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Archive: 04 October 2023

Posts in 04 October 2023

What is an Index and various NSE Indices

October 4, 2023 1623 Views 0 comment Print

Discover role of financial indexes, their types, and how they are used in markets. Learn about stock market indices, their calculations, and applications.

GST on Freight in case of Imports on CIF basis- impact of recent notifications

October 4, 2023 15459 Views 0 comment Print

Explore impact of recent Finance Ministry notifications on GST for imports on CIF basis and ocean freight, following Supreme Court’s Mohit Minerals case.

Writ Petition Dismissed; Department directed for GST dues Instalment decision

October 4, 2023 960 Views 0 comment Print

Kerala High Court dismissed a writ petition for being time-barred but directed petitioner to apply for installment payments of GST dues, which will be decided by Commissioner.

Appellate Authority can only condone delay in GST appeals by one month, not beyond

October 4, 2023 1266 Views 0 comment Print

Kerala High Court clarified that Appellate Authority can only condone the delay in GST appeals by one month, not beyond.

Order made without considering petitioner’s adjournment request violates natural justice

October 4, 2023 3594 Views 0 comment Print

Explore case of Mangal Chand vs. ACIT, where an order was made without considering petitioner’s adjournment request, leading to a violation of natural justice.

GST Input Tax Credit Claim: Problems Due to Wrong Interpretation of Law

October 4, 2023 27777 Views 1 comment Print

Explore challenges faced by GST taxpayers due to incorrect interpretation of law, disallowance of input tax claims, and need for an amnesty scheme.

NFRA Order: Audit Firm Penalized for LGIL Audit Irregularities

October 4, 2023 2670 Views 1 comment Print

NFRA imposes penalties on Audit Firm M/s Ashok Holani & Co. for audit misconduct in Lexus Granito India Limited case.

SEBI seeks public input to streamline regulations & reduce compliance costs

October 4, 2023 762 Views 0 comment Print

Securities and Exchange Board of India (SEBI) is seeking public input to streamline regulations and reduce compliance costs. Learn how to contribute your suggestions

Introduction of Electronic Credit Reversal and Re-claimed statement on GSTN

October 4, 2023 9990 Views 1 comment Print

Learn about introduction of Electronic Credit Reversal & Reclaimed Statement on GSTN, its purpose, reporting guidelines & amendment opportunities.

Income Tax Act 1961 Section 10(46) Notification for DMF Trust

October 4, 2023 2331 Views 0 comment Print

Notification under Section 10(46) of Income Tax Act 1961 for District Mineral Foundation (DMF) Trusts. Learn about implications and conditions. Find complete list of DMF Trusts here.

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