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Archive: 24 June 2024

Posts in 24 June 2024

ITAT must consider appeals on merits; dismissal for non-prosecution is invalid

June 24, 2024 1710 Views 0 comment Print

Income Tax (Appellate Tribunal) Rules, 1963, which governs the dismissal of appeals for non-prosecution, mandates that appeals should be decided on merits regardless of the appellant’s presence.

SEBI Master Circular for Electronic Gold Receipts (EGRs)

June 24, 2024 1983 Views 0 comment Print

Explore SEBIs latest Master Circular on Electronic Gold Receipts (EGR) 2024. Learn about regulations, risk management, and guidelines for vault managers and depositories.

HC directs GST Council to consider extending appeal period for Sections 129 & 130 orders

June 24, 2024 906 Views 0 comment Print

Read about Allahabad High Court directing GST Council to consider extending appeal time for orders under CGST Act Sections 129 and 130. Full judgment included.

Provisional attachment under GST ceases to have effect after a period of one year

June 24, 2024 846 Views 0 comment Print

Read about Delhi High Court’s ruling in Seema Gupta vs. Principal Commissioner of GST, directing bank to allow operation of bank account after expiry of provisional attachment under CGST Act.

Forgotten Creditors: IBC’s Dual Approach for Homebuyers & other Consumers

June 24, 2024 1476 Views 0 comment Print

Discover how Insolvency and Bankruptcy Code (IBC) protects homebuyers and other consumers, with a detailed analysis of financial and operational creditor rights.

Understanding Alteration of Article of Association under Companies Act, 2013

June 24, 2024 6573 Views 0 comment Print

Learn the process of altering articles of association under Section 14 of the Companies Act, 2013, including key steps, legal requirements, and necessary approvals.

Detailed Analysis of Differences Between Ind AS and IFRS

June 24, 2024 24873 Views 1 comment Print

Detailed Analysis of Differences Between Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS). This comprehensive guide explores the key distinctions, rationale, and implications of each set of standards on financial reporting in India.

Delay in appointment of CFO and whole time CS: ₹12.61 Lakh penalty imposed

June 24, 2024 1284 Views 0 comment Print

Penalty imposed on Trualt Bioenergy Limited and its directors for violating Section 203 of the Companies Act, 2013, regarding key managerial personnel appointments.

Top 6 Services for Advertising Payments in Google Ads, Facebook Ads & TikTok Ads in 2024

June 24, 2024 945 Views 0 comment Print

Discover top virtual card services for seamless Google, Facebook, and TikTok ad payments in 2024. Explore features, limits, and benefits to optimize your media buying strategy.

Weekly newsletter from Chairman, CBIC dated 24/06/2024

June 24, 2024 783 Views 0 comment Print

Discover key decisions from the 53rd GST Council meeting and reflections on International Yoga Day 2024. Read about drug trafficking crackdown by DRI. Insights from Ministry of Finance, India.

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