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Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!
Explore the adjudication order imposing penalties on MARS MERCANTILES PRIVATE LIMITED for non-compliance with Section 158 of the Companies Act, 2013. Understand the violations, company’s response, and the imposed penalties.
In the case of Raj Auto Wheels (P) Ltd vs ACIT, ITAT Jaipur meticulously analyzed additions based on customer advances and sales deferment, emphasizing legal principles and fair assessment. Tribunal’s rulings underscore the importance of genuine transactions and consistent legal application in tax assessments.
The issue involved the contention that disallowance under Section 40(a)(ia) should not be made if the payee has already paid taxes. Noteworthy payees included public limited companies such as Maruti Udhyog Ltd., and Non-Banking Finance Corporations like Sundaram Finance, AU Finance, and Mahindra & Mahindra Finance.
Rajeshwar Prasad Choudhari challenges service tax demand based on Form 26AS data. CESTAT Kolkata sets aside order due to lack of evidence. Detailed analysis and key legal precedents.
R. Soundararajan & Co. challenges GST order in Madras High Court. Notice sent to wrong email, violating natural justice. Detailed analysis of the case and court’s directive.
Explore the steps, regulations, and tax benefits associated with establishing an Alternative Investment Firm (AIF) Category II in India’s only International Financial Service Centre (IFSC) – GIFT City. Learn about leverage permissions, diversification limits, and investment avenues for AIFs, providing a roadmap for global financial service providers.
Explore the latest enhancement in GSTR 1 with dedicated tabs for reporting electronic e-commerce portal sales. Learn the intricacies of Tables 14 and 15, facilitating seamless and accurate reporting for taxpayers.
Stay informed with the latest GST changes: Reduced GST on LPG, extended filing deadlines (GSTR-3B, GSTR-9, GSTR-9C), and a new special procedure for manufacturers.
Explore transformative journey of Startup India, catalyzing innovation and economic growth. Learn about eligibility, benefits, and exemptions for startups under Indian regulations.
Explore the regulations governing Non-Banking Financial Companies (NBFCs) in India. Learn about categories, compliance, and essential requirements for NBFCs.
