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Archive: 27 October 2024

Posts in 27 October 2024

ITAT Chennai Orders Reassessment of Income Sources Post-Cash Seizure during Vellore elections

October 27, 2024 375 Views 0 comment Print

ITAT Chennai orders reassessment in G. Elumalai case, allowing for verification of agricultural and rental income sources after cash seizure during Vellore elections.

Karnataka HC Quashes BCI’s Gag Order on Advocate

October 27, 2024 240 Views 0 comment Print

Karnataka High Court quashes Bar Council of India gag order restricting advocate’s speech rights, ruling it beyond BCI’s jurisdiction and violating fundamental rights.

True Test of Any Judiciary Lies In Public Trust: Kapil Sibal

October 27, 2024 633 Views 0 comment Print

Kapil Sibal emphasizes that a judiciary’s true effectiveness hinges on public trust and advocates for reforms in India’s legal practices.

Change in TDS Rate Effective from 01st October 2024

October 27, 2024 18015 Views 2 comments Print

Learn about the latest TDS rate changes under the Union Budget 2024, their impact on taxpayers, and the importance of timely advance tax payments to avoid penalties.

Forward Charge vs Reverse Charge in GST

October 27, 2024 3531 Views 0 comment Print

The Goods and Services Tax (GST) has transformed the indirect tax landscape in many countries, creating a unified framework for taxation on the supply of goods and services. Central to the functioning of GST are two key mechanisms: the Forward Charge Mechanism (FCM) and the Reverse Charge Mechanism (RCM). The Forward Charge Mechanism is the […]

Allegations against PVR for Abuse of Dominant Position: CCI’s Ruling Clarified

October 27, 2024 441 Views 0 comment Print

CCI finds no evidence of PVR’s alleged abuse of dominance in film exhibition. Claims lacked support, validating PVR’s business strategies per Competition Act, 2002.

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