ITAT Delhi upholds penalty under Section 271(1)(b) against Sanjay Dalmia for not signing consent waiver form related to undisclosed HSBC bank account details.
Shri Chaitanya Health and Care Trust’s Bhaktivedanta Hospital approved for scientific research under Section 35(1)(ii) of the Income-Tax Act for AY 2025-26 to 2029-30.
CBDT amends Income-Tax Rules, 1962, defining conditions for venture funds, finance companies, and retail schemes in IFSCs under Sections 10 and 94B of the IT Act.
United Technologies faces penalties for non-appointment of company secretary under the Companies Act, with fines for company and directors.
RBI introduces liquidity measures including OMO purchase auctions, VRR auctions, and USD/INR swaps to manage financial conditions effectively.
ITAT Kolkata rules on property valuation under Section 56(2)(vii)(b) and jurisdiction in limited scrutiny cases for AY 2014-15, allowing Nisha Gupta’s appeal.
NCLAT Delhi held that assignment agreement establishes absolute right of the corporate debtor over the property hence it is part of liquidation estate. Payment of unauthorised sub-letting charges doesn’t mean any valid sub-letting of property.
Learn about recent GST amendments for restaurant services, including changes to rates, ITC eligibility, and compliance requirements effective April 1, 2025.
Summary of key tax, GST, excise, and trade updates from the week ending 26th January 2025, including CBDT notifications, GST changes, and more.
Conclusion This article delves into various transactions related to an SEZ entity. The article has been prepared keeping in mind GST compliances w.r.t SEZ entities. This would serve as an introductory document to gain an understanding of GST compliances for SEZ entities and various related compliances linked to the same.
