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Archive: May, 2024

Posts in May, 2024

SEBI Circular: Collective Oversight of PMS Distributors via APMI

May 2, 2024 327 Views 0 comment Print

Learn about SEBI’s circular facilitating collective oversight of Portfolio Management Services distributors through APMI. Effective from January 01, 2025.

GST Refund Application Can’t Be Rejected Based Solely on Inverted Turnover Discrepancies

May 2, 2024 426 Views 0 comment Print

Read about Madras High Court ruling in Sri Krishna Textile Mills vs. Assistant Commissioner, highlighting rejection of refund on inverted turnover mismatch with GST returns.

No Obligation to Access GST Portal for E-Mode Notices: HC Sets Aside Order

May 2, 2024 846 Views 0 comment Print

Allahabad High Court sets aside order as petitioner wasn’t required to check GST portal for notices. Read the detailed analysis of Chemsilk Commerce Pvt Ltd Vs State of U.P. case.

AO Can’t reject Assessee’s Valuation Method without Finding Defect

May 2, 2024 486 Views 0 comment Print

Discover ITAT Kolkata ruling in Deep Jyoti Wax Traders Pvt. Ltd vs. ITO, highlighting the importance of assessee chosen valuation method under Rule 11UA(2).

CENVAT Credit Eligibility: Steel used in Fabrication of plant and machinery

May 2, 2024 297 Views 0 comment Print

Dive into the CESTAT Kolkata ruling on CENVAT credit dispute between Commissioner of Central Excise and Viraj Steel regarding steel items usage.

Regulatory Updates: April 2024 – Company, SEBI, RBI & Insolvency Law

May 2, 2024 615 Views 0 comment Print

Explore recent legal cases, penalties, and regulatory updates including secretarial standards, stamp duty, private placement, and more in corporate law.

Section 80P(2)(d) Deduction: Dividend from Co-op Banks & Credit Society

May 2, 2024 672 Views 0 comment Print

Explore the case of Mahapalika Kshetra Madhyamik Shikshak Sahakari Pat Sanstha Maryadit vs CIT(A) (ITAT Mumbai) regarding deduction under section 80P(2)(d) of the Income Tax Act.

GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore

May 2, 2024 2529 Views 0 comment Print

Discover the Ministry of Finance’s latest report on April 2024 GST collections, marking a historic milestone of ₹2.10 lakh crore with detailed analysis and insights.

Intra-State and Inter-State Supply Under GST

May 2, 2024 1806 Views 0 comment Print

Learn about intra-state and inter-state supply under GST in this comprehensive guide. Understand the differences, tax implications, and key points for accurate GST compliance.

जीएसटी एक्ट में प्रथम अपील धारा 107(4) के तहत भारतीय सीमांकन अधिनियम 1963 की धारा 5 लागू होगी?

May 2, 2024 732 Views 0 comment Print

क्या जीएसटी एक्ट में प्रथम अपील धारा 107(4) में भारतीय सीमांकन अधिनियम (Limitation Act) 1963 की धारा 5 लागू होगी? जब 1 जुलाई 2017 से संपूर्ण भारत में वस्तु एवं सेवा कर अधिनियम 2017 लागू किया गया। इसके पश्चात विवादों ने भी जन्म लिया ।कर निर्धारण के पश्चात किसी व्यक्ति या करदाता  के पास न्याय […]

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