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Archive: 22 July 2024

Posts in 22 July 2024

Classification & Customs Duty Implications of Electronically Downloaded I-RECs

July 22, 2024 360 Views 0 comment Print

Detailed analysis of the CAAR Mumbai ruling on I-RECs: Are intangible certificates subject to customs duty or classification under the Customs Act, 1962?

Section 80G application cannot be denied by Misinterpretation of provisions: ITAT Kolkata

July 22, 2024 426 Views 0 comment Print

Read the detailed analysis of the ITAT Kolkata judgment on Anudip Foundation vs. CIT, discussing the rejection of 80G final approval. Key legal interpretations included.

SEBI Releases Consultation Paper Introducing New Asset Class/Product Category

July 22, 2024 414 Views 0 comment Print

SEBI releases consultation paper on July 16, 2024, introducing a new asset class for high-risk investors. Learn about investment criteria, minimum ticket size, and more.

Calcutta, Films, and Income tax

July 22, 2024 5682 Views 0 comment Print

Explore the intriguing history of Calcutta’s film industry pre-1947 and the income tax challenges faced by iconic artists, offering a delightful read for finance professionals.

GST impact on Corporate Guarantee (Including Personal & Bank)

July 22, 2024 2115 Views 0 comment Print

Explore the 53rd GST Council clarification on corporate guarantee valuation, recent Supreme Court decisions, and the impact on GST liability and compliance.

Shell Companies in India: Actions and Statistics

July 22, 2024 711 Views 0 comment Print

Review Indias actions against shell companies and see the state-wise statistics, including Andhra Pradesh, for the last five years.

Procedure for Allocation of Funds Under CSR

July 22, 2024 288 Views 0 comment Print

Explore the CSR fund allocation process and district-wise spending details for Uttar Pradesh in the last financial year.

Agriculture Reforms and GST Impact in India: Key Insights

July 22, 2024 360 Views 0 comment Print

Explore the need for agriculture reforms, GST implications on mechanized inputs, and government measures to support Indian farmers. Comprehensive analysis included.

Monthly GST Collections Surge- Gross GST collection July 2022 to June 2024

July 22, 2024 279 Views 0 comment Print

GST collections have risen steadily each month up to June 2024. No pending dues to states; Bihar and others have raised fiscal support concerns.

Increase in Tax Returns Filed in India: Key Insights

July 22, 2024 246 Views 0 comment Print

Learn about the rise in tax returns filed in India, targeted campaigns encouraging filings, and steps taken by the government for better compliance.

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