Know the power of contract notes in stock market investments. Learn how these legal documents provide crucial transaction details, insights, and financial implications for traders....
Introduction: The acquisition of commercial or residential property in India by Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) is governed by the Foreign Exchange Management Act (FEMA) and the FEMA (Non-Debt Instrument) Rules 2019. This article provides comprehensive insights into the regulations, permissions, and proce...
Press Release No. 613 -
14/11/2023
Rule 37(A) of CGST Rules! Learn about ITC reversal obligations, deadlines, and process. Team GSTN provides essential guidance for taxpayers. ...
Press Release No. 614 -
14/11/2023
Advisory on how to resolve Input Tax Credit (ITC) mismatches between GSTR-2B and GSTR-3B using new GST DRC-01C. Take action to avoid filing disruptions!...
Notification No. 446.1 /8/EoM-PA/F&A-Life/2023-24 -
14/11/2023
IRDAI's Exposure Draft on Expenses of Management Regulations 2023, aiming to enhance insurers' efficiency and optimize resources for policyholder benefits....
Article explains diverse roles in shipping, charter types, and tax implications for operators in the maritime industry, including benefits in International Financial Services Centres....
ITO Vs Bharat Auto Tech Private Limited (ITAT Hyderabad) -
ITAT Hyderabad ruling on CIT(A) requirements, reasons for deletion of additions, and appeal filed by Revenue against Bharat Auto Tech Private Limited....
ITO Vs Roshan Lal Sharma (ITAT Delhi) -
ITAT Delhi upholds deletion of Rs. 1.75 Cr disallowance, clerical error in ITR. Full order details of ITO vs. Roshan Lal Sharma for AY 2011-12 & 2012-13....
PCIT Vs Madhu Gupta (Delhi High Court) -
In the PCIT vs. Madhu Gupta case, Delhi HC emphasizes the necessity of a properly served notice under Section 148 for triggering reassessment proceedings....
Introduction: Embarking on a nuanced exploration of the intricate tax framework delineated by the Central Goods and Services Tax Act, 2017 (CGST Act) and the Central Goods and Services Tax Rules, 2017 (CGST Rules), our focus converges on Rule 144A (1). This critical provision unfolds a structured approach in addressing the aftermath of pe...