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Archive: December, 2024

Posts in December, 2024

SMS and E-mail alerts to investors by stock exchanges

December 3, 2024 1845 Views 0 comment Print

SEBI issues new circular allowing brokers to upload shared contacts for family members and authorized persons, effective immediately.

ICAI President’s Message – December 2024

December 3, 2024 17211 Views 1 comment Print

Explore India’s capital market growth, reforms, investor education, and the role of professionals in supporting economic development.

Procedure to issue EDI Port Clearance/Advance Port Clearance

December 3, 2024 1722 Views 0 comment Print

JNCH announces online Port Clearance procedure for shipping lines with new documentation requirements and processes, effective December 2024.

Master Circular for Depositories Issued by SEBI – Dec 2024

December 3, 2024 1827 Views 0 comment Print

SEBI issues Master Circular for Depositories, consolidating directions/circulars up to Sept 30, 2024. Includes rescinded circulars, updated provisions, and compliance details.

HC Remands Case as GST Notices Were Uploaded Under Incorrect Category

December 2, 2024 1197 Views 0 comment Print

Allahabad High Court quashes GST demand due to notices uploaded incorrectly on portal and remands case for fresh proceedings per prescribed procedure.

GST on Rental Income & different types of income tax assessments

December 2, 2024 10899 Views 2 comments Print

This article explains the GST implications of rental income and provides an overview of the different types of income tax assessments under the Income Tax Act, 1961.

Non-Adherence to Section 144B Procedure Renders Assessment Order Invalid: Bombay HC

December 2, 2024 2136 Views 0 comment Print

Absence of adherence to procedure laid down in Section 144B of Income Tax Act render the assessment order patently illegal: Bombay HC in Teerth Developers And Teerth Realties JV (AOP) Vs Additional/ Joint/Deputy/ ACIT/ ITO

Cancellation of GST registration for non-submission of NOC by landowner not justified

December 2, 2024 1635 Views 0 comment Print

Punjab and Haryana High Court held that cancellation of GST registration for entire places of business for non-submission of NOC by landowner of additional place of business is complete non-application of mind. Accordingly, cancellation of GST registration not justified.

Allahabad HC Denies EV Tax Refund for Pre-Policy Purchases

December 2, 2024 525 Views 0 comment Print

Allahabad High Court rules EVs bought before Oct 14, 2022, are ineligible for tax refund under the Uttar Pradesh Electric Vehicle Policy, citing strict exemption criteria.

Bail application in smuggling of Methaqualone denied: Delhi HC

December 2, 2024 861 Views 0 comment Print

Delhi High Court, in the case of smuggling of Methaqualone denied the bail application since threshold of Section 37 of Narcotic Drugs and Psychotropic Substances Act, 1985 [NDPS Act] not having been crossed.

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