Sponsored
    Follow Us:

Archive: 06 February 2024

Posts in 06 February 2024

Duty Free Shops are exempt from IGST: Madras HC

February 6, 2024 1029 Views 0 comment Print

Explore the Madras High Court judgment on Plus Max Duty Free (Madurai) Pvt. Ltd. vs Principal Chief Commissioner of GST & Central Excise. Learn about IGST implications, refund claims, and the impact on Duty Free Shops.

ITC cannot be denied without considering submission of the petitioner

February 6, 2024 5622 Views 0 comment Print

Explore the Madras High Court’s judgment in TVL. Cleon Optobiz Pvt Ltd vs Assistant Commissioner (ST) regarding Input Tax Credit (ITC) reversal due to retrospective cancellation of supplier GST registration. Learn about the court’s analysis and implications.

Urban Agricultural Land Sales Subject to Capital Gains Tax: ITAT Delhi

February 6, 2024 2553 Views 0 comment Print

Explore the ITAT Delhi’s decision in Dharam Pal Saini vs PCIT, upholding revision proceedings u/s 263 of the Income Tax Act. Learn about the assessment on sale of urban agricultural land and its implications on capital gains tax.

Bombay HC: Amend GSTR-1 for Mahindra & Mahindra’s Input Tax Credit

February 6, 2024 1473 Views 0 comment Print

Bombay High Court allows Railroad Logistics to amend GSTR-1 for FY 2018-19, enabling Mahindra & Mahindra to claim Input Tax Credit. Detailed analysis of the judgment provided.

Bombay HC: Restore GST Registration Cancelled Without Hearing

February 6, 2024 1767 Views 0 comment Print

Bombay High Court directs the restoration of GST registration for Red Fox Events, cancelled without a hearing due to unavoidable circumstances. Explore the court’s detailed judgment.

India’s Tobacco Industry: Rs 1 Lakh Penalty for Unregistered Packing Machines

February 6, 2024 957 Views 0 comment Print

Introduction: In a significant move to combat revenue leakage within the tobacco industry, the Indian government has introduced a penalty of up to Rs 1 lakh for manufacturers of pan masala, Gutka, and similar products who fail to register their packing machinery with the GST authorities. Effective from April 1, 2024, this amendment aims to […]

SEBI Guidelines for returning of draft offer document and its resubmission

February 6, 2024 897 Views 0 comment Print

Understand SEBIs guidelines for returning and resubmitting draft offer documents. Learn about compliance requirements for issuers and lead managers.

Draft Format of letter for filing objection to Section 148 Income Tax notice

February 6, 2024 14247 Views 0 comment Print

Learn how to draft a letter objecting to a notice under Section 148 of the Income Tax Act, 1961. Understand the legal aspects, necessary documentation, and key considerations.

Spice+ Form: Simplifying Company Registration in India

February 6, 2024 2655 Views 0 comment Print

Explore the transformation from SPICe to SPICe+ form for company registration in India. Learn about its services, benefits, and key information for a hassle-free business setup

Amendment to section 43B w.r.t. payment to Micro or Small Enterprises

February 6, 2024 5790 Views 0 comment Print

Explore amended Section 43B of Income Tax Act, 1961, focusing on payments to Micro or Small Enterprises. Learn criteria, time limits, and implications for traders. Stay informed!

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031