Tragic death of a young employee highlights importance of balancing professional, personal, and social lives, urging businesses to rethink work culture and wellness.
ITAT Mumbai held that invocation of revisionary proceeding u/s. 263 justified as AO was fully ignorant about verification of unsecure loan and addition of 10% unsecured loan by AO was baseless hence assessment order turned out to be erroneous and prejudicial to the interest of revenue.
CESTAT Bangalore held that no excise duty is leviable on the subject goods i.e. [imported ‘Insoluble Sulphur’] and therefore no additional duty will be levied. Accordingly, levy of CVD @10% unsustainable.
Delhi HC rules GST cancellation order invalid for retrospective effect. Prospective from SCN date. Order passed without proper hearing violates natural justice.
Karnataka High Court dismisses Tayana Consult Pvt Ltd’s appeal due to non-prosecution, following ITAT’s decision in related tax assessments.
Explore amendments in CAA Rules 2024 simplifying reverse flip mergers, easing inbound mergers of foreign holding companies with Indian subsidiaries.
SEBI reduces the timeline for listing debt securities and NCRPS from T+6 to T+3 days, enhancing liquidity for investors and issuers.
SEBI’s UDiFF reduces reporting formats to 23, cutting costs by Rs. 200 crore over five years and streamlining processes for brokers and fintechs.
Advisory clarifies that GST documents without digital signatures are valid, generated by officers’ logins on the GST portal, ensuring verification is possible.
SEBI notifies amendments to Real Estate Investment Trusts regulations, effective September 26, 2024, streamlining voting and distribution processes.
