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Archive: February, 2024

Posts in February, 2024

Provision of Tax Deducted at Source from Rent under Section 194I

February 23, 2024 4230 Views 0 comment Print

Explore Section 194I of the Income Tax Act for tax deductions on rent payments. Learn rates, exemptions, and important clarifications for landlords and tenants.

Right To Adopt Children Is Not A Fundamental Right: Delhi HC

February 23, 2024 1557 Views 0 comment Print

Explore Delhi High Courts landmark judgment clarifying that the right to adopt is not a fundamental right. Analysis of Adoption Rules alterations and implications for prospective adoptive parents.

RBI Allows PPIs for Public Transport Payments – Directive Update

February 23, 2024 939 Views 0 comment Print

Read about the Reserve Bank of Indias directive amendment allowing authorized PPI issuers to provide payment services for public transport systems. Immediate effect.

SEBI Consultation Paper on Ease of Doing Business Initiatives For Mutual Funds

February 23, 2024 753 Views 0 comment Print

Explore SEBIs consultation paper proposing ease of doing business initiatives for Mutual Funds. Share your thoughts on key recommendations. Deadline: March 15, 2024.

A Comprehensive Guidance: FSSAI Registration and Licensing

February 23, 2024 2676 Views 0 comment Print

Explore the essential guide to FSSAI Registration and Licensing in India, covering eligibility, process, documentation, fees, and benefits for food businesses.

Demand of only interest for various reasons under CGST Act by department

February 23, 2024 5004 Views 0 comment Print

Explore the nuances of GST notices for interest demands, the legal framework, and judicial insights on the correct procedural approach for taxpayers.

Draft / Sample Appeal for DRC-01/ DRC-07 of FY 2017-18 GST

February 23, 2024 54520 Views 1 comment Print

Delhi High Court mandates issuing a detailed Show Cause Notice for GST evasion, emphasizing on procedural correctness and natural justice principles.

New Criteria and definition of MSME wef 01.07.2020

February 23, 2024 10557 Views 0 comment Print

India’s new MSME criteria effective July 1, 2020, redefine business scales for growth, integrating investment and turnover for a streamlined classification.

Bharatiya Nyaya, Nagarik Suraksha & Sakshya Adhiniyam 2023: Effective July 1, 2024

February 23, 2024 2665 Views 0 comment Print

Explore the implications of Bharatiya Nyaya Sanhita, Nagarik Suraksha Sanhita, and Sakshya Adhiniyam 2023 effective from July 1, 2024. Detailed analysis of these legal notifications.

Tackling Tax Avoidance in UK: Ramsay doctrine and General Anti-Avoidance Rule (‘GAAR’)

February 23, 2024 984 Views 0 comment Print

Learn about tackling tax avoidance in the UK with the Ramsay doctrine and GAAR. Explore their implications and effectiveness in combating tax avoidance strategies.

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