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Archive: 16 March 2024

Posts in 16 March 2024

Government Notifies Guidelines for Film Theatre Accessibility

March 16, 2024 498 Views 0 comment Print

Discover how the Ministry of Information & Broadcasting ensures cinema accessibility for persons with hearing and visual impairments. Learn about guidelines, implementation, and impact

IEPFA Seeks Feedback to Enhance Claims Settlement Process

March 16, 2024 1665 Views 0 comment Print

IEPFA invites stakeholders to share insights on streamlining claims settlement process under the Companies Act, 2013. Deadline: April 15, 2024.

NPCI allows Paytm to continue UPI operation via SBI, YES, AXIS & HDFC banks

March 16, 2024 471 Views 0 comment Print

NPCI grants approval to One97 Communications Limited to join UPI as a Third-Party Application Provider. Learn about the implications and NPCI’s role in transforming India’s digital economy.

Software license fees duration less than two years is revenue expenditure: ITAT Bangalore

March 16, 2024 1896 Views 0 comment Print

ITAT Bangalore held that if the duration of software license is less than two years, then it should be treated as revenue expenditure and if the duration is more than two years, then it should be treated as capital expenditure.

Section 16(2)(c) of CGST Act constitutionally challenged before Orissa HC

March 16, 2024 3294 Views 0 comment Print

Orissa High Court’s interim stay in OSL Securities Ltd. v. Union of India challenges the constitutional validity of Section 16(2)(c) of the CGST Act, preventing coercive action during pendency.

Charges of clandestine removal and undervaluation based on assumptions and presumptions unsustainable: Delhi HC

March 16, 2024 1476 Views 0 comment Print

Delhi High Court held that charges relating to clandestine removal and undervaluation of goods cannot be sustained merely on the basis of assumptions and presumptions. Accordingly, addition rightly deleted.

Addition u/s 69 unjustified as explanation for source of fund rejected without sufficient reasoning: ITAT Bangalore

March 16, 2024 2334 Views 0 comment Print

ITAT Bangalore held that addition under section 69 of the Income Tax Act unjustified as source of fund duly explained. Rejection of the explanation relating to source of fund by the department without sufficient reason is unsustainable in law.

Election Expenditure Monitoring: Curbing Money Power | ECI Directive 2024

March 16, 2024 822 Views 0 comment Print

Explore how the Election Commission of India collaborates with CBIC to monitor election expenditures, combat smuggling, and ensure fair elections in 2024.

Patents (Second Amendment) Rules, 2024

March 16, 2024 996 Views 0 comment Print

Explore the Ministry of Commerce & Industry new rules amending the Patents Rules 2003. Learn about adjudication, appeals, penalties, and the complaint process.

Impact of Inflation on Personal Finance

March 16, 2024 975 Views 0 comment Print

Understand how inflation erodes purchasing power, affects savings & investments, and discover tactics to mitigate its impact on personal finances.

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