Read the latest notification by the Ministry of Finance, allowing specific reporting entities to use Aadhaar authentication for compliance with privacy standards under the Money-laundering Act.
EPFOs recent circular removes Aadhaar from acceptable documents for correcting date of birth. Learn about the implications and the UIDAIs stance on Aadhaar as proof.
Explore RBI Master Circular 2024 on Exposure Norms and Statutory Restrictions for Urban Co-operative Banks. Understand guidelines, limits, and regulatory restrictions.
Understand the impact of Section 43B(h) on MSME in the Income Tax Act from AY 2024-25. Learn about payment timelines, allowances, and disallowances for expenses incurred with Micro and Small Enterprises.
Learn crucial steps for setting up a business unit, from obtaining trade licenses to GST registration and more. A comprehensive guide for entrepreneurs navigating initial requirements.
Explore penalties imposed on Mynd Fintech under Section 89 of Companies Act, 2013 by ROC, NCT of Delhi & Haryana. Understand implications of non-compliance and relevant legal provisions
Navigate complexities of GSTR 9 filing under GST Act. Learn about applicability, due dates, consequences, and steps to avoid penalties. Master your Annual Return process.
Explore the Madras High Court’s ruling on Section 248’s inapplicability to dividend declarations. Detailed analysis and implications of the judgment.
HC acknowledged that, per Rule 142 of the CG&ST Rules, 2017, the issuance of Forms GST DRC-01 and GST DRC-01A is a statutory requirement. These forms precede the issuance of an order under Section 73 of the CG&ST Act. The court emphasized that non-compliance with Rule 142 amounted to a violation of the petitioner’s rights.
Central issue revolved around assessee’s claim for deduction under Section 54F for investing sale proceeds of shares in a residential flat purchased in the name of his minor daughter.
