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Archive: 17 January 2024

Posts in 17 January 2024

GST Notice of Personal Hearing devoid of any details is invalid: Chhattisgarh HC

January 17, 2024 1062 Views 0 comment Print

Explore Chhattisgarh High Court’s ruling in Tata Steel vs. State of Chhattisgarh, directing a proper personal hearing notice under CGST Act Section 75(4).

GST Registration Cancellation can take effect from SCN issuance date

January 17, 2024 5619 Views 1 comment Print

Delhi High Court’s decision on GST registration cancellation, clarifying its effective date and impact. Get insights from Varyam Dass Khurana case.

Delhi HC Orders Swift Refund of Rs 8,35,184/- Under Delhi VAT Act

January 17, 2024 453 Views 0 comment Print

ASES Security Pvt Ltd wins Delhi High Court directive for speedy processing of Rs 8,35,184/- VAT refund within two weeks. Details of the case and judgment.

Important Announcement related to completion of one-month EDP by ICSI

January 17, 2024 2334 Views 0 comment Print

Get the latest update from ICSI on Executive Programme completion. Learn about the new EDP requirements for online and classroom modes. Register now for professional excellence.

Section 68: Preference Share Sale Receipt reflected in Books Not Unexplained Credit

January 17, 2024 588 Views 0 comment Print

ITAT Bangalore held that the provisions of section 68 of the Income Tax Act cannot be applied in relation to the sales receipt of preference shares shown by the assessee in its books of accounts as sales receipt has already been shown in the books of accounts as income/loss at the time of sale only.

ITAT Orders Re-Adjudication in Bogus Purchases Case: Kalu Singh Vs ITO

January 17, 2024 1332 Views 0 comment Print

ITAT Bangalore directs re-evaluation of ex-parte assessment order on alleged bogus purchases by Kalu Singh. Detailed analysis and implications of the decision.

Weekly newsletter from Chairman, CBIC dated 17/01/2024

January 17, 2024 687 Views 0 comment Print

Discover the inauguration of the National Academy of Customs, Indirect Taxes, and Narcotics (NACIN) by the Prime Minister, marking a milestone in global cooperation and knowledge exchange.

Tax Benefits on Health Insurance and Bank Interest

January 17, 2024 2103 Views 0 comment Print

Discover tax-saving opportunities with Section 80D for health insurance premiums and Section 80TTA/80TTB for bank interest. Ensure financial wellness and optimize deductions.

MSME Udyam Registration Process and Benefits

January 17, 2024 2859 Views 2 comments Print

Explore the seamless MSME Udyam registration process and discover a multitude of benefits. From interest subvention to government procurement preferences, empower your business today.

Karnataka Compulsory Gratuity Insurance Rules, 2024: Compliance Guide & Recommendations

January 17, 2024 1287 Views 0 comment Print

Understand Karnataka’s new Compulsory Gratuity Insurance Rules 2024. Learn compliance steps, key observations, and expert recommendations for employers.

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