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Archive: March, 2024

Posts in March, 2024

ITC is not available in relation to construction of immovable property which is further let out for commercial purpose

March 16, 2024 2670 Views 0 comment Print

Explore the ruling by the West Bengal Appellate Authority for Advance Ruling on Input Tax Credit (ITC) for constructing immovable property let out for commercial use.

Google’s App Store Monopoly: Unfair Practices Under CCI Scrutiny

March 16, 2024 2991 Views 0 comment Print

Explore the Competition Commission of Indias detailed analysis of People Interactive India Private Limited vs. Alphabet Inc. over Googles alleged monopolistic practices in app store payment policies.

Section 139(8A): Updated Return effective from 1st April, 2022

March 16, 2024 5280 Views 1 comment Print

Learn about Section 139(8A) effective from April 1, 2022, its impact on tax filing, rules, and when to file updated returns. Get insights now!

Empanelment of CA Firms as Concurrent Auditors with IDBI Bank

March 16, 2024 17697 Views 0 comment Print

Apply now to become a Concurrent Auditor for IDBI Bank. Eligible CA firms invited. Know the criteria, documents needed, and application process.

Orissa High Court Grants Relief for GST Filing Errors

March 16, 2024 2361 Views 0 comment Print

Orissa High Court’s judgment allows correction of GST filing errors, permitting deduction from CGST and SGST, adding to IGST. Sidhi Durga Agro & Automobiles Vs GST Council.

Planning for an effective bank branch Statutory Audit

March 16, 2024 7881 Views 1 comment Print

Discover essential steps for an effective bank branch statutory audit, from initial preparation to finalization of reports. Explore detailed analysis and key considerations.

Madras HC Directs YouTuber To Pay Rs 50 Lakh Compensation

March 16, 2024 4425 Views 0 comment Print

Madras High Court directs YouTuber to pay Rs 50 lakh compensation for posting defamatory video falsely linking an organization to a crime. Analysis of the landmark judgment.

Non-filing of SFT Return Not Grounds for Penalty: ITAT Kolkata

March 16, 2024 1026 Views 0 comment Print

Read about Durgapur Steel Peoples’ Cooperative Bank Ltd vs Director of Income Tax case. ITAT Kolkata rules that non-filing of SFT return isn’t grounds for penalty under Section 271FA.

Ministry of I&B Blocks 18 OTT Platforms for Obscene Content

March 16, 2024 810 Views 0 comment Print

Ministry of Information & Broadcasting takes decisive action against 18 OTT platforms for disseminating obscene and vulgar content. Details of blocked platforms, content violations, and governmental measures.

Amendment in Import Policy for Duck Meat under Chapter 2 of ITC (HS) 2022

March 16, 2024 666 Views 0 comment Print

Stay updated with the latest notification (No. 78/2023) from the Ministry of Commerce & Industry regarding the amendment in import policy conditions for duck meat under Chapter 2 of ITC (HS) 2022.

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