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Archive: 05 October 2023

Posts in 05 October 2023

RBI’s उद्गम UDGAM Portal: Search Unclaimed Deposits in 30 Banks

October 5, 2023 954 Views 0 comment Print

RBI’s उद्गम UDGAM portal now covers 30 banks, allowing public to search for unclaimed deposits easily. Learn more about this convenient service

Delay in Filing of GST Return even for 1 day may Invite Penalty Notice of ₹ 50000 | Case Study

October 5, 2023 58407 Views 0 comment Print

Discover consequences of delaying GST return filing, including a penalty notice of Rs. 50,000. Explore a real-world case study and key lessons for GST compliance.

Flat Holding Period for Section 54F Deduction reckoned from allotment letter date

October 5, 2023 6837 Views 0 comment Print

In ACIT Vs Sanjay Kumath case, ITAT Indore ruled on Section 54F deduction eligibility based on period of holding of a flat from date of allotment letter. Learn about detailed analysis and conclusion of this case.

Consider Agreement Date for Capital Gains and Section 54/54F Exemption: SC

October 5, 2023 29748 Views 0 comment Print

In Sanjeev Lal vs CIT case, the Supreme Court of India ruled on capital gains and Section 54 exemption. Learn about judgment and its implications

Disallowance under Section 14A Not Applicable for Stock in Trade Securities

October 5, 2023 1023 Views 0 comment Print

Explore Delhi High Court’s judgment on disallowance under Section 14A of Income Tax Act, 1961, in case of Punjab National Bank (Erstwhile United Bank of India)

Customs Exchange Rates effective from 6th October, 2023

October 5, 2023 2340 Views 0 comment Print

Stay updated with the latest Customs Exchange Rates issued by the Government of India, Ministry of Finance, for imported and export goods, effective from October 6, 2023.

Understanding Incoterms in International Trade

October 5, 2023 3405 Views 1 comment Print

Learn about Incoterms in international trade, their categories, and responsibilities of buyers and sellers. Choose right Incoterm for your trade transactions.

Copyright Exceptions: Understanding Limitations in Protection

October 5, 2023 828 Views 0 comment Print

Explore copyright exceptions under Section 52 of Copyright Act in India, Fair Dealing Doctrine, Berne Convention, and impact on creative rights.

No Section 234E Late Fee for TDS return for the period prior to 01.06.2015

October 5, 2023 2781 Views 0 comment Print

Learn about Kerala High Court’s judgment on Section 234E late fees for TDS returns before 01.06.2015. Analysis of case and its implications.

Classification of Clear Float Glass with Tin Layer – CAAR Mumbai

October 5, 2023 639 Views 0 comment Print

Read full text of the order by Customs Authority of Advance Ruling, Mumbai, on classification of Clear Float Glass with a tin layer and its eligibility for exemption

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