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Archive: August, 2024

Posts in August, 2024

PFRDA’s 2024 Cybersecurity Policy Guidelines Issued

August 1, 2024 1851 Views 0 comment Print

Discover the 2024 PFRDA cybersecurity policy guidelines for intermediaries and regulated entities, ensuring robust IT protection and data security measures.

SEBI (Mutual Funds) (Second Amendment) Regulations, 2024

August 1, 2024 1698 Views 0 comment Print

Explore the SEBI (Mutual Funds) Second Amendment Regulations 2024, focusing on market abuse deterrence, whistleblower policies, and new compliance timelines.

All about Property Taxation along with latest changes proposed in Final Budget, 2024

August 1, 2024 5289 Views 1 comment Print

Explore the latest changes in property taxation proposed in the Final Budget 2024, including tax rate reductions and the removal of indexation benefits.

RERA 2016: How Promoters Can Withdraw 70-30 from Full Payment by customers

August 1, 2024 14940 Views 0 comment Print

Learn the procedure for promoters to withdraw funds in a 70-30 ratio from customer payments under the RERA Act 2016. Essential guidelines and document requirements.

Recent 5 Income Tax Judgments: International Taxation & Capital Gain & other issues

August 1, 2024 2793 Views 1 comment Print

Explore key updates on recent income tax case laws, covering international taxation, business income, and capital gains. Essential for tax advisory and consultancy.

Foreigners doing Business in India Must be Accountable under Indian Law: Allahabad HC

August 1, 2024 918 Views 0 comment Print

Allahabad HC rules that foreign nationals doing business in India must adhere to Indian laws and face criminal trials, safeguarding national sovereignty.

ICAI Announces Advanced ICITSS CBT Exam Dates

August 1, 2024 4347 Views 0 comment Print

ICAI schedules Advanced ICITSS – Adv. IT Test in CBT mode for August and September 2024. Check eligibility, test dates, application details, and exam centers.

Weighted deduction u/s 35(2AB) for clinical trials outside approved R&D facilities allowed: ITAT Hyderabad

August 1, 2024 921 Views 0 comment Print

ITAT Hyderabad held that weighted deduction u/s 35(2AB) of the Income Tax Act in respect of clinical trials expenses incurred outside approved R&D facilities is allowable post approval by prescribed authority.

Provisions of section 56(2)(x) of Income Tax Act doesn’t apply to developer: ITAT Mumbai

August 1, 2024 1914 Views 0 comment Print

ITAT Mumbai held that provisions of section 56(2)(x) of the Income Tax Act does not apply to developer who has taken over the possession of lawn or building or both for the purpose of the development.

HC Sets Aside Rushed Assessment Order, Criticizes Hurried Assessment Process

August 1, 2024 792 Views 0 comment Print

Karnataka HC ruled in favor of Healthcare Global, setting aside rushed assessment order. The court found hurried process prejudiced petitioner’s response.

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