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Archive: 25 March 2025

Posts in 25 March 2025

Strike Off of Private Limited Companies: A Comprehensive Guide

March 25, 2025 921 Views 3 comments Print

The process of striking off a private limited company refers to the removal of a company’s name from the Register of Companies (ROC), thereby ceasing its legal existence. This can either be initiated voluntarily by the company or by the Registrar of Companies (ROC) under specified circumstances. Regulatory Provisions The provisions governing the strike-off of […]

Ind AS 116 & IFRS 16: Understanding Lease Substitution Rights

March 25, 2025 201 Views 0 comment Print

Learn how Ind AS 116 & IFRS 16 define lease substitution rights. Understand when asset control determines lease recognition in financial reporting.

Converting LLP to Private Limited Company: Key Steps & Rules

March 25, 2025 702 Views 0 comment Print

Learn the legal process, tax implications, and benefits of converting an LLP into a Private Limited Company. Step-by-step guide for a smooth transition.

GST Appeals and Limitation: A Harsh Reality for Taxpayers

March 25, 2025 456 Views 0 comment Print

Missing the GST appeal deadline can result in permanent loss of rights. Learn why courts can’t help and how taxpayers can avoid costly mistakes.

Input Service Distributor Registration applicable w.e.f. 1st April 2025

March 25, 2025 981 Views 0 comment Print

Learn about ISD registration under GST effective April 2025. Understand ITC distribution, compliance rules, and recovery of excess credit.

CBIC Clarification on scope of Camera Module of Cellular Mobile Phones

March 25, 2025 180 Views 0 comment Print

CBIC defines camera module components for concessional duty under Customs Notification 57/2017, ensuring uniform classification for mobile phone manufacturing.

Weekly newsletter from Chairman, CBIC dated 24/03/2025

March 25, 2025 192 Views 0 comment Print

CBIC discusses revenue trends, HR promotions, sports events, and duty evasion cases in a recent review meeting. Key updates on investigations and achievements.

IFSCA Forms Committee to Boost GIFT-IFSC Insurance Hub

March 25, 2025 54 Views 0 comment Print

IFSCA forms Standing Committee on Insurance to enhance GIFT-IFSC’s insurance ecosystem. Focuses on regulation, stakeholder engagement, and global competitiveness.

Matter restored back as CIT(A) failed to consider additional evidences: ITAT Chennai

March 25, 2025 69 Views 0 comment Print

ITAT Chennai restored the matter back to the file of AO since CIT(A) failed to consider the additional evidence which was sought by AO. Accordingly, matter restored back to the files of AO for fresh adjudication.

SEBI Extends Suspension of Commodity Derivatives Trading

March 25, 2025 72 Views 0 comment Print

SEBI extends suspension of trading in select commodity derivatives, including wheat, paddy, and crude palm oil, until March 31, 2026.

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