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Archive: June, 2024

Posts in June, 2024

No Interest or Penalty on Late Excise Duty for Exempted Goods: Gauhati HC

June 4, 2024 147 Views 0 comment Print

Gauhati High Court rules no interest or penalty on late excise duty payment for goods exempted under Notification No. 20/2007-CE. Detailed analysis and judgment provided.

Madras HC Quashes Ex Parte Order: Lack of Communication by Consultant in GST Proceedings

June 4, 2024 372 Views 0 comment Print

Read the detailed analysis of Dhanasekaran Thenmozhi Vs Deputy Commissioner case where Madras HC quashes an ex parte order due to lack of communication by a consultant in GST proceedings.

Dematerialization of Securities: Process and Liaisoning with RTA

June 4, 2024 819 Views 0 comment Print

Learn about the dematerialization of securities, its process, and the role of RTAs in streamlining share trading and ownership. Essential guide for investors.

IRDAI advised Fast-Track Cyclone Remal Claim Settlements

June 4, 2024 153 Views 0 comment Print

IRDAI advises insurers to expedite Cyclone Remal claims. Mobilize resources, engage surveyors, and ensure quick settlements to aid affected policyholders.

Delhi HC Modifies GST Registration Cancellation Date to SCN Date

June 4, 2024 879 Views 0 comment Print

Delhi High Court modified the retrospectively canceled GST registration of Chehak Fashions to the date of the SCN issued by the GST department.

Excise Law: Option once exercised for a financial year, cannot be withdrawn midway

June 4, 2024 288 Views 0 comment Print

Analysis of Raman Ispat Pvt Ltd Vs Cce Meerut case from Allahabad High Court. Once opted, excise duty payment method for a financial year cannot be changed midway.

Assessment orders against non-existent Companies/entities are invalid

June 4, 2024 531 Views 0 comment Print

Tribunal upheld the appellate order and dismissed the appeals filed by the Assessing Officer, as the assessment orders against the non-existent company were not sustainable.

Extension of Payment Time in Resolution Plan not constitute plan modification

June 4, 2024 189 Views 0 comment Print

Analysis of Ashok Dattatray Atre Vs State Bank of India case by NCLAT Delhi. Learn about time extension in payment under IBC and its implications on resolution plans.

Delhi HC Allows Response Filing, Orders GST Portal Reopening

June 4, 2024 300 Views 0 comment Print

Delhi High Court grants relief to Umang Realtech, allowing response filing for GST Show Cause Notice, citing portal navigation issues. Analysis and judgment summary provided.

CSR Expenditure’s Mandatory Nature Doesn’t Justify Section 80G Disallowance

June 4, 2024 3324 Views 0 comment Print

Explore crucial rulings in case of Interglobe Technology Quotient Pvt Ltd vs ACIT (ITAT Delhi) regarding CSR expenditure disallowance and TDS credit allowance, along with detailed analysis.

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