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Archive: 27 May 2024

Posts in 27 May 2024

CBDT exempts RBI from Section 206CCA provisions (TCS Collection at higher rate)

May 27, 2024 4008 Views 0 comment Print

The Ministry of Finance exempts RBI from Section 206CCA of Income Tax Act, 1961 through Notification No. 46/2024 dated 27th May, 2024.

Proper Officer Must Consider Taxpayer’s Response before passing the order: Delhi HC

May 27, 2024 645 Views 0 comment Print

Delhi High Court quashes a Rs. 7 crore GST demand, emphasizing the need for the proper officer to consider replies on merits. Details of the judgment.

Madras High Court Upholds Right to Opportunity in Tax Dispute under GST

May 27, 2024 933 Views 0 comment Print

Madras High Court sets aside GST order for denying ITC on commercial vehicle without giving hearing opportunity, directs reassessment with petitioner’s input.

Delhi HC Restores GST Registration for failing to provide clear reasons for cancellation

May 27, 2024 480 Views 0 comment Print

Delhi High Court ruling states GST registration can be cancelled retroactively if warranted, ensuring compliance with objective criteria. Learn more.

IBC not excludes Court Jurisdiction to entertain A&C Act Section 11 Applications: Delhi HC

May 27, 2024 210 Views 0 comment Print

Delhi High Court’s judgment clarifies that IBC proceedings don’t preclude court jurisdiction for Section 11 applications under the Arbitration and Conciliation Act.

SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2024

May 27, 2024 1494 Views 0 comment Print

SEBI has introduced amendments to the Infrastructure Investment Trusts (InvIT) Regulations, enhancing governance and transparency. Learn about the latest updates.

CBDT exempt RBI from Higher TDS deduction under Section 206AB

May 27, 2024 4194 Views 0 comment Print

RBI exempted from Section 206AB of the Income Tax Act, 1961, via Ministry of Finance notification dated May 27, 2024. Learn more about the implications and details.

SC Grants Interim Bail Pending Clarification on Predicate Offence Under PMLA

May 27, 2024 18255 Views 0 comment Print

Read the full text of the Supreme Court judgment granting interim bail in the case of Sunil Kumar Agrawal vs Directorate of Enforcement. Analysis included.

The Role of Engagement in Driving TikTok Likes

May 27, 2024 441 Views 0 comment Print

Boost TikTok likes with high engagement! From likes to comments and shares, each interaction fuels visibility. Create quality content, stay consistent, and engage actively.

Madras HC Directs Consideration of Late Fee Waiver Under GST Amnesty Scheme

May 27, 2024 1392 Views 0 comment Print

Amar Trading Corp vs Union of India: Madras HC directs GST Dept to consider Amnesty Scheme representation for late fee waiver. Full judgment.

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