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Archive: 28 May 2024

Posts in 28 May 2024

EPFO Eases Claim Filing: No More Cheque Leaf Uploads

May 28, 2024 4038 Views 0 comment Print

EPFO introduces a new relaxation, eliminating the need to upload cheque leaf images for certain eligible cases, expediting claim settlements and reducing rejections.

Extension of CVD on Saccharin Imports from China Until February 28, 2025

May 28, 2024 273 Views 0 comment Print

Learn about the amendment in countervailing duty on Saccharin imports from China PR with Notification No. 02/2024-Customs, dated 28th May 2024.

Abeyance of Public Notice No. 05/2024 impacting Gold/Platinum/Silver export norms

May 28, 2024 309 Views 0 comment Print

Public Notice No. 05/2024 dated 27.05.2024 (regarding modification of permissible wastage and SIONs for Gold/Platinum/Silver in export items) is suspended until July 31, 2024.

Public Notice No. 05/2024 Suspended Until 31.07.2024 for reassessment of permissible wastages in gold/platinum/silver export

May 28, 2024 264 Views 0 comment Print

Learn about the abeyance of Public Notice No. 05/2024-DGFT regarding gold/platinum/silver export norms till July 31, 2024, due to industry consultations.

Place of residence in PAN details is decisive for jurisdiction: Allahabad HC

May 28, 2024 768 Views 0 comment Print

Allahabad High Court determines jurisdiction in faceless assessments based on the assessee’s PAN residence. Learn about the implications and court ruling.

Delhi HC Restores GST SCN to Adjudicating Authority: Reply of taxpayer not considered

May 28, 2024 402 Views 0 comment Print

Delhi High Court restores show cause notice to Adjudicating Authority in Ajayraj Construction Pvt Ltd case. Personal hearing opportunity granted repeatedly. Detailed analysis & conclusion provided.

Purpose of IBC is reorganization & insolvency resolution, not debt recovery: NCLAT Delhi

May 28, 2024 372 Views 0 comment Print

NCLAT clarifies that absence of GST refund/ITC claim in demand notice or Form 5 is not grounds for default under CIRP as per Section 9 of IBC.

Delhi HC Permits Inspection of Seized Article in presence of Customs Authorities

May 28, 2024 342 Views 0 comment Print

Read the detailed judgment of Delhi High Court allowing inspection, measurement, and photography of seized articles in the case of Atsar Exports Pvt Ltd Vs Superintendent of Customs.

Delhi HC Upheld Restitution Principle: Denies Refund of Pre-Deposit Amount

May 28, 2024 306 Views 0 comment Print

Case revolved around principle of restitution and whether petitioner was entitled to a refund of pre-deposit amount in light of overturning of original order.

Deliberation on issue whether gain on sale of shares and securities taxable as Capital Gain or Business Income

May 28, 2024 7602 Views 0 comment Print

Deliberating if gains from share sales should be taxed as Capital Gains or Business Income. Factors include investment intent, transaction frequency, and legal guidelines.

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