Explore RBIs updated Master Circular for Urban Co-operative Banks (UCBs) on income recognition, asset classification, provisioning, and related matters till March 31, 2024.
Explore necessity of uniform cross-border insolvency laws in India, analyzing proposed frameworks and key recommendations from regulatory bodies for a more effective financial landscape.
Stay informed about RBI’s latest master circular on income recognition, asset classification, and provisioning for advances issued to commercial banks.
Filing for A.Y. 2024-25 has begun! Understand the process, forms, and steps needed for seamless income tax return filing in India. Start filing today!
Ministry of Commerce announces promotions against vacancy year 2023. Learn about the new Senior Private Secretaries appointed in DGFT.
Stay compliant with the ROC Compliance Calendar for 2024-25. Ensure timely filing of forms like MBP-1, DPT-3, FLA, KYC, and more to meet statutory obligations.
Supreme Court held that provisions of section 71 of the Customs Act doesn’t apply when goods were not warehoused inside the notified public bonded warehouse but were unloaded outside the notified area but within factory premises and kept under a shed on permission granted by Superintended.
ITAT Bangalore held that payment made by Google India Pvt. Ltd. to Google Ireland Limited (assessee) for sale of online advertisement space is not taxable in India as the same cannot be regarded as royalty or FTS.
Delhi High Court held that petitioner has approach the court only a few days before the time for completion of assessment u/s. 153C of the Income Tax Act would expire.
Explore the detailed analysis of the Delhi High Court ruling on GST registration cancellation, emphasizing the importance of sufficient reasons and proper procedure. Learn why retrospective cancellation must be justified.