Discover the implications as the provisions of sections 20, 35, and 40 of the Competition (Amendment) Act, 2023 take effect from March 6, 2024. Stay informed with the latest regulatory changes.
In this Article, we delve into understanding the background of litigation revolving around levy of GST on corporate guarantees along with its recent challenge in Hon’ble Delhi High Court.
Explore the scope of parliamentary privilege amidst bribery allegations post the Supreme Court’s verdict in Sita Soren v. Union of India. Insights on legislative accountability and implications
Learn about CBDT’s circular allowing trusts/institutions to submit Form 10B/10BB audit reports by March 31, 2024, to avoid denial of exemption under specified conditions.
Stay updated with CBDT’s Form 3CD Tax Audit Report Format, Form 3CEB & Form No. 65 revision. Learn about changes in tax audit report format. Notification No. 27/2024-Income Tax Dated: 5th March, 2024
Madras High Court criticizes the classification of Harpic and Lizol under 28% GST slab rate, citing lack of application of mind. Detailed analysis and judgment provided.
CESTAT Allahabad dismisses appeal for violation of Rule 20 due to repeated adjournments. Detailed analysis of the impact of adjournment culture on justice delivery.
Detailed analysis of Finastra International Financial Systems PTE Ltd. Vs ACIT(International Taxation) case where ITAT Delhi ruled that software sales to Indian entities are not taxable under Article 12(3) of India-Singapore DTAA.
Read the detailed analysis of ITAT Delhi’s decision in Bawa Float Glass Ltd Vs DCIT regarding the absence of DIN in statutory approval under section 153D of the Income Tax Act.
Read the detailed analysis of the Allahabad High Court’s decision to grant bail to Qamar Ahmed Kazmi accused of availing excess input tax credit under Sections 419, 420, 467, 468, 471 & 120-B IPC.
