Understand the time limit to avail Input Tax Credit (ITC) under Reverse Charge Mechanism (RCM) and the implications for registered and unregistered suppliers.
Discover RBI’s liberalized remittance rules for IFSCs under LRS, allowing all permissible transactions. Learn about IFSCs, LRS eligibility, and impact.
Explore the Daurala Sugar Works vs. Commissioner of Central GST case, focusing on bagasse’s non-dutiable status and CENVAT credit implications under Rule 6(3) of CCR, 2004.
Read the Karnataka High Court’s judgment upholding interest on refund of excessively paid sales tax. Detailed analysis of the case and its implications.
Read ITAT Chennai’s decision on deductibility of interest paid on borrowings for property acquisition from sale consideration. Full text order included.
Read the detailed analysis of ITAT Chennai’s decision to grant full S.54F deduction for property purchase in wife’s name out of a bank loan. Understand the legal implications and arguments presented.
Read the detailed ITAT Chennai order on Rameshlal Kailash Vs ITO for AY 2017-18. Money lending business income added, upheld as business income despite challenges. Full text of the order included.
ICAI announces empanelment of members as observers for September/November 2024 Chartered Accountants Examinations. Eligible members can apply online. Learn about eligibility criteria, duties of observers, honorarium, and exam centers.
Addressing glitches in ITD portal, the Association of Tax Lawyers requests an extension for the ITR filing deadline due to significant technical issues.
ICAI announces November 2024 exam dates for CA Final, INTT-AT, and IRM courses. Check detailed schedule, centers, and application deadlines.
