Learn about the General Authorization for Export of Telecommunication items (GAET) under SCOMET Category 8A5 Part I. Read Public Notice No. 52/2023 for details.
Introduction: The Government of India, through the Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade, has introduced Notification No.82/2023-DGFT on 27.03.2024. This notification pertains to the General Authorization for the export of Telecommunication-related items and Information Security items covered under category 8A5 of SCOMET (Special Chemicals, Organisms, Materials, Equipment, and […]
Learn about the penalty imposed by the Ministry of Corporate Affairs for non-maintenance of registers under Section 171(2) of the Companies Act, 2013 on Hermes I Tickets Pvt Ltd.
Read the full text of the order of ITAT Pune regarding the disallowance of late deposit of Employees’ share of PF and ESIC by Kothari Wheels vs DCIT.
Explore Section 43B(h) of the Income Tax Act 1961, effective from April 1, 2024, applicable from Assessment Year 2024-25, impacting timely payments to micro and small enterprises.
Explore recent GSTN advisories on registration delays, E-way bill integration with new IRP portals, and GSTR-1/IFF amendments for enhanced compliance. Stay informed!
Madras HC instructs appellate authority to review appeal against GSTIN cancellation over non-filing of returns. Details of the case of Ashpra Interiors Pvt Limited vs Commissioner of GST & Central Excise provided.
ITAT Kolkata scrutinized the provisions of section 56(2)(x) of the Income Tax Act, 1961, and observed that the AO had not considered the stamp duty valuation of the property on the date of agreement, which was in 2015. As per the proviso to the section, the stamp duty value on the date of agreement should have been taken into account.
In the case of DCIT Vs Avichal Buildcon Pvt. Ltd., ITAT Delhi allows depreciation claim under section 80IC for building, factory, furniture, and plant machinery blocks, settling a crucial taxation dispute.
Read the full text of the ITAT Ahmedabad order where the revision order against Rameshlal Bullchand Ambwani is quashed due to lack of valid reasons for JDA amendment.
