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Archive: 02 February 2024

Posts in 02 February 2024

Consultation Paper to revise & revamp nomination facilities in Indian Securities Market

February 2, 2024 915 Views 0 comment Print

Explore SEBI’s consultation paper to revise and revamp nomination facilities in the Indian securities market. Understand the proposed changes, impact on unclaimed assets, and measures for investor protection.

Bombay High Court Allows Assessee to Rectify GSTR-1

February 2, 2024 7488 Views 0 comment Print

Read the full text of the judgment/order from Bombay High Court on Anvita Associates vs. Union of India, highlighting the allowance for rectification of GSTR-1 errors and resolution of disputes with Mahindra Logistics.

RBI Warns Against KYC Fraud: Protect Yourself from Scams

February 2, 2024 825 Views 0 comment Print

Stay vigilant against KYC frauds! Learn the modus operandi, dos, and don’ts to safeguard your financial information. Read RBI’s latest press release for crucial insights.

France becomes first European country to accept UPI

February 2, 2024 32889 Views 0 comment Print

Discover the latest milestone as France becomes the first European country to accept UPI payments. Learn how Indian tourists can effortlessly book Eiffel Tower tickets with secure and hassle-free UPI transactions.

Highlights of Finance Bill, 2024

February 2, 2024 4773 Views 0 comment Print

Explore the key highlights of Finance Bill 2024, covering tax rate updates, deduction amendments, faceless scheme implementation, and changes in TCS regulations.

Main MIC Dust Protective net classifiable under Tariff Heading 59119090: CAAR

February 2, 2024 651 Views 0 comment Print

Explore the Customs Authority ruling on the classification of Main MIC Dust Protective Net by Vivo Mobile India under Tariff 59119090. Detailed analysis, CAAR Delhi decision

Kerala HC Dismisses Writ Petition for Refund of Excess GST Payment

February 2, 2024 879 Views 0 comment Print

Read the Kerala High Court’s judgment on Biju. K. P’s writ petition for tax refund. Analysis of the dismissal and its implications.

Sales tax subsidy under Dispersal of Industries Package of Incentives Scheme is capital receipt

February 2, 2024 1479 Views 0 comment Print

CIT Vs Indo Rama Textiles Ltd. (Delhi High Court) Delhi High Court held that sales tax subsidy/incentive received by the respondent/assessee under the Dispersal of Industries Package of Incentives, 1993 Scheme is a capital receipt and not revenue in nature. Facts- The issue which arises for consideration in the appeals concerns the nature of the […]

Foreign Companies not required to comply Companies Act, 2013

February 2, 2024 3699 Views 0 comment Print

Understanding Section 379 of the Companies Act, 2013: Learn how foreign companies in India are exempt from certain provisions, promoting ease for foreign investments.

Navigating Global Maze: India and New Era of Minimum Corporate Taxation

February 2, 2024 1029 Views 0 comment Print

Explore the impact of OECD’s Global Minimum Tax Agreement on India’s tax landscape. Uncover challenges, opportunities, and India’s commitment to a fair international tax system.

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