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Archive: 07 February 2024

Posts in 07 February 2024

Government’s Crackdown: Rs. 44,000 Crore Fake GST Claims Uncovered

February 7, 2024 1041 Views 0 comment Print

Explore how the Ministry of Finance unearthed Rs. 44,000 crore bogus input tax credit claims in GST. Details of measures taken to address systemic failures.

Exposing Illegal Loan Apps: India’s Comprehensive Regulatory Framework

February 7, 2024 795 Views 0 comment Print

Explore the steps taken by the Indian government to address the issue of illegal loan apps and sensitize the public. Get insights into the regulatory framework and enforcement actions.

MSME Development and Credit in the Country

February 7, 2024 696 Views 0 comment Print

Explore the comprehensive efforts by the Ministry of Micro, Small & Medium Enterprises to enhance credit accessibility for MSMEs through schemes like PMEGP, PMMY, PM Vishwakarma Scheme, and more.

ICAI Penalises CA for Not Communicating With Previous Auditor

February 7, 2024 837 Views 0 comment Print

The ICAI Disciplinary Committee fined CA. Maninder Singh Dinga Rs. 35,000 for professional misconduct, including failing to communicate with the previous auditor and ensuring fee payment.

MSME: Digital Loan approval in 59 minutes

February 7, 2024 1047 Views 2 comments Print

MSMEs and smaller enterprises can get digital loan approval in just 59 minutes. Get the loan details such as eligibility, amount and GST details you need to keep ready for application on SIDBI’s portal now.

Applicability of Section 43B(h) for MSME Act 2006

February 7, 2024 24978 Views 0 comment Print

Explore the applicability and basic conditions of Section 43(H) under the Income Tax Act, effective from April 1, 2023. Understand its impact on micro and small businesses registered under the MSME Act of 2006.

Conversion of Limited Liability Partnership to Company

February 7, 2024 23526 Views 1 comment Print

Learn the step-by-step process of converting an LLP into a Private Limited Company, including legal aspects, tax implications, and post-conversion considerations. Understand the benefits and procedures involved.

Miraj Cinema not profiteered from reduction in GST rates for tickets: CCI

February 7, 2024 978 Views 0 comment Print

Delve into the detailed analysis of the Competition Commission of India’s order regarding alleged profiteering by Miraj Entertainment Limited in ticket pricing. Understand the findings and conclusions of the investigation.

Pivotal Infrastructure Pvt. Ltd. not guilty of profiteering in respect of project ‘Devaan’: CCI

February 7, 2024 546 Views 0 comment Print

Explore the detailed analysis of the Competition Commission of India’s order regarding profiteering allegations against Pivotal Infrastructure Pvt. Ltd. Discover the findings and conclusions of the investigation

Classification of Creative Touch 5-series Interactive Flat Panel (IFP)

February 7, 2024 2358 Views 0 comment Print

Customs Authority of Advance Ruling, Mumbai, regarding the classification of Creative Touch 5-series Interactive Flat Panel (IFP) by Audio Distribution House Pvt. Ltd.

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