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Archive: 10 September 2024

Posts in 10 September 2024

Competition (Criteria of Combination) Rules, 2024

September 10, 2024 30 Views 0 comment Print

MCA updates combination criteria under Competition Act. New rules outline qualifying entities and affiliates for merger notifications. Effective from September 10, 2024.

Competition (Criteria for Exemption of Combinations) Rules, 2024

September 10, 2024 36 Views 0 comment Print

Competition (Criteria for Exemption of Combinations) Rules, 2024 outlines exemptions under the Competition Act for specific categories of combinations.

CA Lavitha Shetty Penalized for Incomplete Information Submission

September 10, 2024 189 Views 0 comment Print

NFRA imposes Rs 1 lakh penalty on CA Lavitha Shetty for failing to submit complete information on audit revenue from related parties during MACEL audit proceedings.

IRDAI Circular on Subscribers to Other Forms of Capital

September 10, 2024 27 Views 0 comment Print

IRDAI updates capital subscription rules for insurers under 2024 regulations. New entities eligible to subscribe are specified in the circular dated 6th September 2024.

Recommendations during 54th meeting of GST Council

September 10, 2024 3537 Views 0 comment Print

Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, and exemptions on services.

Kerala HC Orders Hearing for ITC Rectification in GST Case

September 10, 2024 96 Views 0 comment Print

Kerala High Court directs consideration of ITC rectification application due to GST filing mismatch, mandating a hearing within 3 months.

Unsigned SCN & Assessment Order Without Digital or Physical Signature are Invalid: HC

September 10, 2024 102 Views 0 comment Print

Telangana High Court rules that unsigned GST orders are void. Explore the case of High Noon Consulting vs. Deputy Commissioner of State Tax.

Section 130 Proceedings Cannot Be Initiated for Excess Stock Found During Survey: HC

September 10, 2024 57 Views 0 comment Print

Allahabad High Court ruled on improper initiation of proceedings under Section 130 of the GST Act in PP Polyplast Pvt Ltd case, emphasizing Sections 73/74.

HC Condoned Delay in GST Appeal Filing Due to Assessee’s Bona Fide Intent Shown by Pre-Deposit

September 10, 2024 54 Views 0 comment Print

Calcutta HC condones delay in filing GST appeal by Srichakra Prints Pvt. Ltd., directing the appellate authority to hear the case on merits.

Online Filing Date Recognized as GST Appeal Filing Date Despite Late Hard Copy Submission

September 10, 2024 48 Views 0 comment Print

Madras HC sets aside GST appellate order rejecting refund appeal by Kasturi & Sons Pvt. Ltd. due to procedural delay in hard copy submission.

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