Analysis of ITAT Delhi’s ruling in DCIT vs. Sandeep Hooda clarifies conditions for Income Tax Act 1961 Section 54 deduction eligibility in absence of basic amenities.
In this article we will analyse Input tax credit on motor vehicles post 01-02-2019 GST amendment. Motor Vehicles are used for transportation of goods or passengers/ employees in the business. Under GST, Input tax credit is not restricted for motor vehicles made and used for transportation of goods. However, input tax credit was restricted on […]
Learn about penalties imposed by the Ministry of Corporate Affairs on Green Planet Energy for violations of Companies Act, 2013. Detailed analysis included.
Explore IFSCA’s circular facilitating increased investments by NRIs and OCIs in Indian securities through IFSC based FPIs. Get insights into the alternative routes and compliance requirements.
NPCI International collaborates with Bank of Namibia to deploy India’s UPI in Namibia, boosting financial inclusion and modernizing payment systems.
Explore IFSCA’s latest circular permitting registered non-bank entities to issue derivative instruments with Indian securities as underlying assets in GIFT-IFSC. Understand issuer responsibilities and compliance requirements.
Learn about the new export clearance procedures for silk waste from Chennai, including inspection and certification by authorized officers.
Get updated on Customs Act 1962 with Notification 34/2024 issued by the Ministry of Finance, determining new foreign currency exchange rates effective from May 3, 2024.
Explore the transformative impact of AI in accounting, its global and Indian implications, challenges, regulations, and ICAI initiatives. Join the journey to shape the future of the profession.
Learn how SEBI’s latest circular facilitates seamless digital onboarding for portfolio managers, enhancing transparency & compliance.
