Sunil Kumar Sharma fined ₹1,60,640 for violating Section 155 of Companies Act, 2013 by holding multiple DINs. Penalty details and appeal info included.
GST introduces RCM Liability/ITC Statement for accurate RCM reporting. Deadline for opening balance is 31st Oct 2024, with amendments allowed until 30th Nov 2024.
From Sept 2024, taxpayers must update valid bank account details in GST registration to file GSTR-1/IFF for Aug 2024 onwards. Non-compliance will block filings.
In the landscape of finance, Peer-to-Peer lending (P2P) has emerged as one of the best alternative investment options, revolutionizing the way individuals and businesses access funding.
IBBI proposes amending CIRP regulations to require MSME status disclosure in the Information Memorandum to reduce resolution process uncertainties.
CESTAT Mumbai overturned the service tax demand on Hindustan Construction Co., ruling that reimbursements to group companies do not constitute taxable services.
Explore the 4th Amendment to the Foreign Exchange Management (Non-Debt Instrument) Rules, 2019. Key updates on control definitions, startup criteria, and more.
This petition under Article 226 of the Constitution of India assails the Assessment Order dated 27 March, 2024 passed by Respondent No.2 under the provisions of Section 144 read with Section 144B of the Income Tax Act, 1961.
ITAT Rajkot held that each partner is owner of the assets to the extent of his share in the partnership, hence, exemption u/s 54G of the Act, should not be denied to the assessee under consideration.
CESTAT Ahmedabad held that penalty on the employee of CHA (Customs House Agent) cannot be imposed on the charge of wrong availment of drawback by the exporter as proven that he has not been benefited by attempt to claim excess drawback by exporter.
