Follow Us :

Archive: 07 May 2024

Posts in 07 May 2024

Dispute over Pricing of Maruti Suzuki Jimny SUV Falls Outside CCI Jurisdiction

May 7, 2024 438 Views 0 comment Print

Dive into the Competition Commission of India’s ruling on the dispute between Maruti Suzuki and Harmit Ahuja over pricing strategies for the Jimny SUV. Detailed analysis and implications discussed.

Draft Static and Mobile Pressure Vessels (Unfired) Rules (Amendment), 2024

May 7, 2024 492 Views 0 comment Print

The Indian government proposes amendments to the Static and Mobile Pressure Vessels (Unfired) Rules, 2016, with new definitions and regulations. Feedback invited.

Necessary to imposes cost on dishonest litigant for taking false & frivolous defences: HC

May 7, 2024 720 Views 0 comment Print

Jharkhand High Court imposes penalty on JBVNL for unjust retention of Rs 2.9 crore, orders refund of TDS. Detailed analysis of Anvil Cables Pvt Ltd vs State of Jharkhand case.

ICAI Finds Member Not Guilty in Shell Company & accommodation entry Allegations

May 7, 2024 1347 Views 0 comment Print

ICAI clears CA of shell company formation & providing Accommodation Entry allegations due to lack of evidence, finding member not guilty of misconduct.

ICAI Disciplinary Board Has No Jurisdiction over Civil Property Disputes

May 7, 2024 345 Views 0 comment Print

Dive into the detailed analysis of a property dispute case involving CA Prasan Kumar Deshlahra, highlighting findings, allegations, hearings, and the Board of Discipline’s conclusion.

Interest Allowable Despite Lower Rates on Loan Given Than Loan Taken

May 7, 2024 1161 Views 0 comment Print

ITAT Ahmedabad allows Interest expenses even if interest rate charged by the assessee on loans given was lower than the rate paid on loans taken, thus disallowing the excess interest paid. Tribunal held that the only requirement for claiming expenses under Section 57(iii) is that they must be incurred wholly and exclusively for the purpose of earning income from other sources. 

CA’s Facebook Post: No Misconduct Without Malicious Intent or Defamation- ICAI

May 7, 2024 2754 Views 0 comment Print

Explore the findings of a disciplinary board regarding a CA’s Facebook post on the New Code of Ethics. Was it misconduct or freedom of speech? Dive into the analysis.

Provisional Attachment under GST Beyond 1 Year Invalid: Allahabad HC

May 7, 2024 405 Views 0 comment Print

Read about RD Enterprises vs Union of India where Allahabad High Court orders communication to State & Central authorities regarding the continuation of provisional attachment beyond one year under GST Section 83(2) of CGST Act, 2017.

Are some of Income Tax Assessments and raids unfair?

May 7, 2024 1560 Views 0 comment Print

Explore the fairness of tax assessments & raids through a detailed analysis of a recent case. Learn about the powers of income tax officers, evidence requirements, & more.

ICAI disciplinary board closes Time-Barred Case filed after 11 years 

May 7, 2024 399 Views 0 comment Print

Explore the case analysis of CA Rajesh Nakra’s alleged involvement in a bribery case, leading to a detailed examination of the proceedings and the Board’s decision.

Search Post by Date
June 2024
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930