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Archive: 28 November 2023

Posts in 28 November 2023

IFSCA Circular: Disposal Time Limits for Financial Service Applications

November 28, 2023 1098 Views 0 comment Print

Explore IFSCA’s latest circular on time limits for processing financial service applications. Learn about deadlines, reminders, and non-compliance consequences

GST Offences: Accused Granted Bail as Judicial Custody Exceeds 60 Days

November 28, 2023 2187 Views 0 comment Print

Explore the court order in Divyeshkumar Kanani vs. Central CGST, where the accused gets bail due to exceeding 60 days in judicial custody under GST Act Section 167(2).

ICAI issues Guidelines for using the new CA India logo for CA members

November 28, 2023 72636 Views 2 comments Print

Explore the significance of the new CA India logo, incorporating the tricolor symbolizing unity, diversity, and sovereignty. Learn about the blue color, adaptability, and guidelines for usage.

ITAT Mumbai Allows MAT Credit & Carry Forward of Capital Loss in Demerger

November 28, 2023 2193 Views 0 comment Print

ITAT Mumbai order in DCIT vs Brandon & Co. (P) Ltd.: Set-off of carry-forward loss of capital gains in demerger. Analysis and conclusions provided.

Analysis of Central Goods and Services Tax (Second Amendment) Rules, 2023

November 28, 2023 3252 Views 1 comment Print

Get an in-depth Analysis of Central Goods and Services Tax (Second Amendment) Rules, 2023 with GST Notification No. 38/2023. Learn all about physical verification of business premises, details of bank accounts on the common portal & more!

Paper Apology Cannot Be Accepted in Contempt Cases: Andhra Pradesh HC

November 28, 2023 1395 Views 0 comment Print

Andhra Pradesh High Court, in a recent judgment dated November 7, 2023, unequivocally established that a paper apology would not suffice in contempt of court cases.

Unveiling The Significance of Show Cause Notices

November 28, 2023 2079 Views 0 comment Print

Unlock the significance of show cause notices in the legal landscape, especially in tax demands. Delve into pillars of litigation, fair opportunity, authorized issuance, and key factors like time, clarity, and validity. Empower yourself to navigate legal intricacies effectively

Dematerialization Rule: Private Companies’ Enhanced Transparency

November 28, 2023 1263 Views 0 comment Print

Explore the impact of the Companies (Prospectus and Allotment of Securities) Second Amendment Rules 2023, requiring private companies, excluding small ones, to dematerialize securities for increased transparency.

Income tax FAQs on discard ITR

November 28, 2023 11436 Views 0 comment Print

FAQs on discarding Income Tax Returns (ITR). Learn about reversal options, mandatory subsequent filings, and crucial considerations. Find the Discard option on www.incometax.gov.in.

Period of limitation in filing appeal stood extended pursuant to 52nd GST Council Meeting

November 28, 2023 2460 Views 0 comment Print

In the case of M/s Modern Steel vs Additional Commissioner, the Allahabad High Court remands the matter post-52nd GST Council Meeting, exploring appeal limitation. Get insights into the judgment.

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