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Archive: February, 2024

Posts in February, 2024

Weekly newsletter from Chairman, CBIC dated 26/02/2024

February 26, 2024 852 Views 0 comment Print

Discover the latest CBIC newsletter highlights, including AEO-MRA negotiations with Singapore Customs and progress in GSTN BO training. Stay informed!

Analysis of Ind AS 8: Accounting Policies, Changes in Accounting Estimates & Errors 

February 26, 2024 8655 Views 0 comment Print

Learn about Ind AS 8 – Accounting Policies, Changes in Accounting Estimates, and Errors. Understand its purpose, scope, and how it affects financial reporting, including accounting policies, changes, and corrections.

IBBI Imposes Penalty IP for Violations in Corporate Insolvency Cases

February 26, 2024 723 Views 0 comment Print

Read about the disciplinary action against Mr. Shashi Agarwal by IBBI for non-compliance in corporate insolvency cases. Learn about the violations and imposed penalty.

CBDT approves Panjab University’s Scientific Research Deduction U/s. 35(1)(ii)

February 26, 2024 768 Views 0 comment Print

Explore the impact of Income Tax Notification No. 23/2024 dated 26th Feb 2024, granting Panjab University Scientific Research status under section 35. Learn about the retrospective effect and its applicability for Assessment Years 2024-2025 to 2028-2029.

Delhi HC Validates Partial Arbitral Award Setting Aside

February 26, 2024 966 Views 0 comment Print

Delhi High Court allows partial setting aside of an arbitral award under Section 34, emphasizing independent component validity in NHPC Ltd vs Jaiprakash Associates case.

Payments to MSMEs – decoding Section 43B(h) read with MSMED Act

February 26, 2024 13821 Views 1 comment Print

Understand Section 43B(h) of the Income Tax Act, 1961, its implications, and how it impacts payments to micro and small enterprises. Learn about compliance requirements and exemptions in this comprehensive guide.

Ind AS 7: Statement of Cash Flows Explained

February 26, 2024 5408 Views 0 comment Print

Learn about Ind AS 7 – Statement of Cash Flows, its objectives, principles, and key requirements for classifying cash flows into operating, investing, and financing activities. Understand how it helps assess an entity’s financial health.

Guide to Updated Tax Return Under Section 139(8A)

February 26, 2024 13326 Views 0 comment Print

Discover the benefits of ESI registration in Gurgaon for businesses, offering health security for employees, legal compliance, and a financial safety net.

Process to claim GST Refund

February 26, 2024 5133 Views 0 comment Print

Learn how to claim a GST refund in India, including necessary documentation, processes, and conditions for various refund scenarios under GST regulations.

Live Webinar on Section 43B(h) of Income Tax Act, 1961- MSE Payment

February 26, 2024 10813 Views 0 comment Print

Live Webinar on Section-43B(h) of Income Tax Act, 1961 read with Section-2, 7-8, 15-16-17 of MSMED Act 2006 on 03-03-2024- Sunday  11:00 AM by Advocate Rajbir Singh.

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