar Doodi vs. ACIT, ITAT Jaipur rules that delay in filing Form 67 doesn’t result in disallowance of Foreign Tax Credit under Rule 128(9).
IBBI penalizes an Insolvency Professional (IP) for wrong interpretation of IBC provisions and charging excess fees. Details and implications.
Article explains how to effectively comply with GSTN Advisory to reclaim your Input Tax Credit (ITC) by November 30, 2023 with step-by-step guidance and key action points.
Notifications No. 52/2023-Customs Dated: 5th September, 2023, modifying duty exemptions on textile machinery. Analysis of changes & implications.
SEBI’s latest circular dated September 04, 2023, outlining new abridged prospectus formats for debt securities and non-convertible redeemable preference shares.
Securities and Exchange Board of India (SEBI) has issued a new circular dated September 4, 2023, outlining important changes in the mode of payment with respect to the SEBI Investor Protection and Education Fund (IPEF). The circular aims to streamline the payment process, offering multiple payment options and ensuring greater ease for market participants. Context: The […]
Banking & financial institutions concerned are therefore encouraged to extend Pre-shipment and Post-shipment Export Credit and Packing Credit Loan in Foreign Currency (PCFC) to E-Commerce exports based on extant guidelines issued by RBI.
Patna High Court, in case of M/s Aastha Enterprises, upheld denial of Input Tax Credit (ITC) to petitioner purchaser due to supplier’s failure to pay GST to government. Court invoked Section 16(2)(c) of GST Act in its decision.
