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Archive: February, 2024

Posts in February, 2024

Notaries (Amendment) Rules, 2024

February 24, 2024 13658 Views 0 comment Print

Explore the latest amendments by the Ministry of Law and Justice to the Notaries Rules, 1956. Dive into the details of changes impacting notary appointments and quotas.

Income from Indian Entities to Volvo Information Technology AB Not Taxable as Royalty: Delhi HC

February 24, 2024 813 Views 0 comment Print

Delhi ITAT rules in favor of Volvo Information Technology AB, declaring receipts from Indian entities not taxable as royalty, aligning with SC precedents.

Income Tax Notices: AIS/TIS Mismatch for FY 2022-23 – Action Guide

February 24, 2024 30907 Views 5 comments Print

Understand Income Tax notices on AIS/TIS mismatch for FY 2022-23. Learn what actions to take, how to trace transactions, and submit responses to avoid penalties. Expert advice included.

How to recover money under the MSME Samadhaan Scheme

February 24, 2024 4920 Views 0 comment Print

Discover how to recover unpaid dues under the MSME Samadhaan Scheme. File complaints efficiently with the government’s portal. Essential steps and documents outlined here!

Preventing Non-Compliance: CA, CS, Auditors’ Role for AS 15 & IndAS 19

February 24, 2024 3252 Views 0 comment Print

Explore how CA, CS, Auditors & Audit Firms can prevent Indian and Multinational Companies from Non-Compliance of AS 15 (Revised 2005) & IndAS 19. Key insights on NFRA rules, applicability, and actuarial valuation.

HC Upholds Exclusion of Limitation Act in CGST Appeals

February 24, 2024 1731 Views 0 comment Print

Allahabad High Court dismisses a petition against Section 107 of CGST Act, confirming the exclusion of the Limitation Act for appeals, setting a precedent.

Delhi HC Denies Reebok’s Shift to Limited Liability Status

February 24, 2024 2178 Views 0 comment Print

Delhi High Court rejects Reebok India’s conversion to a Limited Liability Company, upholding the Companies (Incorporation) Third Amendment Rules, 2016.

ITC Mentioned in Wrong Column: Delhi HC Directs Officer to Reconsider Assessee’s Reply

February 24, 2024 3045 Views 0 comment Print

Delhi High Court sets aside a CGST Act order over incorrect ITC details, remanding for a fresh review. A victory for accurate tax reporting practices.

Buying a Property? Hold Up! Let’s Talk TDS on Seller’s Residency

February 24, 2024 1998 Views 0 comment Print

Before buying property in India, understand TDS implications based on sellers residency. Navigate TDS rules smoothly with our comprehensive guide. Learn more

Delhi HC Quashes NRI businessman’s LOC in Black Money Case

February 24, 2024 2406 Views 0 comment Print

Delhi High Court allows NRI businessman to travel, quashing the LOC opened for investigation under the Black Money Act, setting conditions for compliance.

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