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Archive: 23 November 2023

Posts in 23 November 2023

SEBI Materiality Threshold: Eureka Forbes’ Guidance Request

November 23, 2023 1026 Views 0 comment Print

Explore Eureka Forbes’ request for SEBI guidance on materiality threshold under Regulation 30(4). Understand the interpretation and implications for listed entities.

Imposition of Minimum Export Price on export of Onions

November 23, 2023 966 Views 0 comment Print

Stay informed with DGFT Notification 45/2023 on onions. Learn about the Minimum Export Price (MEP) of US $800 F.O.B per Metric Ton till 31st December 2023 and its impact on onion exports

Appointment of Common Adjudicating Authority: Goldripe International Pvt. Ltd.

November 23, 2023 969 Views 0 comment Print

Explore the latest Customs Act amendment through Notification No. 85/2023-Customs (N.T.) by the Ministry of Finance. Learn about the appointed adjudicating authorities and their roles

Gold not liable for confiscation as revenue failed to prove that gold is smuggled one

November 23, 2023 3555 Views 0 comment Print

CESTAT Kolkata held that impugned gold cannot be seized u/s 110 of the Customs Act, 1962 as it is a case of town seizure and revenue has failed to prove that gold in question is smuggled one. Accordingly, gold not liable for confiscation.

Special Appeal Procedure for GST Delay in Haryana until March 31, 2023

November 23, 2023 2049 Views 0 comment Print

Haryana GST Section 148 notification: a special appeal process for appeal delays against demand orders until March 31, 2023. Eligibility, conditions & proceedings explained.

CGST Delhi East Exposes ₹199 Crore Fraud by 48 Fake Firms

November 23, 2023 2406 Views 1 comment Print

CGST Delhi East uncovers a syndicate of 48 fraudulent firms, involved in a ₹199 crore ITC scam. 3 arrests made in ‘Operation Clean Sweep.’

Exposure Draft of Standards on Auditing for Limited Liability Partnerships

November 23, 2023 888 Views 0 comment Print

Explore the Exposure Draft of Auditing Standards for Limited Liability Partnerships (LLPs) issued by AASB – ICAI. Share your insights by submitting comments before January 6, 2024

Learn Golden Rules of Accounting

November 23, 2023 4788 Views 0 comment Print

Unlock the fundamentals of accounting with a focus on the golden rules—Personal, Nominal, and Real. Learn how to apply these principles to various accounts, from individuals to entities, expenses to incomes, and assets to losses. Explore real-world examples to understand the nuances of financial transactions and gain insights into the critical role accounting plays in business decision-making. Mastering these golden rules is essential for accurate financial reporting and strategic financial management. Delve into the heart of accounting and empower yourself for success in both practical scenarios and academic examinations

Bombay HC discharges Former Chief Commissioner of Income Tax in Corruption Case

November 23, 2023 2613 Views 0 comment Print

Explore Bombay High Court’s landmark judgment discharging former Chief Commissioner of Income Tax, Anil Goel, in a corruption case. Learn legal analysis and implications.

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