AAR Odisha rules that Essel Mining’s transfer of buildings to OMCL is subject to GST, rejecting the claim of exemption as a sale of building under CGST Act.
GST AAR Odisha dismissed an application on the applicability of GST on stamp duty and registration fees, ruling it non-maintainable under Section 98(2) of the CGST Act.
Learn how to calculate EPS pension, eligibility criteria, and the different types of pensions available under the Employee Pension Scheme (EPS).
Delhi High Court sets aside the order denying Input Tax Credit under CGST Act, remands case for reconsideration in light of Finance Act 2024 amendments.
Learn the process and legal requirements for issuing bonus shares under the Companies Act, 2013, including source of funds, board meetings, and compliance steps.
GST introduces Invoice Management System (IMS) from October 2024, enabling taxpayers to manage and rectify invoices for accurate Input Tax Credit (ITC).
National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme.
Understand the e-Dispute Resolution Committee (e-DRC), who can approach it, and how to file Form 34BC under the Income-tax Act, 1961.
Since there was no failure on the part of assessee to fully and truthfully disclose material facts therefore, assessment under sections 147-148 was not valid as the specific provisions of Section 153C were deemed to take precedence over the general provisions of Section 147.
ICAI emphasizes sustainable finance and robust reporting standards to drive global climate action, highlighting the accounting profession’s pivotal role.
