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Archive: June, 2024

Posts in June, 2024

Weekly Newsletter from CBIC Chairman – June 10, 2024

June 10, 2024 879 Views 0 comment Print

Stay updated with the latest CBIC news from Chairman Sanjay Kumar Agarwal, including new GST Bhawan inauguration, Central Excise Bill, and more from June 10, 2024.

Customs Adjudicating Authority Appointment – Notification No. 41/2024-Customs (N.T.)

June 10, 2024 300 Views 0 comment Print

The Central Board of Indirect Taxes and Customs appoints new adjudicating authorities. Read the full notification dated 10th June 2024.

Special Deposit Scheme Interest Rate at 7.1% from April 2024

June 10, 2024 564 Views 0 comment Print

Ministry of Finance sets Special Deposit Scheme interest rate at 7.1% for April to June 2024. Learn more about the latest update.

SEBI simplifies Nomination Process for Investors

June 10, 2024 1107 Views 1 comment Print

SEBIs latest circular streamlines the nomination process for investors in the securities market, easing requirements for demat accounts and mutual fund folios.

Calcutta HC on whether reassessment proceedings set aside by single bench are set at rest

June 10, 2024 2931 Views 1 comment Print

Calcutta HC quashes reassessment in ITO Vs Dhanstock case for AY 2014-15 due to limitation. Appeals pending in Supreme Court. Learn more about the judgment.

Where is U.S Economy Heading & Interest rate Stands if Fed Does not Cut Rates?

June 10, 2024 1452 Views 1 comment Print

The Federal Reserve’s decision on interest rates could significantly impact the U.S. economy. What happens if the Fed doesn’t cut rates?

Suicide Alone Insufficient for Section 113A Presumption; Section 498A IPC Misuse Widespread: Calcutta HC

June 10, 2024 741 Views 0 comment Print

Calcutta HC highlights misuse of Section 498A IPC, ruling that suicide alone doesn’t invoke presumption under Section 113A Evidence Act. Detailed analysis of the judgment.

Mutual Funds: A Complete Guide to Smart Investing

June 10, 2024 4461 Views 3 comments Print

Explore mutual funds, their benefits, types, NAV, and tax implications. Learn how to invest wisely and diversify your portfolio with our comprehensive guide.

Kerala HC Directs NFAC to Decide Stay/condonation Application Within 2 Months

June 9, 2024 513 Views 0 comment Print

Centre for Management Development vs. Commissioner of Income-Tax (Exemptions): Kerala High Court orders NFAC to decide stay application within two months in delay in Income Tax Assessment Order.

TNVAT – Tax Department Can Summon Records Post Assessment: Madras HC

June 9, 2024 618 Views 0 comment Print

The Madras High Court rules that the Commercial Tax Department can summon records even after assessment completion, addressing a dispute between V. R. Muthu & Bros and V.V.V. and Sons Edible Oils Limited.

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