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Archive: August, 2024

Posts in August, 2024

IBBI suspends registration of IP for a period of one year

August 2, 2024 1584 Views 0 comment Print

The IBBI Disciplinary Committees order on Devendra Singh for contraventions in Sidhartha Buildhome Pvt Ltd’s CIRP. Detailed analysis and findings.

Contraventions in CIRP: IBBI Takes disciplinary Action against IP

August 2, 2024 1233 Views 0 comment Print

IBBI disciplinary order against Insolvency Professional Mr. Manish Kumar Gupta for regulatory violations in CIRP cases, highlighting adherence to timelines and regulations.

Sisters-in-Law’s Demands for Clean House on Video Call is Sadistic: Bombay HC

August 2, 2024 1608 Views 0 comment Print

Bombay High Court rejects petition to quash Section 498A case. Judges call the sisters-in-law’s behavior sadistic and uphold criminal proceedings.

Lease Agreement Misclassified as ‘Leave & License’ Not a Competition Issue Under Competition Act, 2002

August 2, 2024 456 Views 0 comment Print

Explore the Competition Commission of India’s ruling on Gubba Cold Pvt Ltd vs. Vishakapatnam Port Logistics Park Ltd. Key issues, analysis, and conclusion discussed.

AAAR Maharashtra Denies GST Rectification Request by Puranik Builders

August 2, 2024 873 Views 0 comment Print

AAAR Maharashtra rejects Puranik Builders’ GST rectification request, affirming the need to refund excess GST to customers as per the ruling.

GST classification & rates for polymer protective coating services on bridges

August 2, 2024 855 Views 0 comment Print

Learn about the GST classification, SAC codes, and tax rates for polymer protective coating services on bridges as per the Re S & G Engineers case in Kerala.

GST Conundrum: Impact of New Tax Regime on Education Sector

August 2, 2024 2022 Views 0 comment Print

Explore the profound effects of GST on India’s education sector, highlighting benefits like streamlined taxes and challenges such as increased costs and compliance burdens.

Excise duty for intermediate products: SC admits Ecoboard Industries Ltd.’s appeal

August 2, 2024 528 Views 0 comment Print

Supreme Court admits Ecoboard Industries Ltd.’s appeal on excise duty for intermediate products, questioning Tribunal’s duty imposition and test report validity.

Ease of Doing Business: GST Export Refunds & AEO Customs Scheme

August 2, 2024 1755 Views 0 comment Print

Explore key indirect tax schemes like Export with GST refunds and the Authorized Economic Operator (AEO) program to streamline business operations and enhance efficiency.

Section 43B of Income Tax Act: Implications for Service Tax/GST: Litigation & Tax Audit

August 2, 2024 6690 Views 1 comment Print

Explore Section 43B of the Income Tax Act 1961, focusing on GST and Service Tax implications, including disallowance, audits, and litigation considerations.

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