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Archive: November, 2023

Posts in November, 2023

Anti-dumping Duty on imports of Natural Mica-based Pigments from China

November 22, 2023 3208 Views 0 comment Print

Explore the latest Customs (ADD) amendment, Notification No. 13/2023, modifying duty on ‘Natural Mica-based Pearl Industrial Pigments’ from China. Get insights on changes and impact

Empowering Change: Unraveling the Impact and Navigating Challenges of Women Directors in Corporate Governance

November 22, 2023 2931 Views 0 comment Print

Navigating the Impact and Challenges of Women Directors in Corporate Governance? Explore the legal landscape promoting gender equality and the unique contributions of women. Learn more!

Buy-Back of Shares: Companies Act 2013 & Companies Amendment Act 2020

November 22, 2023 18820 Views 0 comment Print

Explore the intricacies of share buy-backs under Companies Act 2013 and Amendment Act 2020. Learn about regulations, process, and accounting treatments for a comprehensive understanding.

Delhi HC Directs CBDT to Resolve Error of AY in self-assessment tax Challan

November 22, 2023 4623 Views 0 comment Print

Explore the Delhi High Court order in Fada Trading vs. Income Tax Ward 9(1). Detailed analysis of the self-assessment tax deposit issue and the CBDT directions for resolution.

HC Restrains Issuance of Advisory wrongly stating GST Registration Cancellation

November 22, 2023 975 Views 0 comment Print

High court took note of an advisory issued by the respondents wrongly stating the cancellation of registration. In response, the respondents are restrained from issuing such advisories that could mislead stakeholders.

CESTAT upheld Service Tax Penalty for non-payment of Service Tax on Renting for 6 years

November 22, 2023 681 Views 0 comment Print

Explore the CESTAT Delhi order on Nagar Parishadservice tax case. Details on charges, legal arguments, and penalties. Analysis of the verdict and its implications.

Denial of refund claim of accumulated ITC merely due to incorrect classification of goods by supplier unjustified

November 22, 2023 1767 Views 0 comment Print

Delhi High Court held that denial of refund claim of accumulated Input Tax Credit (ITC) due to inverted duty structure merely because of incorrect classification of goods by the supplier is unjustified and unsustainable in law.

Transfer Completes When Owner’s Rights Are Extinguished in Property

November 22, 2023 5175 Views 0 comment Print

Explore the ITAT Chennai order on Rajamanikam Meerabai Vs ITO. Detailed analysis of the capital gain dispute, assessment details, and legal arguments. Verdict insights.

Unauthorized Goods Destruction Implies Arbitrary Abatement of Customs Duty

November 22, 2023 654 Views 0 comment Print

Explore the CESTAT Ahmedabad order on Commissioner vs Sheena Textiles. Detailed analysis of the duty-free machinery dispute, conditions of exemption, and legal implications.

Nokia vs DCIT: Delhi HC Directs department to expediate Income Tax refund

November 22, 2023 984 Views 0 comment Print

Delhi High Court order on Nokia Corporation vs DCIT. Progress on refund verification, instructions for remittance, and resolution through an indemnity bond.

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