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Archive: June, 2024

Posts in June, 2024

ROC Andhra Pradesh issues notice for Removal of 93 LLP Names

June 27, 2024 432 Views 0 comment Print

Registrar of Companies Andhra Pradesh issues notice for removal of 93 LLP names from the register. Learn more about the notice and its implications.

Your ITC is Not Fully Safe in GST – Reasons and Solutions

June 27, 2024 6315 Views 0 comment Print

Discover why Input Tax Credit (ITC) safety in GST is uncertain for businesses. Explore reasons, challenges, and proposed government actions for safeguarding ITC.

Continuous Private Placement Offers Without Closing Previous Ones: MCA Penalizes

June 27, 2024 387 Views 0 comment Print

The MCA has penalized Richesm Healthcare Limited for making private placement offers without closing previous ones. Learn more about the violation and penalties imposed.

Understanding the Benefits of Tax Saving FDs for Investors

June 27, 2024 717 Views 0 comment Print

In the vast alphabet of investment options available in the Indian market today, the Tax Saving Fixed Deposit (FD) has been standing out as a popular choice for countless investors.

Assessment not erroneous if AO adopts plausible view despite PCIT’s different opinion

June 27, 2024 237 Views 0 comment Print

If AO adopts a plausible view, even if two views are possible, the assessment cannot be deemed erroneous merely because the PCIT holds a different opinion.

On same observation & issue PCIT cannot direct to make enquiry what he deem fit

June 27, 2024 180 Views 0 comment Print

Detailed analysis of the ITAT Jodhpur decision in Gaurav Purohit vs PCIT, covering the grounds of appeal, legal arguments, and implications for future cases.

Section 263 should not be exercised at instance of assessing officer

June 27, 2024 276 Views 0 comment Print

The court highlighted that jurisdiction under Section 263 should not be exercised at the instance of the assessing officer. This precedent reinforced the Tribunal’s decision to set aside the PCIT’s order in Reeta Lakhmani’s case.

SEBI Circular on Participation of NRIs, OCIs & RIs in SEBI-registered FPIs in IFSCs

June 27, 2024 264 Views 0 comment Print

Explore SEBI’s latest circular allowing NRIs, OCIs, and RIs to participate in FPIs based in IFSCs, detailing regulations, eligibility, and compliance requirements.

SEBI Board Meeting: Delisting flexibility, FPIs disclosure framework & cybersecurity guidelines

June 27, 2024 300 Views 0 comment Print

SEBI’s 206th Board Meeting in Mumbai approved key measures including delisting flexibility, FPIs disclosure framework, and cybersecurity guidelines. Read the full details.

CBDT Order under DTVsV Act 2020 on acceptance of delayed Payment

June 27, 2024 1176 Views 0 comment Print

CBDT order allows delayed tax payments under DTVsV Act conditions, easing compliance for taxpayers. Details on Form-3 modifications and filing deadlines.

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