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Archive: 25 April 2024

Posts in 25 April 2024

Madras HC: Respond to GST Liability on Seigniorage Fee Intimation

April 25, 2024 702 Views 0 comment Print

Madras High Court demands reply within 4 weeks on GST liability intimation for seigniorage fee. Analysis of judgment and implications.

No amount to be paid through partly paid ‘Redeemable Preference Shares to Operational Creditor

April 25, 2024 261 Views 0 comment Print

Operational Creditor cannot be paid through partly paid ‘Redeemable Preference Shares’ as the distribution of the amount to the Operational Creditor (other than Government Departments) was clearly contrary to provisions of Section 30 (2)(b)(ii).

No penalty if Financial Return submitted within 30 days from AGM date

April 25, 2024 246 Views 0 comment Print

Learn about the exemption from penalties for late financial return submissions within 30 days from the date of AGM, as per the recent order by the Registrar of Companies.

HC Sets Aside Order Denying Personal Hearing under Section 75(4) of CGST Act

April 25, 2024 522 Views 0 comment Print

Read the full judgment where Madras High Court sets aside GST assessment orders due to denial of personal hearing, granting relief to Prosign Communications.

100% Penalty Despite GST Discharge: HC allows statutory appeal

April 25, 2024 474 Views 0 comment Print

Madras High Court disposes WP challenging interest & penalty. Despite GST discharge, 100% penalty imposed. Detailed analysis & conclusion provided.

Introduction to Genesis of Goods And Services Tax (GST) in India

April 25, 2024 891 Views 0 comment Print

Delve into the origins and implications of Goods and Services Tax (GST) in India, its benefits, constitutional provisions, and operational mechanisms.

Classification of Bronze Cladding Panels: Customs Ruling

April 25, 2024 198 Views 0 comment Print

Explore the Customs Authoritys detailed order on the classification of Bronze Cladding Panels (BCP) imported by Larsen & Toubro Limited (CAAR Mumbai).

Company Failed in Filing Annual Return: MCA imposes Penalty of Rs. 103600

April 25, 2024 183 Views 0 comment Print

Explore adjudication order No. ROC(M)/ATCL/Sr. No. 7/ADJ-ORDER/690-692 issued on 25 APR 2024, penalizing ALORA TRADING CO LTD for violating Section 92 of Companies Act, 2013.

RBI Warns Public about Unauthorized Prepaid Payment Instruments by Talk Charge

April 25, 2024 909 Views 0 comment Print

RBI warns against Talk Charge Technologies Pvt. Ltd. issuing unauthorized prepaid payment instruments. Learn about RBI’s directives and how to stay safe.

SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2024

April 25, 2024 804 Views 0 comment Print

Explore the key amendments in the SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2024, impacting fund operations, encumbrance rules, and dissolution periods.

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