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Archive: 02 March 2025

Posts in 02 March 2025

Reassessment proceedings barred by limitation cannot be pursued: Rajasthan HC

March 2, 2025 1974 Views 0 comment Print

Rajasthan High Court quashes reassessment notice for AY 2015-16 citing limitation expiry. Case analysis and implications for Section 148A compliance.

Shri Tuhin Kanta Pandey takes charge as Chairman, SEBI

March 2, 2025 858 Views 0 comment Print

Shri Tuhin Kanta Pandey, IAS (1987 batch), takes charge as SEBI Chairman. He brings over three decades of experience in finance, policy, and administration.

Residential Status And Its Effect on Tax Incidence

March 2, 2025 18522 Views 0 comment Print

An assessee’s tax incidence is determined by his residential status. For example, an individual’s residential status in India determines whether income earned outside of India is taxable in India.

Behind Bars or Beyond: Complexities of Arrests under India’s Customs and GST Laws

March 2, 2025 996 Views 0 comment Print

Supreme Court’s decision in Om Prakash and Another v. Union of India {WRIT PETITION (CRL.) NO.66 OF 2011} established that offences under the Customs Act were non-cognizable and bailable, requiring a warrant for arrest. This ruling emphasized the need for judicial oversight in the arrest process.

GST Notice for Dealing with Non-Genuine Taxable Persons (NGTP)

March 2, 2025 20544 Views 0 comment Print

Understand GST notices for transactions with Non-Genuine Taxable Persons (NGTP), their impact, penalties, and how to respond to avoid compliance risks.

Earn Real Bitcoins with RollerCoin

March 2, 2025 1374 Views 0 comment Print

RollerCoin platform offers an alternative way to make money without cluttering your home space, massive spending, and months of meticulous study.

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