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Archive: October, 2023

Posts in October, 2023

Invalid Reasons: Gujarat HC Quashes Assessment Reopening

October 11, 2023 1689 Views 0 comment Print

Gujarat High Court invalidates assessment reopening due to lack of nexus between petitioner and unsecured loans. Detailed analysis and conclusions.

Nill Rate of Additional Excise Duty applicable on the day of clearance for yarn

October 11, 2023 876 Views 0 comment Print

In a case between Emtee Poly Yarn Pvt. Ltd. and C.C.E. & S.T. VAPI, CESTAT Ahmedabad sets aside demand for Excise Duty, citing a nil rate on the day of clearance.

Difference between GSTR 2A and GSTR 3B not a valid ground for disallowing ITC

October 11, 2023 8319 Views 0 comment Print

Kerala High Court’s decision in M/s. Henna Medicals case clarifies that differences between GSTR 2A and GSTR 3B shouldn’t lead to ITC denial. Analysis and implications.

Delhi High Court Rejects Retrospective Application of Rule 89(4)(C) of CGST

October 11, 2023 2643 Views 0 comment Print

Delhi High Court’s landmark decision in Indian Herbal Store case rejects retrospective application of Rule 89(4)(C) of CGST, benefiting exporters. Analysis and insights.

Delhi HC Recommends Changes in Section 438 of CrPC (BNSS) for Acquittal Bail

October 11, 2023 1812 Views 0 comment Print

Delhi High Court’s recent judgment suggests amending Section 438 of the new CrPC (BNSS) to modify bail requirements for release post-acquittal.

Master Annual Reconciliations & GSTR-9/9C: Live Course with CA Sachin Jain

October 11, 2023 13395 Views 2 comments Print

Get practical insights into annual data reconciliation for tax audit and GSTR-9/9C filing with CA Sachin Jain. Join our live course now!

Insurance Policy applicable to whole India & not limited to concerned premises of Insured

October 11, 2023 1107 Views 0 comment Print

In present facts of the case, the National Commission allowed the Revision Petition filed by the Complainant by making observation that the Insurance Policy pertaining to theft would be applicable to whole India as provided in the Insurance Policy.

Insurance Claim Rejection Unjustified: No Link Between Depression & Fatal Cardiovascular Arrest

October 11, 2023 1698 Views 0 comment Print

In present facts of the case, the Revision Petition have been filed by the Petitioner – LIC against Respondents under section 21 (b) of Consumer Protection Act 1986, against the order dated 25.01.2019 of the State Consumer Disputes Redressal Commission Gujarat. The Complainants have also filed separate Consumer Complaint before the State Commission due to the pecuniary jurisdiction.

MCA Imposes Rs. 2 Crore Penalty for Section 42(6) Violation

October 11, 2023 40299 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) imposes a 2 crore penalty on My Wheels Private Limited for violating Section 42(6) of the Companies Act. Explore the case, implications, and analysis.

RERA Post-Completion: Promoter Obligations & Allottee Duties

October 11, 2023 4032 Views 0 comment Print

Discover the provisions of RERA governing real estate projects post-completion. Learn about promoter responsibilities and allottee duties under the Real Estate Act.

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