Bombay High Court banned hijab in college campus. It has also made clear that students are free to wear any dress outside college and dress code would be applicable only in college.
Learn about transfer pricing, its importance, methods, documentation, penalties for non-compliance, and advanced pricing agreements in India.
Madras High Court condones delay in appeal filing due to rectification petition in Tvl. SKL Exports v. Deputy Commissioner (ST)(GST)(Appeal).
To bring recommendations of 53rd GST Council meeting to life and address longstanding industry concerns, CBIC issued 16 comprehensive GST circulars on June 26, 2024.
Madras High Court in Greenstar Fertilizers Limited v. The Joint Commissioner (Appeals) clarifies that penalties under CGST Act Section 74 do not apply to unutilized ineligible Input Tax Credit (ITC).
Introduction to Judicial Interpretation of Income Tax Law in India The judicial elucidation of income tax legislation in India plays a pivotal role in shaping the contours of the nation’s taxation regime. Given tax statutes’ intricate and often convoluted nature, the judiciary’s part in expounding and construing these laws becomes indispensable. Over the years, Indian […]
SA 320 states that misstatements, including omissions, are considered to be material if they, individually or in the aggregate could reasonably be expected to influence the economic decisions of the users taken on the basis of the financial statements. The objective of the individual auditor is to obtain a reasonable assurance about whether the financial […]
