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Archive: June, 2024

Posts in June, 2024

FATF adopts Mutual Evaluation Report of India

June 29, 2024 138 Views 0 comment Print

Discover India exceptional performance in the FATF Mutual Evaluation 2023-24, placing it in the ‘regular follow-up’ category and boosting its financial integrity globally.

Budget 2024 Proposals: GST & Income Tax Amendments

June 29, 2024 5289 Views 0 comment Print

Discover comprehensive proposals from The Punjab Accountants Association to improve tax compliance, extend filing deadlines, include health insurance deductions, and amend tax laws.

Why You Need to Complete reKYC for Your Demat Account?

June 29, 2024 1065 Views 0 comment Print

Understand the importance of completing re-KYC for your demat account opening in India. Learn why it crucial for account security and how to comply with regulatory requirements.

Gujarat HC Grants Relief against Coercive Tax Recovery by GST Department

June 29, 2024 471 Views 0 comment Print

The Gujarat High Court granted interim relief to P.R. Trading, halting coercive GST recovery labeled as voluntary. The matter is set for hearing on July 1, 2024.

Search and Seizure of a godown cannot lead to penalty: Allahabad HC

June 29, 2024 438 Views 0 comment Print

Allahabad High Court ruled that search and seizure of a godown cannot result in penalty under CGST Act. Read the detailed analysis of this judgment.

Mechanical Addition of Section 302 of IPC is Unsustainable: All HC

June 29, 2024 126 Views 0 comment Print

Read the detailed analysis of the landmark judgment by Allahabad High Court deeming the mechanical addition of Section 302 IPC in dowry death cases unsustainable. Learn about its implications and directives for retrial.

Input Service Distributor (ISD) provisions under GST

June 29, 2024 855 Views 0 comment Print

Learn about the Input Service Distributor (ISD) mechanism under GST, its current clarifications, future changes, and how it impacts the distribution of Input Tax Credit (ITC).

Jharkhand HC Grants Bail To Hemant Soren In Money Laundering Case

June 29, 2024 174 Views 0 comment Print

Jharkhand High Court has recently granted bail to Hemant Soren, the former Chief Minister of Jharkhand, in connection with a high-profile money laundering case.

जीएसटी के सात वर्ष – कैसा रहा अब तक का यह सफ़र

June 29, 2024 1089 Views 0 comment Print

पिछले सात वर्षों में भारत में वस्तुओं और सेवाओं पर जीएसटी के प्रभाव का अन्वेषण करें। इसके कार्यान्वयन, सामना की गई चुनौतियों और आगे की राह के बारे में जानें।

ITAT allows taxation of excess stock & unexplained marriage expenses as business Income

June 29, 2024 573 Views 0 comment Print

Discover the ITAT Chennai verdict on Santhilal Jain Vijay Kumar Vs ITO, addressing taxation on excess stock and unexplained marriage expenses. Read the full case analysis.

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