Read about HUDA Urban Estates challenge against the modification of the GST Act’s definition of ‘person.’ Punjab and Haryana High Court issues notice and stays show cause notice.
ITAT referred to principle that expenses are allowable in year of crystallization of their liability, even if they relate to an earlier period. It held that expenses crystallized in current assessment year are deductible, regardless of when they were incurred.
Gujarat High Court held that Notified Area Authority, Vapi, did not meet criteria to be classified as a local authority or governmental authority so not allowed for
Explore a detailed analysis of an RTI appeal before the Executive Director of the Insolvency and Bankruptcy Board of India. Understand the scope, limitations, and outcomes.
Bombay High Court grants petition, orders JCIT to provide copy of exemption certificate under Section 12A of Income Tax Act to Sai Baba Sewa Mandal.
The Securities and Exchange Board of India (SEBI) issues a Master Circular to consolidate various circulars and directions for Custodians. This circular aims to provide stakeholders with easy access to all applicable requirements specified in previous circulars. It covers regulations, compliance requirements, and operational guidelines for Custodians in the securities market. Chapter I: Online Registration […]
Tax dispute arose from GSTR discrepancies. Proposal confirmed sans petitioner’s input. Entire liability withdrawn from bank. Opportunity given for appeal.
Sunfast TVS Ltd. and its directors fined Rs. 11 lakhs for delayed filing of Form MGT-6 under Section 89(6) of the Companies Act, 2013
Read the full text of ITAT Mumbai’s order in the case of LANXESS India Pvt Ltd vs DCIT, upholding TNMM method over CUP for benchmarking export transactions under manufacturing segment.
Understand IRDAI’s latest circular on rural, social sector, and motor insurance obligations for insurers. Details on methodology, implications, and compliance.
