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Archive: February, 2024

Posts in February, 2024

Implications of amendment in Section 43B to taxpayers and SMEs

February 6, 2024 2154 Views 0 comment Print

Understand the impact of the Section 43B amendment on taxpayers and SMEs in India. Learn about deductions, compliance, and implications for businesses dealing with micro and small enterprises.

Morgan Stanley recently bought 50 lakh shares of PayTM at ₹487.20

February 6, 2024 1563 Views 0 comment Print

Explore Paytm’s impactful journey from the post-demonetization era to the recent RBI restrictions. Uncover the stock’s significant decline, strategic moves by investors, and Paytm’s resilient approach amid challenges.

How to Check MSME Registration by PAN number

February 6, 2024 417655 Views 7 comments Print

Discover the seamless process to check MSME registration by PAN number. Learn step-by-step methods and alternatives, ensuring compliance with Section 43B(h) of the MSMED Act. Verify your suppliers effortlessly.

जीएसटी में फेक इनवॉइस रोकने के उपाय?

February 6, 2024 1989 Views 0 comment Print

राजस्व सचिव संजय मल्होत्रा ने कहा कि सरकार अगले वित्तीय वर्ष 202-/25 में खरीदारों और विक्रेताओं को उनके चालान लॉक करके और Amendment के विकल्प को हटाकर उनकी आउटपुट देनदारी को संशोधित करने के लिए दी गई । सुविधा को खत्म करने की योजना बना रही है। उन्होंने कहा कि इस प्रस्ताव पर अगली जीएसटी परिषद की बैठक में चर्चा की जाएगी।

Preventive Detention Shouldn’t Hinge Solely on Bail Likelihood: J&K&L HC

February 6, 2024 663 Views 0 comment Print

J&K&L High Court rejects preventive detention solely due to bail likelihood. Analysis of landmark judgment quashing detention order.

IFSC Fee Structure: Guidelines for Entities and Applicants

February 6, 2024 1560 Views 0 comment Print

Understand the fee structure set by the IFSC Authority for entities and applicants in International Financial Services Centres. Read the detailed circular.

IFSCA Guidelines: Application Process for Payment Service Providers

February 6, 2024 1854 Views 0 comment Print

Learn how to apply for authorization as a Payment Service Provider (PSP) with the IFSCA. Guidelines, format, and requirements outlined. Get started today.

Notification No. 20/2024-Income Tax Dated: 6th February, 2024

February 6, 2024 10635 Views 1 comment Print

Stay updated on changes to the Income Tax Act with Notification No. 20/2024, issued by the Ministry of Finance. Learn about the amendments made under Section 118.

No reassessment u/s 147 on account of receipt of significant share premium as it lacked tangible evidence

February 6, 2024 1827 Views 0 comment Print

Reassessment notice issued under section 148 on the ground that how a newly incorporated company could command a significant share premium, was purely hypothetical and lacked tangible evidence and that could not be a tangible material for arriving at reason to believe escapement of income.

MCA Imposes Penalty of Rs. 568000 for 18 days delay in CS Appointment

February 6, 2024 5064 Views 0 comment Print

Understand the penalty imposed on CISTRO TELELINK LIMITED for non-compliance with Section 203(1) of the Companies Act, 2013. Learn about the adjudication process, penalties, and appeal options.

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