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Archive: 24 October 2024

Posts in 24 October 2024

Important Dates for ICSI December 2024 Exams: Centre, Module & Subject Changes

October 24, 2024 726 Views 0 comment Print

ICSI December 2024 Exam enrolment services: change exam centre, module, medium, or optional subject. Submit requests by 20th Nov 2024. Learn more at SMASH portal.

SEBI Exempts CMAs from Investment Adviser Registration

October 24, 2024 4782 Views 0 comment Print

SEBI clarifies that ICMAI members are exempt from IA registration when providing incidental investment advice, not as a primary business activity.

Granting of personal hearing mandatory prior to passing adverse order: Madras HC

October 24, 2024 1323 Views 0 comment Print

A notice in Form DRC-01 was issued by the respondent on 28.12.2023. The petitioner filed reply to the said notice on 20.02.2024. Without affording an opportunity of personal hearing to the petitioner, the assessment order came to be passed on 26.04.2024.

Rectification order without informing rectification reason is liable to be quashed: Kerala HC

October 24, 2024 789 Views 0 comment Print

Kerala High Court held that passing of rectification order without informing reason that prompted the exercise of power of rectification is unsustainable in law. Accordingly, rectification order quashed.

CBI Arrests Assistant Registrar of Companies for Accepting ₹3 Lakh Bribe

October 24, 2024 1038 Views 0 comment Print

The CBI has arrested an Assistant Registrar of Companies in Pune for demanding and accepting a ₹3 lakh bribe from a Mumbai company director.

Waiver of Interest and Penalty in terms of Section 128A of CGST Act

October 24, 2024 49533 Views 0 comment Print

Section 128A of the CGST Act waives interest or penalties on demands from July 2017 to March 2018, effective November 1, 2024.

Sector Specific Competition Issues: A Study of Challenges in Healthcare Industry

October 24, 2024 939 Views 0 comment Print

Explore the challenges of competition in the healthcare sector, focusing on market concentration, affordability, access, and regulatory concerns.

धातु स्क्रैप पर GST TDS: अधिसूचना और अनुपालन की समीक्षा

October 24, 2024 9027 Views 0 comment Print

अधिसूचना 25/2024 के अनुसार धातु स्क्रैप पर GST TDS की समीक्षा। जानें इसकी लागू होने की प्रक्रिया, दरें और पंजीकरण प्रक्रिया के बारे में।

SC held broken period interest on securities should be allowed as revenue expense

October 24, 2024 1092 Views 0 comment Print

The securities were treated as stock­-in-­trade in the hands of assessee. The amount received by assessee on the sale of the securities was considered for computing its business income.

Proving debt become irrecoverable not required after 01.04.1989: ITAT Delhi

October 24, 2024 627 Views 0 comment Print

ITAT Delhi held that the assessee is not required to prove that a particular debt had become bad debt in order to claim deduction on account of bad debt written off pursuant to the amendment made u/s 36(1)(vii) of the Income Tax Act after 01.04.1989.

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