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Archive: 11 April 2025

Posts in 11 April 2025

IFSCA Updates Trade Finance Platform Guidelines

April 11, 2025 540 Views 0 comment Print

IFSCA amends ITFS platform guidelines to clarify AUM, financier eligibility, and FATF compliance for enhanced regulatory clarity and risk management.

Erroneous Assessment Ignoring SC Judgment Cannot Be Trivialized: Kerala HC

April 11, 2025 921 Views 0 comment Print

Kerala HC sets aside IT assessment order against co-op bank for disallowing 80P deduction, citing disregard of binding Supreme Court precedent.

LLP Audit Standards Draft Released by ICAI

April 11, 2025 5049 Views 0 comment Print

ICAI’s AASB issues Exposure Draft of Auditing Standards for LLPs. Review the changes and provide feedback by May 1, 2025.

ITAT Pune Sends Capital Gains Assessment Back to AO in Development Agreement Dispute

April 11, 2025 543 Views 0 comment Print

ITAT Pune deletes capital gains addition u/s 2(47) as possession wasn’t transferred under development agreement.

Mechanical Approval and Erroneous Facts: ITAT quashes Reassessment

April 11, 2025 1722 Views 0 comment Print

ITAT Delhi quashes reassessment in Nikita Mahajan case, citing incorrect jurisdiction and mechanical approval. Learn about the key details of the decision.

SEBI LODR Rules for Related Party Transactions

April 11, 2025 25428 Views 1 comment Print

Understand SEBI LODR 2015 rules for related party transactions, including definitions, approvals, exemptions, and disclosure requirements for listed companies.

India’s Multi-Tiered Engagement: Bilateral, Regional & Multilateral Strategies

April 11, 2025 969 Views 0 comment Print

Explore India’s evolving trade policy across bilateral, regional, and multilateral levels amid global economic shifts and emerging trade blocs.

ITAT Accepts Evidence for Joint Agricultural Income; Sets Aside Additions

April 11, 2025 777 Views 0 comment Print

 ITAT Ahmedabad overturns addition, accepts assessee’s joint agricultural income claim. Case details and ITAT order summary provided.

Implications of 30-Day E-Invoice Limit Advisory issued by GSTN (Hindi)

April 11, 2025 2655 Views 0 comment Print

GSTN ने एक advisory जारी की है। इसमें कहा गया है कि जिन taxpayers का Annual Aggregate Turnover (AATO) ₹10 करोड़ या उससे अधिक है, वे 30 दिनों से पुरानी E-Invoices को Invoice Registration Portal (IRP) पर report नहीं कर पाएंगे। यह नियम 1 अप्रैल 2025 से लागू होगा।

ICAI vs. ICTPI: Name Similarity Dispute Dismissed by RD

April 11, 2025 15723 Views 2 comments Print

Regional Director dismisses ICAI’s plea to rectify ICTPI’s name, citing no deceptive similarity and ICTPI’s undertakings to avoid confusion.

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