GST impact on credit note issued considered as ITC and shown in wrong tables. No revenue loss. Madras HC quashed the order and directs the authority to properly consider the taxpayer’s explanation
Discover how the Orissa High Court ruled in favor of BPD Steel Syndicate Pvt. Ltd. vs Union of India, allowing a stay on recovery proceedings due to the non-constitution of the Appellate Tribunal.
Explore how Madras High Court quashed Assessment Order when Assessee incorrectly reported turnover in GSTR-1 but correctly in GSTR-3B. Full analysis & implications.
Understand the implications of the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024. Learn about changes in the space sector and more.
Explore RBI’s draft directions on Payment Aggregators regulation, covering physical Point of Sale activities & online transactions. Learn about proposed amendments & key changes.
Manyata Reallty Vs Registrar National Company Law Tribunal (Karnataka High Court) The legal landscape surrounding insolvency and bankruptcy has witnessed significant developments in recent years. One such provision is Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. This section deals with the maintainability of petitions before the National Company Law Tribunal (NCLT) against […]
Explore Corporate Social Responsibility (CSR) obligations under Section 135 of the Companies Act, 2013. Learn about spending requirements, committee composition, penalties, and impact assessment.
