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Archive: 13 February 2024

Posts in 13 February 2024

DGFT Trade Notice: Human Hair Export Policy Amendments 2024-25

February 13, 2024 558 Views 0 comment Print

Stay updated on DGFTs Trade Notice No. 37/2023-24, implementing export policy changes for human hair. Learn about application procedures and guidelines.

IBBI Circular on Voluntary Liquidation of Financial Service Providers

February 13, 2024 264 Views 0 comment Print

Explore IBBIs latest circular on voluntary liquidation, addressing compliance issues for financial service providers. Reporting requirements and key directives outlined.

Managing Unclaimed Dividends in Voluntary Liquidation: IBBI Guidelines

February 13, 2024 264 Views 0 comment Print

Learn how IBBI regulates the handling of unclaimed dividends and undistributed proceeds in voluntary liquidation processes for stakeholders.

Draft IRDAI (Bima Sugam – Insurance Electronic Marketplace) Regulations, 2024

February 13, 2024 387 Views 0 comment Print

Explore the IRDAI’s groundbreaking Bima Sugam – Insurance Electronic Marketplace Regulations, 2024. Learn about its objectives, governance, and how it aims to democratize insurance services in India.

Section 80P Deduction Conditional on Timely Claim in Return Filed U/s 139(1)

February 13, 2024 1551 Views 1 comment Print

Explore the ITAT Bangalore verdict on how the statutory deadline for filing returns affects eligibility for deductions under Section 80P, highlighting the case of Madhu Souharda Pathina Sahakari Niyamitha vs ITO.

Finance Bill 2024 Proposes Changes to Input Service Distributor: A New Time Bomb Ticking

February 13, 2024 2643 Views 2 comments Print

Understand the significant changes proposed in the interim budget 2024 regarding the Input Service Distributor concept under GST, impacting businesses and compliance.

Section 43B(h) of Income Tax: Deductions for Payments to MSEs

February 13, 2024 1881 Views 0 comment Print

Gain clarity on Section 43(B)(h) of the Income Tax Act, 1961 regarding deductions for payments to micro and small enterprises. Understand its provisions and compliance requirements.

Government announces Remission of Income Tax Demands as per Budget 2024

February 13, 2024 12378 Views 0 comment Print

Explore the details of F. No. 375/02/2023 – IT-Budget by the Ministry of Finance. Learn about the remission of outstanding tax demands and its implications under the Union Budget 2024-

ISD vs Cross Charge: The Budget Twist

February 13, 2024 2808 Views 0 comment Print

Understand the changes in ISD and Cross Charge post-Budget 2024. Navigate through the implications, amendments, and compliance considerations for businesses.

Fabrication of Form 15CB certificates doesn’t fulfill ingredients of offence of money laundering

February 13, 2024 495 Views 0 comment Print

Delhi High Court held that unauthorized outward remittance by forged Form 15CB certificates has not fulfilled the ingredients of the offence of money laundering as there is no “proceeds of crime” being generated from scheduled offence i.e. fabrication of Form 15CB certificates.

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