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Archive: 12 December 2024

Posts in 12 December 2024

Open Offer Regulations: Key Steps and Requirements

December 12, 2024 846 Views 0 comment Print

Learn the open offer regulations, including who must make offers, when they are required, and the process of acquiring shares in target companies.

Online Repository – SEBI tightens grip on IPO related due diligence

December 12, 2024 369 Views 0 comment Print

SEBI mandates merchant bankers to upload IPO due diligence records to an online repository starting January 2025, ensuring transparency and compliance.

Astrotalk Poaching Case: Dominance Can’t Be Established Solely on Media Statements, Says CCI

December 12, 2024 885 Views 0 comment Print

CCI rejects InstaAstro’s claims against Astrotalk, citing insufficient evidence of anti-competitive behavior and dominance in the astrology service market.

Aadhaar Authentication Approved for Razorpay, PayU & 2 Others

December 12, 2024 354 Views 0 comment Print

The Ministry of Finance allows selected reporting entities to use Aadhaar authentication for compliance with the Prevention of Money-laundering Act.

Reimbursement of actual expenditure incurred is not income of employee

December 12, 2024 1341 Views 0 comment Print

Reimbursement of expenses, scholarships, and stipends are not considered taxable income, as clarified by various High Court rulings under Section 10(16).

Role of GSTR 2A in Ensuring GST Compliance and ITC Accuracy

December 12, 2024 1494 Views 0 comment Print

Learn how GSTR-2A ensures GST compliance, prevents tax evasion, facilitates ITC accuracy, and aids in reconciliation, audits, and error-free GSTR-3B filing.

A Day Without My Phone: Lessons on Digital Detox

December 12, 2024 1131 Views 0 comment Print

I switched off my phone for 24 hours to reflect, learn, and recharge. Here’s what I learned about digital detox and its benefits for mental well-being.

Is Provision of Section 16(4) of CGST Act 20174 arbitrary and capricious?

December 12, 2024 2280 Views 0 comment Print

Madhya Pradesh HC declares Section 16(4) of CGST Act unconstitutional, emphasizing taxpayer rights, ITC claim fairness, and legislative intent under GST reforms.

Customs Clarifies Insurance and Bond Value for CCSPs

December 12, 2024 210 Views 0 comment Print

Government has clarified insurance and bond requirements for CCSPs and AEO-LOs to ease business operations, including changes in custodian bond values.

No constitutional Right to ITC Refunds for Exempt Output Services: Gujarat HC

December 12, 2024 372 Views 0 comment Print

Gujarat High Court dismisses Empire Foundation’s plea challenging Section 17(2) of CGST Act and seeking refund of ITC under inverted duty structure.

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