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Archive: 22 October 2024

Posts in 22 October 2024

Maximum Dividend Payment Guidelines for Companies in India

October 22, 2024 4281 Views 0 comment Print

Explore the provisions for dividend payments by Indian companies under the Companies Act, including profit utilization and reserve requirements.

Liquid Funds Are Back This Year: Should You Invest?

October 22, 2024 753 Views 0 comment Print

Learn why liquid mutual funds are gaining attention in 2024, offering low risk and high liquidity. Explore if they are the right investment for you.

CIRP application dismissed due to non-compliance of section 69(2) of Indian Partnership Act

October 22, 2024 222 Views 1 comment Print

NCLT Hyderabad dismissed the application filed under section 9 of the Insolvency and Bankruptcy Code, 2016 for initiation of CIRP due to non-compliance of section 69(2) of the Indian Partnership Act, 1932

Delay of four months in filing of appeal condoned on medical ground: Patna HC

October 22, 2024 300 Views 0 comment Print

Patna High Court held that delay of four months in filing of an appeal condoned on medical ground as the petitioner was suffering from Jaundice and the same was proved by submission of medical certificate.

Section 68 Addition sustained as creditworthiness of lender not proved: ITAT Visakhapatnam

October 22, 2024 270 Views 0 comment Print

ITAT Visakhapatnam held that addition under section 68 of the Income Tax Act towards unsecured loan sustained as creditworthiness of the lender not proved. Accordingly, ground raised by the assessee dismissed.

Passenger Name Record Information (First Amendment) Regulations, 2024

October 22, 2024 1263 Views 0 comment Print

CBIC issues Notification No. 68/2024 for amendments to the Passenger Name Record Information Regulations, 2022. Effective from the date of publication.

Govt imposes Anti-Dumping Duty on Isopropyl Alcohol import from China

October 22, 2024 528 Views 0 comment Print

The Ministry of Finance imposes anti-dumping duty on Isopropyl Alcohol imports from China PR, effective for five years, to protect domestic industry.

Govt imposes Anti-Dumping Duty on Sulphur Black import from China

October 22, 2024 252 Views 0 comment Print

India imposes an anti-dumping duty on Sulphur Black from China for five years to protect the domestic industry from unfair pricing.

ADD Imposed on Cellophane Transparent Film import from China

October 22, 2024 465 Views 0 comment Print

India imposes anti-dumping duty on Cellophane Transparent Film imports from China for 5 years to protect domestic industry as per DGTR findings.

Cost of fuel borne by service recipient could not be subjected to GST for GTA service

October 22, 2024 1011 Views 0 comment Print

Cost of fuel borne by service recipient and this cost of this fuel could not be subjected to charge of GST by adding the value of free diesel in the transaction value of GTA service done by assessee.

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