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Archive: November, 2023

Posts in November, 2023

HC upheld exclusion of comparables due to lack of segmental data

November 21, 2023 765 Views 0 comment Print

Delhi HC ruled on appeal in PCIT vs Global Logic India Ltd, upholding exclusion of comparables due to absence of segmental info & treatment of foreign exchange gain/loss as operating income/operating loss

IFSCA invites comment on Banking Regulations, 2020

November 21, 2023 639 Views 0 comment Print

Participate in shaping the future of banking regulations. IFSCA invites public comments on amendments to its 2020 regulations. Share your views by December 12, 2023

Are Accountant Jobs Under Threat Due to Accounting Automation?

November 21, 2023 4008 Views 2 comments Print

Are Accountant Jobs Being Threatened Due to Accounting Automation? Find Out What Experienced Accountants Have to Say About This Pressing Issue and How It’s Transforming Our Profession.

Delhi HC Sets Aside GST Registration Cancellation; Orders Fresh Hearing

November 20, 2023 888 Views 0 comment Print

Delhi High Court quashes GST registration cancellation, citing violation of natural justice. Orders fresh hearing to afford the petitioner an opportunity to be heard.

HC Quashes GST Registration Cancellation: Lack of Reason in SCN & Order

November 20, 2023 927 Views 0 comment Print

Gujarat High Court judgment in Lakkad Brothers And Co. vs State of Gujarat, quashing GST registration cancellation due to absence of reasons in show-cause notice and order.

GST Registration Cannot Be Cancelled Without Reason: Bombay HC

November 20, 2023 1608 Views 0 comment Print

Bombay High Court judgment in Nirakar Ramchandra Pradhan vs. Union of India, quashing GST registration cancellation for lack of reasons.

Vague & non­speaking SCN & Order: HC quashes order cancelling GST registration

November 20, 2023 1335 Views 0 comment Print

Gujarat High Court judgment on Sing Traders vs. State of Gujarat, overturning vague show-cause notice and non-speaking order for GST registration cancellation.

Rejection of Objection to 148A Notice not amounts to Final Re-assessment & Demand: HC

November 20, 2023 1905 Views 0 comment Print

Calcutta High Court judgment on Girdhar Gopal Dalmia vs. Union of India, clarifying that objection rejection doesn’t conclude reassessment or demand. Full analysis included.

Gold Import Policy: Changes to HS Code 71081200 under Chapter 71

November 20, 2023 3364 Views 0 comment Print

Latest amendment in India’s gold import policy. Explore revised conditions for HS Code 71081200 under Chapter 71, bringing key changes for importers

ICAI Announces Advanced ICITSS-Adv. IT Test Dates and Centers

November 20, 2023 30171 Views 0 comment Print

Get the latest update from ICAI: Advanced ICITSS-Adv. IT Test in Computer-Based Mode. Check eligibility, test dates, centers, and online application details for 2023-24.

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