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Archive: 11 December 2023

Posts in 11 December 2023

Why Banks Avoid Standalone ATM Cards: Insights & Solutions

December 11, 2023 1440 Views 1 comment Print

Explore why banks refrain from issuing standalone ATM cards and favor debit cards. Understand implications, risks, and potential solutions for varied customer needs.

MVAT Territorial Jurisdiction Update: Mumbai AC and STO Changes

December 11, 2023 777 Views 0 comment Print

Explore latest changes in territorial jurisdiction for Assistant Commissioner (AC) and Sales Tax Officer (STO) in Mumbai under MVAT. Stay informed on Maharashtra VAT updates.

Delhi HC Orders Restoration of GST Registration: Violation of Natural Justice

December 11, 2023 1257 Views 0 comment Print

Delhi High Court directs restoration of GST registration for ATT SYS India Pvt Ltd, canceled without a hearing. Analysis of the judgment and its implications.

HC dismisses writ petition, allows appeal before appellate authority under notification No. 53/23

December 11, 2023 3414 Views 0 comment Print

Explore the Kerala High Court’s dismissal of Premier Auto Sales’ writ petition challenging a GST demand of Rs.8,27,93,915. Detailed analysis, implications, and options for appeal.

Join Live Webinar on Why India Needs Urgent Tax Reform

December 11, 2023 5124 Views 0 comment Print

Join our FREE webinar and learn how India can achieve a fairer and more efficient tax system for all. Low tax collection rates, alarming debt position and untapped potential of digital transactions will be discussed!

Hyper-technical view cannot be the basis to assume revisionary jurisdiction

December 11, 2023 960 Views 0 comment Print

ITAT Delhi while quashing the revisionary order passed by the Ld. Pr.CIT held that, mere non-deposit in the capital gains scheme account cannot be the basis to deny deduction u/s 54/54F when the LTCG amount had duly been reinvested within the time allowed under 54(1) and that a hyper-technical/perfectionists point of view cannot the basis to assume revisionary jurisdiction.  

Non-Regularisation of Additional Director: MCA imposes ₹8 Lakh Penalty

December 11, 2023 810 Views 0 comment Print

Discover the penalty imposed by the Ministry of Corporate Affairs for non-compliance with Section 152(2) of the Companies Act 2013. Learn about the case of Inchoi Technology and the consequences.

Kerala HC Ruling on Release of Confiscated Goods Under CGST Act

December 11, 2023 714 Views 0 comment Print

Explore the Kerala High Court’s directive for releasing confiscated goods under the CGST Act in the case of Biju V.T. Detailed analysis, judgment, and legal insights provided.

Director KYC Deactivation due to non-filing of DIR-3-KYC: MCA imposes Penalty

December 11, 2023 12030 Views 0 comment Print

MCA imposes penalty on Inchoi Technology for KYC status deactivation due to non-filing of DIR-3-KYC

Non-Compliance of Section 161(1) of Companies Act 2013: MCA Imposes Penalty

December 11, 2023 1431 Views 0 comment Print

Government order by Ministry of Corporate Affairs regarding violation of Companies Act by Inchoi Technology. Penalties imposed and appeal process detailed.

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