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Archive: 05 November 2024

Posts in 05 November 2024

Section 43B(h): Implications for MSME Payments Under Income Tax Act

November 5, 2024 2250 Views 0 comment Print

Finance Act, 2023, has inserted section 43B(h) to facilitate timely payments to MSMEs by withholding deduction on account of delayed payments beyond prescribed timelines under the MSMED Act.

Provisional Attachment Under Section 83 Valid to Protect Revenue Interest

November 5, 2024 456 Views 0 comment Print

Delhi High Court dismisses JV Creatives’ petition against provisional attachment under Section 83 of CGST Act, citing revenue protection.

जीएसटी अधिनियम की धारा 16 के नए स्पष्टीकरण

November 5, 2024 1506 Views 0 comment Print

सीबीआईसी द्वारा जीएसटी अधिनियम की धारा 16 के संबंध में नए स्पष्टीकरण की जानकारी, जिसमें आईटीसी दावों की प्रक्रिया और समयसीमाएं शामिल हैं।

Using Phone Conversation as Evidence Violates Privacy Rights: HP HC

November 5, 2024 780 Views 0 comment Print

HP High Court rules private phone recordings inadmissible in court, reinforcing right to privacy under Article 21 and citing key Supreme Court precedents.

Reforms to Debenture Trustees Regulations by SEBI

November 5, 2024 699 Views 0 comment Print

SEBI invites public comments on proposed reforms to Debenture Trustees Regulations, aimed at enhancing ease of doing business and compliance efficiency.

New Process for License-Exempt Wireless Equipment Approval

November 5, 2024 372 Views 0 comment Print

Chennai Customs outlines self-declaration process for Equipment Type Approval (ETA) for license-exempt wireless devices. Apply via SARAL Sanchar portal.

Advisory on New GST Form DRC-03A for Demand Payment Adjustments

November 5, 2024 27342 Views 0 comment Print

GSTN introduces Form DRC-03A to streamline demand payment adjustments. Taxpayers can now link DRC-03 payments with outstanding demands for accurate ledger updates.

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