ITAT Mumbai held that Arm’s Length Price (ALP) of guarantee commission was determined at the rate of 0.3523% instead of 1.25%.
Understand RBI’s guidelines from October 2023 to regulate unsecured loans by Banks & NBFCs. Risks weights raised for personal loans, credit cards & loan to NBFCs.
CESTAT Chennai held that duty exemption available to all items of machinery, including instruments, apparatus and appliances, auxiliary equipment and their component parts required for setting up of water treatment plants. Accordingly, duty paid under protest is required to be refunded back.
ITAT Mumbai held that unsold flats which are in stock in trade should be assessed under the head “business income” and there is no justification in estimating the rental value from those flats and notionally computing annual letting value under section 263 of the Act.
CESTAT Ahmedabad held that service of laying of pipeline for Gujarat Water Supply & Sewerage Board (GWSSB) is not falling under the service of industrial or commercial construction service.
Section 138 notification under Income-tax Act 1961. Learn how UIDAI plays a crucial role in disclosing information about assessees. Stay informed with this update.
HSN codes & GST rates for Urban Roots, Bio Kavach, and Immunity Booster Avinja 7. Read detailed AAR Telangana ruling on classification and tax rates.
Stay compliant! Learn about the latest GSTN notification on ITC reversal for GSTR 3B non-filing by suppliers. Understand the rules, deadlines, and consequences. Act before November 30th.
Unlock the secrets of Dematerialisation for Private Companies. Explore the latest MCA amendment, demat benefits, and the process. Understand implications and consequences under the Companies Act. Ensure compliance with expert insights
Kerala High Court modifies VAT Tribunal’s decision in Gaiagen Technologies case. Ruling clarifies service and works contract, directs fresh assessment. Read more.
