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Archive: 21 October 2023

Posts in 21 October 2023

Section 133 (6) of Income Tax Act, 1961 | FAQ’s

October 21, 2023 5454 Views 0 comment Print

A comprehensive guide to Section 133 (6) of Income Tax Act, 1961. Get to know the common FAQ’s while dealing with notices issued for excess deductions or high value transactions.

Implications of Powers of RP/IRP being Administrative & Not Adjudicatory

October 21, 2023 858 Views 0 comment Print

Explore administrative role of Resolution Professionals and Interim Resolution Professionals (RP/IRP) in verifying and evaluating claims in insolvency proceedings. Understand the implications of their actions.

Cash, Bullion, Jewellery Are Not Goods So Not Liable for Confiscation/Seizure Under GST

October 21, 2023 1776 Views 0 comment Print

Learn about limitations of GST officials in seizing cash, jewelry, and bullion under tax law, with a focus on legal interpretations & recent court rulings.

Internal Audit Requirements for Companies in India: A Comprehensive Guide

October 21, 2023 6570 Views 0 comment Print

Introduction Navigating the intricacies of internal auditor compliance in the Indian Companies Act is crucial for businesses. Today, I want to shed light on the intricate requirements for appointing internal auditors in Indian companies. In this simplified guide, we’ll address key questions surrounding the appointment of internal auditors, ensuring clarity and understanding. Understanding the Basics Companies […]

Service Tax Refund eligible on Terminal Handling, GTA & CHA Services: CESTAT

October 21, 2023 402 Views 0 comment Print

CESTAT Chandigarh allows the refund of service tax on specified services, including Terminal Handling Services, in favor of Matrix Clothing Private Ltd

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