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Archive: 16 September 2024

Posts in 16 September 2024

How To Become Proficient in Bank Concurrent Audit?

September 16, 2024 1575 Views 0 comment Print

Learn the key practices for becoming proficient in Bank Concurrent Audit. Focus on investment, documentation, and system understanding to excel in this field.

7 Key Wealth Building Tips for Lasting Financial Success

September 16, 2024 942 Views 0 comment Print

Discover 7 essential wealth-building tips: invest smartly, save wisely, create multiple income sources, and plan for retirement to achieve lasting financial success.

As Ganesha Removes Hurdles, GST Council Eases Road for Taxpayers!!

September 16, 2024 750 Views 0 comment Print

GST Council’s 54th meeting brings rate cuts, compliance relief, and new e-invoicing for taxpayers. Key updates include lower GST rates and exemptions.

No Service Tax Liability on Incentives for Mutual Fund Promotion: CESTAT Ahmedabad

September 16, 2024 243 Views 0 comment Print

CESTAT Ahmedabad exempts NJ India Invest Pvt. Ltd. from service tax on mutual fund distribution incentives, magazine ads, and vocational training for sub-distributors.

Doctrine of election: IBC Can Be Invoked After Recovery Certificates by DRT

September 16, 2024 444 Views 0 comment Print

Supreme Court allows IBC proceedings after DRT recovery certificates. Doctrine of election doesn’t bar creditors from seeking NCLT relief after DRT recovery.

HC Remands Case to CIT for Reconsideration on University’s Section 10(23C)(vi) Eligibility

September 16, 2024 342 Views 0 comment Print

Chhattisgarh High Court ruling on Shaheed Nand Kumar Patel Vishwavidyalaya vs CIT. Examines rejection of tax exemption under Section 10(23C) of IT Act.

Tax Due Diligence

September 16, 2024 2409 Views 0 comment Print

Learn about tax due diligence, its importance in assessing tax liabilities, and how it impacts transactions by identifying potential tax issues and exposures.

Covid-19 lockdown valid reason to extend time for auction purchaser to deposit balance consideration

September 16, 2024 435 Views 1 comment Print

Supreme Court held that Covid-19 lockdown was a valid reason for extension of time to deposit the balance sale consideration to auction purchaser under Insolvency and Bankruptcy Code.

Flat owner’s society employing person for rendering personal services doesn’t qualify as workmen: Delhi HC

September 16, 2024 621 Views 0 comment Print

The building, namely Kanchanjunga was constructed in the year 1972 by its promoters M/s Kailash Nath & Associates which had engaged some persons to look after the security of the building maintenance and cleaning of the common area of the building and lift etc.

Parties’ rights cannot override child’s welfare while deciding custody of minor children: Supreme Court

September 16, 2024 480 Views 0 comment Print

Supreme Court held that while deciding custody of minor children, the only paramount consideration is the welfare of the minor. The parties’ rights cannot be allowed to override the child’s welfare.

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