CBIC updates tariff values for various goods, including palm oil, soya bean oil, gold, silver, and areca nuts. New rates effective from 14th December 2024.
SEBI issues guidelines on pro-rata and pari-passu rights for Alternative Investment Funds (AIFs), covering investor commitments, distribution, and compliance requirements.
DGFT issues corrigendum to Public Notice 30/2024-25, correcting wording in Note 2 for jewellery export norms under Handbook of Procedures 2023.
Understand the key criteria for an Independent Director under Section 149(6) of the Companies Act, 2013, including integrity, expertise, and relationships.
ITAT Delhi remands penalty under Section 271AAB for reassessment, linking it to reconsidered quantum addition. Fresh proceedings ordered for compliance.
CBIC clarifies ‘As Is or As Is Where Is’ basis for GST regularization, addressing payment at lower rates or exemptions without refunds for higher rate payments.
Learn about common irregularities in tax audit reports for AY 2023-24, including reporting gaps in Forms 3CA/3CB, SA 700, and sections 40A, 269SS, and 269T.
ITAT dismisses Revenue’s tax appeal due to jurisdiction issues, allowing the revenue to approach the appropriate bench for further action.
ITAT partly allows agricultural income claim for Jesal Jatin Desai but upholds disallowance of a portion due to lack of evidence.
ITAT restores the matter to AO for fresh assessment, allowing the assessee to submit additional evidence in Simmi Madan v. ITO case.
