Gujarat High Court issues notice on challenge to the second extension of GST notice time limit by New India Acid Baroda Pvt. Ltd. for alleged S. 168A violation in 2023.
Learn how Avaada Ventures Private Limited challenged an invalid Section 153A order in ITAT Mumbai. Analysis of the case, judgment, and conclusion provided.
Stay compliant with latest tax regulations! Discover the extended deadline for reporting ITC reversal on GST portal. Explore amendments, innovations, and GSTN’s commitment.
Explore the strategic benefits of Actuarial Valuation for Gratuity Accounting Provision. From compliance assurance to risk management, employee retention, and financial gains – uncover the multifaceted advantages. Enhance transparency, build trust, and navigate uncertainties
Learn about MCAs penalty on Purplehues for not filing the annual return. Analysis of Section 92 violation, penalties, and implications under the Companies Act.
With the rapid advancement of technology, the intersection of quantum computing and artificial intelligence (AI) has opened up new avenues for improving various industries.
Kerala High Court quashes GST assessment order due to violation of natural justice. Analysis of the case, notice issuance, and remand for fresh order.
Kerala High Court grants relief to Pankajakasturi Herbals, ruling the last date mentioned under Section 245C of the Income Tax Act to be read as 31st March 2021.
CESTAT Bangalore rules in favor of Access World Wide Cargo, setting aside penalty imposed for alleged violation of Customs Broker Licensing Regulations. Detailed analysis and legal insights.
In this article, we will delve into the taxability of such transactions, specifically focusing on the provisions outlined in Section 45(5A) of the Income Tax Act.
