IBBI seeks EoI from institutions to conduct the Post Graduate Insolvency Programme (PGIP) to enhance insolvency professionals in India. Submit by 28th August 2024.
SEBI advises caution for investors in SME segment stocks due to misleading practices by some companies. Avoid reliance on unverified sources.
Suggestions invited for new mandatory qualifiers in coal import declarations. Comments on the draft Circular are due by 12.09.2024. Details enclosed.
GST implications of line sales, including handling e-way bills, delivery challans, and tax invoices for efficient and compliant operations.
Discover the process and benefits of converting an LLP into a Private Limited Company, including tax advantages, funding options, and more.
CBI arrests Principal Commissioner of Income Tax and 4 private individuals in a bribery case involving Rs. 10 lakh from different assessees. Investigation ongoing.
ITAT Ahmedabad held that non application of mind or wrong assumption of facts or incorrect application of law by the A.O. will make the order erroneous and pre-judicial to the interest of revenue. Thus, as order passed without adequate inquiry, revision u/s. 263 justified.
ITAT Mumbai held that PCIT grossly erred in assuming jurisdiction u/s. 263 of the Income Tax Act as assessment order has been framed in the name of a non-existing assessee.
Bombay High Court dismissed the PIL filed by a self-styled criminology firm observing that no mandamus can be issued merely for enforcing a particular thought of an individual or an organization, if it is not supported by any legal premise.
Explore GST compliance for SEZs, including zero-rated supplies, invoicing, and documentation. Understand SEZ tax benefits and refund procedures.