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Archive: December, 2023

Posts in December, 2023

Mastering NCLT Petitions: Tips for Faster Acceptance and Error-Free Drafting

December 22, 2023 2580 Views 0 comment Print

Unlock the secrets to swift NCLT petition acceptance. Learn legal and practical insights for flawless drafting. Expert tips for effective cause title, indexing, and more.

SC Dismisses Customs Appeal for huge delay in filing: Relief for Reliance Jio

December 22, 2023 1068 Views 0 comment Print

Supreme Court dismisses Customs Appeal, granting relief to Reliance Jio Infocomm. Explore the full judgment and implications of the delay in filing the appeal.

CIT vs Travelport: Delhi HC Upholds 15% Revenue Attribution to PE in India

December 22, 2023 963 Views 0 comment Print

Delhi High Court grants relief to Travelport LP USA as it upholds CIT’s 15% revenue attribution to PE in India. Full text and analysis of the judgment.

Despite Error on Law by Original Authority, Remedy Against Order is to File an Appeal Under Statute

December 22, 2023 501 Views 0 comment Print

Explore the Kerala High Court’s dismissal of a writ petition against KVAT Act’s assessment order. Learn about the importance of alternative remedies for errors in law.

Customs Exemptions for Echo Dot 4 and Echo Show 5 Among Echo Devices

December 22, 2023 855 Views 0 comment Print

Eleven devices were correctly classifiable under CTH 8517 and more particularly under Tariff Entry 8517 62 90. Echo Show 5, Echo Dot 4th Generation and Echo Dot 4th Generation with Clock were held eligible to claim exemptions in accordance with SI. No. 20 of the Notification dated 30 June 2017, as amended vide Notification dated 01 February 2021.

ICAI Holds Auditor Guilty of Misconduct for Failing to Detect Transactions in Bank Audit

December 22, 2023 960 Views 0 comment Print

The ICAI Disciplinary Committee found CA. Tirumavalavan CK guilty of professional misconduct for failing to perform his duties as a bank auditor. He was reprimanded and fined.

Coaching Services Are Composite Services: Appellate Advance Ruling

December 22, 2023 3432 Views 0 comment Print

In a recent decision by the Appellate Authority for Advance Ruling (AAAR) Rajasthan, it was clarified that coaching services provided by institutes, bundled with the supply of goods/services, constitute a composite supply, primarily comprising coaching services.

Note on Kavin Gas Vitarak Case Madras High Court

December 22, 2023 13656 Views 1 comment Print

Gain insights into the recent Kavin Gas Vitarak case at the Madras High Court, offering potential relief for taxpayers facing ITC denial. Delve into the context, examining changes in Rule 60 and the impact of filing GSTR-3B manually. Understand the limitations of this decision, primarily applicable to FYs 2017-18 to 2018-19, shedding light on the dynamics between GSTR-2 and GSTR-3B for claiming and availing ITC

Building A Better Future for Homebuyers: Maharera’s Proposal for A Robust Quality Assurance System

December 22, 2023 861 Views 0 comment Print

Explore MahaRERA’s groundbreaking proposal for a robust Quality Assurance System in India’s real estate. Learn how Third-Party Quality Monitoring ensures defect-free homes and boosts customer trust.

Income Tax Department Unearths Massive Tax Evasion in East India Operation

December 22, 2023 1464 Views 0 comment Print

In a recent search operation in Odisha, Jharkhand, and West Bengal, Income Tax Department reveals staggering tax evasion of a group involved in liquor, healthcare, and education businesses.

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