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Archive: 20 March 2024

Posts in 20 March 2024

Section 143(1) Intimation Without Hearing Assessee Is Unlawful: ITAT Kolkata

March 20, 2024 2601 Views 0 comment Print

Analysis of Aashirvad Villa Limited Vs ITO case by Kolkata ITAT regarding the proceeding upon intimation passed U/s 143(1) without granting reasonable opportunity of hearing to assessee.

Delhi HC Modifies Order cancelling GST registration for failure to furnish returns

March 20, 2024 471 Views 0 comment Print

Detailed analysis of the Delhi High Court’s modification of the order in Manish Anand Vs AVATO Ward-45 State Goods And Services Tax & Ors. regarding the retrospective cancellation of GST registration for failure to furnish returns.

ITAT Delhi allows Section 80IA deduction following rule of Consistency

March 20, 2024 597 Views 0 comment Print

ITAT Delhi allowed the Section 80IA deduction for Celebi Delhi Cargo Terminal Management India Pvt. Ltd. as it was previously allowed in earlier years and consistent decisions were made in favor of the deduction for the same activity.

IRDAI (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024

March 20, 2024 11010 Views 0 comment Print

Explore the latest IRDAI regulations of 2024 focusing on policyholder interests, operations, and insurer conduct. Understand the implications and how they safeguard policyholders rights.

IRDAI (Corporate Governance for Insurers) Regulations, 2024

March 20, 2024 3462 Views 0 comment Print

Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations on corporate governance for insurers in 2024.

Time to erase Pre-Litigation Mediation?

March 20, 2024 1035 Views 0 comment Print

Is it time to reconsider pre-litigation mediation? Explore the implications of Section 12A of the Commercial Courts Act, 2015, and why it may be adding hurdles to the litigation process.

IRDAI (Bima Sugam Insurance – Electronic Marketplace) Regulations, 2024

March 20, 2024 1872 Views 0 comment Print

Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) notification on Bima Sugam – Insurance Electronic Marketplace Regulations 2024. Learn about objectives, definitions, establishment, governance, functions, and more.

Understanding Client Investment Profiles: A Questionnaire Guide

March 20, 2024 2262 Views 0 comment Print

Understand client investment profiles effectively with this comprehensive questionnaire guide for financial planners. Assess suitability for investment strategies based on lifestyle, goals, and risk tolerance.

IRDAI (Rural, Social Sector and Motor Third Party Obligations) Regulations, 2024

March 20, 2024 38466 Views 0 comment Print

Stay informed about the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations for rural, social sector, and motor insurance obligations effective from April 1, 2024.

If Assessee Earns Interest at Arm’s Length Rate no Transfer pricing Adjustment Needed

March 20, 2024 729 Views 0 comment Print

Analysis of Maharashtra Seamless Ltd Vs DCIT case where no transfer pricing adjustment was needed as the assessee earns interest at arm’s length rate.

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