ACIT vs Prashant Prakash Nilawar case where ITAT Mumbai dismissed Rs. 17 Cr addition based on WhatsApp messages without concrete evidence. Understand judicial precedents cited.
Mere exchange of draft MoUs or discussions on WhatsApp does not amount to a binding contract, especially when a formal agreement remains unsigned.
SEBI invites public comments on proposed changes to the EBP and RFQ platforms for debt securities. Submit feedback by April 10, 2025, through the online portal.
Andhra Pradesh High Court rules that GST assessment orders without a DIN or signature are invalid, following past judgments and CBIC guidelines.
Understand GST Rule 86B, which restricts electronic credit ledger usage for tax payments. Learn its applicability, exemptions, and compliance requirements.
Learn how to draft a cover letter for the GST Amnesty Scheme 2024. Understand compliance, appeal withdrawal, and tax liability relief under Section 128A.
Learn about new ISD rules under GST from April 2025. Understand ITC distribution, documentation, and compliance for same-state and different-state branches.
Notification No. 25/2024-Central Tax, issued on October 9, 2024, has expanded the applicability of GST TDS on metal scrap. Many businesses are now required to deduct 2% GST TDS when purchasing metal scrap from registered suppliers.
SEBI mandates industry standards for disclosure under Regulation 30. Learn about materiality, timelines, and compliance for listed entities under new guidelines.
Delhi High Court upheld a significant penalty imposed by the Reserve Bank of India (RBI) under the Foreign Exchange Management Act (FEMA), 1999, highlighting the strict compliance requirements and severe financial consequences for violations.
