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Archive: 09 March 2025

Posts in 09 March 2025

Fresh Adjudication Ordered on TPO Adjustment in Subsidiary Transaction

March 9, 2025 54 Views 0 comment Print

Bangalore ITAT overturns AO’s PE classification of QlikTech India, orders fresh review based on TPO order, addresses TDS and interest issues.

CESTAT Cannot Remand Case to Authority Other Than Original Adjudicating Authority

March 9, 2025 51 Views 0 comment Print

Mumbai CESTAT dismisses appeal seeking remand to different customs authority, citing jurisdictional limits under Section 129B of the Customs Act.

GST Order Set Aside Due to Lack of Personal Hearing & Natural Justice Violation

March 9, 2025 90 Views 0 comment Print

Madras High Court remands GST assessment due to belated show cause notice upload, orders fresh review after 20% tax deposit.

Historical Evolution of Tax Laws: Key Developments

March 9, 2025 162 Views 0 comment Print

Explore evolution of tax laws from ancient times to the modern era, highlighting key changes, global trends, and challenges shaping today’s taxation systems.

Don’t Rush! Read This Before Responding to IT Department’s Notice on Political Contributions!

March 9, 2025 1377 Views 0 comment Print

Received an IT notice on political donations? Understand why, what to do, and avoid penalties. Expert advice to respond effectively.

Territorial Jurisdiction for Cheque Bounce Cases (NI Act under Section 138)

March 9, 2025 1005 Views 0 comment Print

Understanding territorial jurisdiction under Section 138 of the NI Act. Key rulings and amendments explain where cheque bounce cases can be filed.

India’s Digital Service Taxation: Issues and Solutions

March 9, 2025 288 Views 0 comment Print

Explore India’s digital taxation measures like Equalization Levy, Significant Economic Presence, and GST on online services. Learn about challenges and solutions.

What is ITR-U Form and How to File It?

March 9, 2025 570 Views 0 comment Print

Learn about ITR-U, a form for updating income tax returns. Understand eligibility, filing process, deadlines, and additional tax implications.

IFSCA Issues Circular on Contribution to SGF in IFSC

March 9, 2025 63 Views 0 comment Print

IFSCA clarifies SGF contributions by Clearing Corporations in IFSC under amended MII Regulations, 2021. Includes net worth calculation and interest accrual.

RBI imposes monetary penalty on Bridge Fintech Solutions Private Limited (Finzy)

March 9, 2025 162 Views 0 comment Print

RBI penalizes Bridge Fintech Solutions (Finzy) ₹10 lakh for violating NBFC-P2P norms, citing loan disbursement issues, risk-taking, and compliance failures.

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