Karnataka HC quashes Rs. 23 crore GST demand against Adama India due to non-compliance with natural justice and procedural lapses. Detailed case analysis here.
Learn how to apply the 5W1H method in internal audits to improve accuracy, identify issues, and streamline processes. Enhance your audit effectiveness today!
ITAT Hyderabad held that as per the provisions of section 115VG of the Income Tax Act, once the assessee opts for the Tonnage Tax Scheme, the assessee cannot take the shield of taking the deduction of any other expenditure.
Learn the step-by-step procedure for obtaining an IEC code for import/export in India, including necessary documents and registration details.
Discover if the 20% pre-deposit for tax disputes is always mandatory or if there are exceptions. Learn about discretionary powers and recent judicial insights.
Karnataka AAR rules “Rapido” as an e-commerce operator liable for GST under Sec 9(5) CGST Act. Key points on GST liability and rates for services clarified.
Stay updated with key notifications and circulars on Income Tax, GST, Central Excise, Customs, DGFT, and SEBI issued between 29th July and 4th August 2024.
GST AAR Maharashtra rules on tax exemptions for hostel accommodations provided by Maharashtra Jain Education Society, varying by duration and student type.
Income Tax Circular 08/2024 exempts higher TDS/TCS rates if deductee/collectee dies before PAN-Aadhaar linkage, addressing taxpayer grievances.
MCA mandates dematerialization for private companies, ensuring transparency. New rules require digital securities for better governance and streamlined processes.
