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Archive: 23 September 2024

Posts in 23 September 2024

What is the Direct Tax Vivad Se Vishwas Scheme, 2024?

September 23, 2024 2481 Views 0 comment Print

Learn about the Direct Tax Vivad Se Vishwas Scheme 2024, allowing taxpayers to resolve disputes by paying reduced amounts. Key details and benefits outlined.

Analysis of Notifications and Circulars for Week ending 22nd September 2024

September 23, 2024 1944 Views 0 comment Print

Explore the latest notifications and circulars from Income Tax, GST, SEBI, and more for the week of September 16-22, 2024. Stay informed on regulatory changes.

Madras HC Allows Appeal Against GST Penalty; Penalty alone Can Be Challenged

September 23, 2024 486 Views 0 comment Print

Madras High Court directs GST authorities to accept appeal challenging penalty after rejecting the claim that penalty alone cannot be contested.

Madras High Court Sets Aside GST Order for Lack of Hearing

September 23, 2024 228 Views 0 comment Print

Madras High Court sets aside GST order due to lack of physical service of notice and remands the case, directing the petitioner to deposit 10% of the disputed tax.

Recent Income Tax must know Tribunal Decision: Implications & Key Takeaways

September 23, 2024 1131 Views 0 comment Print

Explore crucial recent tribunal rulings in income tax cases, highlighting implications and key takeaways for taxpayers and legal professionals.

Jharkhand HC Restrains State From Suspending Internet on Exam days Without Permission

September 23, 2024 225 Views 0 comment Print

Jharkhand High Court restrained State authorities from arbitrarily suspending internet on day of any examination without its prior permission.

SEBI Study Shows 93% Individual F&O Traders Incur Losses

September 23, 2024 363 Views 0 comment Print

SEBI study reveals 93% of individual equity F&O traders incurred losses, exceeding ₹1.8 lakh crore from FY22 to FY24, with heavy costs and algorithmic profits.

GST Notification No. 56/2023-CT Ultra Vires & Unsustainable: Gauhati HC

September 23, 2024 6921 Views 0 comment Print

Gauhati High Court addresses challenges to GST notifications, questioning their legality under the CGST and SGST Acts in Barkataki Print case.

Demand Order Invalid if Legal Heirs Don’t Operate Deceased’s Business: Madras HC

September 23, 2024 534 Views 0 comment Print

Madras High Court invalidates tax demand on deceased person if legal heirs are not operating the business. Legal heirs liable only if business continues.

Businesses must pass on GST rate reduction benefit to consumers: CCI

September 23, 2024 402 Views 0 comment Print

CCI mandates passing on GST rate cuts to consumers, directing Cinema Ventures to deposit Rs. 54.44 lakh in the Consumer Welfare Fund. 

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