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Archive: 21 December 2023

Posts in 21 December 2023

ITAT upheld disallowance of employee’s contribution to PF & ESI 

December 21, 2023 1599 Views 0 comment Print

Read the detailed analysis of O Clock Software Pvt Ltd vs. ACIT case by ITAT Chennai. Learn why deduction was denied for delayed PF/ESI payment under section 36(1)(va).

Denial of LTCG exemption: ITAT directs AO to allow exemption after examination

December 21, 2023 906 Views 0 comment Print

Read the full text of the ITAT Kolkata order in the case of Pan Emami Cosmed Limited vs. DCIT. The denial of LTCG exemption overturned, directing AO to allow after examination.

BEPS 2.0: Unpacking Pillar One and Pillar Two Proposals

December 21, 2023 6117 Views 0 comment Print

Dive into BEPS 2.0 with an in-depth analysis of Pillar One & Pillar Two proposals, reshaping international tax. Explore the impact, India’s stance, and global implications.

Penalty Imposed for Company Without Board or Website (Section 12(1) Violation)

December 21, 2023 17547 Views 0 comment Print

Breaking: SITARAM MAHARAJ SAKHAR KARKHANA (KHARDI) LIMITED faces penalties for non-compliance with Section 12(1) of the Companies Act, 2013. Read the adjudication order.

Foreign Exchange Management (Manner of Receipt & Payment) Regulations, 2023

December 21, 2023 2991 Views 0 comment Print

Explore the latest Foreign Exchange Management Regulations by RBI in 2023. Learn about payment methods, trade transactions, and the impact on India’s financial landscape.

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