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Archive: February, 2024

Posts in February, 2024

TDS on Property Purchase: Rules, Rates and Responsibilities

February 4, 2024 25464 Views 1 comment Print

Understand the intricacies of TDS on property purchases. Learn about rates, thresholds, responsibilities, and consequences. Stay informed to navigate real estate transactions smoothly.

No Penalty under Section 129 of CGST Act if No Tax Payable

February 4, 2024 6057 Views 0 comment Print

Explore the Calcutta High Court’s groundbreaking decision in Mohammad Shamasher’s case, challenging Section 129 penalties for alleged GST violations. Detailed analysis, legal implications, and key takeaways revealed.

Karnataka HC Directs BBMP on Preventive Measures for Unauthorized Constructions

February 4, 2024 3123 Views 0 comment Print

Explore the Karnataka High Court recent judgment offering crucial preventive measures to Bruhat Bengaluru Mahanagara Palika (BBMP) against unauthorized constructions. Learn the impact and future implications

SEBI Consultation: Flexibility for AIFs in Creating Encumbrance on Equity in Infrastructure Sector

February 4, 2024 1449 Views 0 comment Print

Explore SEBIs proposal on AIFs creating encumbrance for infrastructure investment. Public comments sought for amendment to AIF Regulations.

SEBI’s Interim Recommendations on ICDR Regulations: Expert Committee Update

February 4, 2024 945 Views 0 comment Print

Explore SEBI’s interim recommendations for ease of doing business, including additional suggestions on the 1% security deposit in public/rights issues under ICDR Regulations. Share your views by February 9, 2024.

Alleged GST Scam of Rs. 1466 crores: Gujarat HC Grants bail to accused

February 4, 2024 1161 Views 0 comment Print

Gujarat High Court grants bail in the alleged GST scam of Rs. 1466 crores. Detailed analysis of Hitesh Prabhudas Lodhiya’s case against the State of Gujarat.

HC Grants Bail to co-accused in GST Scam involving Tax amount of 35 Crore

February 4, 2024 867 Views 0 comment Print

Dive into the Gujarat High Court judgment quashing Mitesh Sejpals bail. Analysis of legal arguments, court considerations, and implications of the ruling.

Return Seized Property if PMLA Probe Exceeds 365 Days with No Proceedings: Delhi HC

February 4, 2024 1737 Views 0 comment Print

Explore the Delhi High Court’s landmark judgment on property seizure by ED, emphasizing the lapse if the PMLA investigation extends beyond 365 days without resulting in proceedings.

Customs Exchange Rates effective from 5th January, 2024

February 4, 2024 4599 Views 0 comment Print

Explore the latest Customs Notification No. 01/2024-Cus (NT) dated 4th January 2024, detailing revised exchange rates for foreign currencies affecting imports and exports.

NCLT Chandigarh: Bench 2 Cases Transferred to Bench 1

February 3, 2024 1380 Views 0 comment Print

Explore the order dated 03.02.2024 from NCLT Chandigarh transferring all pending cases from Bench 2 to Bench 1. Detailed analysis and implications.

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