Penna Cement Industries Ltd. Vs State of Andhra Pradesh (Andhra Pradesh High Court) – GST recovery proceedings can be initiated only if amount is not paid within a period of 3 months from the date of service of order
Presence of mens rea is deemed essential for imposition of penalties related to tax evasion. Mere technical errors, without evidence of intent to evade taxes, do not warrant penalty imposition.
Discover the correction to Public Notice No.01/2024 regarding SION E-124 for Refined Sunflower Oil export. Read about the amendment by the Directorate General of Foreign Trade.
RBI issues directive on fair interest charging practices for lenders, highlighting instances of unfairness and transparency concerns. Read more.
SEBI relaxes filing requirements for changes in Private Placement Memorandum terms by Alternative Investment Funds (AIFs) directly with SEBI, reducing compliance costs.
Explore basic concepts of tax invoices, credit notes, and debit notes under GST. Learn about their importance, issuance, and compliance requirements. For detailed insights, read more.
The Presbyterian Churc Co. Operating Credit & Thrift Society Ltd. Vs ITO (ITAT Jaipur) Section 80P(2)(a)(i) deduction cannot be denied without specifying how the claim of the assessee is not correctly claimed & for motioning status as AOP
The MCA imposes a Rs 4 lakh penalty on Trichy Fabricators Pvt Ltd for failing to disclose related party transactions in Form AOC-2. Learn more about the adjudication order.
Discover how NBFCs are navigating IT governance challenges and embracing RBIs directives for cybersecurity. Explore key insights and strategies for future readiness.
Stay compliant with the Companies Act 2013 by following the annual compliance calendar. Learn about important forms and deadlines for directors, AGMs, filings, and more.
