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Archive: 27 June 2024

Posts in 27 June 2024

Filing of Form MSME-1

June 27, 2024 9420 Views 0 comment Print

Understand Form MSME-1 filing requirements and penalties under the MSMED Act. Learn about deadlines, required information, and compliance details here.

Orissa HC Orders Rs 10 Lakhs Compensation For Minor’s Death After Wall Collapse In Govt Primary School

June 27, 2024 1137 Views 0 comment Print

Read the Orissa High Court’s landmark judgment ordering Rs 10 lakhs compensation for a minor’s death due to a school wall collapse. Includes detailed analysis and implications.

SEBI (Prohibition of Fraudulent & Unfair Trade Practices) Amendment Regulations 2024

June 27, 2024 1488 Views 0 comment Print

Explore the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Amendment Regulations 2024. Learn about changes, implications, and enforcement.

Health and Life Insurance: How much coverage amount is necessary?

June 27, 2024 1425 Views 0 comment Print

Learn how to determine the right coverage for health and life insurance. Discover the best plans and tips for securing your family’s financial future.

Summary of 16 Circulars issued by CBIC based on 53rd GST Council Recommendations

June 27, 2024 19434 Views 1 comment Print

Explore summaries of recent GST circulars issued by CBIC following GST Council recommendations. Stay updated on key clarifications affecting taxpayers.

Tax Free Income: There is no tax on these earnings, check before filing ITR

June 27, 2024 2679 Views 0 comment Print

Discover what income is tax-free and save on your taxes. Learn about untaxed earnings before filing your ITR. Stay updated!

Late Form 67 filing doesn’t invalidate foreign tax credit claim

June 27, 2024 2247 Views 0 comment Print

Explore the detailed analysis of Vinodkumar Lakshmipathi appeal against CIT(A) NFAC regarding foreign tax credit disallowance for AY 2018-19. Understand the implications and legal nuances.

Disallowance post Form 10CCB filing is debatable & not permissible u/s 143(1)

June 27, 2024 1590 Views 0 comment Print

Discover the ITAT Kolkata ruling on Surendra Steels vs DCIT, addressing the disallowance of 80IC deduction due to procedural issues and audit report delays.

Filing of Form 67 is procedural or directory requirement not a mandatory one

June 27, 2024 894 Views 0 comment Print

ITAT’s judgment in the case of Eastman Industries Ltd. Vs ACIT addressed critical procedural issues related to the late deposit of employees’ provident fund contributions and the submission of Form 67 for claiming FTC.

SC allows interest on funds given to subsidiaries out of interest free funds

June 27, 2024 1005 Views 0 comment Print

CIT Vs Reliance Industries Ltd (Supreme Court of India) The Supreme Court of India adjudicated the appeals filed by the Revenue against the judgment of the Bombay High Court dated 22 & 23 August 2017 for the assessment years 2003-04, 2004-05, 2005-06, and 2006-07. The case dealt with multiple significant questions of law, including the […]

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