Analysis of Jones Diraviam Vs Deputy Commissioner GST Appeal ruling by Madras High Court. Impact on businesses, legal considerations, and rights of entrepreneurs.
ICAI Disciplinary Committee reprimands CA. Shantaram Gaikwad and imposes a Rs. 25,000 fine for professional misconduct.
ICAI takes disciplinary action against CA Anil Saxena, removing him from membership for 3 months and imposing a fine for professional misconduct involving fraudulent financial reports.
The ICAI Disciplinary Committee found CA. Purushottam Gupta guilty of professional misconduct as a Concurrent Auditor, failing to report fund misappropriation and exercise due diligence. He received a reprimand and a Rs. 50,000 fine.
The ICAI Disciplinary Committee reprimanded CA Jayant Ishwardas Mehta for professional misconduct involving an incorrect income tax exemption claim.
ICAI Committee reprimands CA. Anand Joshi and imposes a Rs. 15,000 fine for accepting an audit while previous auditor’s fees were outstanding.
Madras HC directs statutory appeal regarding alleged erroneous 100% penalty imposed under CGST Act for period falling under VAT regime. Detailed analysis provided.
Understand CESTAT’s decision on inclusion of separately shown freight and insurance charges in excisable goods’ assessable value.
Analyzing the clash between India’s Insolvency and Bankruptcy Code (IBC) and the Prevention of Money Laundering Act (PMLA), and their impact on asset resolution.
Allahabad High Court, in the case of Saini Engineering And Civil Contractor vs. State of UP And 2 Others, set aside the orders cancelling registration under the Uttar Pradesh Goods and Services Tax Act, 2017, due to lack of reasoning, and directed a fresh adjudication with an opportunity for the petitioner to present their case.
