IFSCA issues warning to Neo Asset Management IFSC branch for failing to maintain physical presence of key personnel after multiple non-compliance findings.
Article analyzing Section 6 of CGST Act on cross-empowerment of GST authorities, implications of parallel proceedings, and judicial views.
Summary of accounting policies, fixed assets, inventory valuation, revenue recognition, and compliance details from the Notes to Accounts.
Bombay High Court tells Payu Payments to respond to DGGI tax show cause notice, reinforcing legal principle of exhausting alternate remedies first.
ITAT Mumbai held that date of allotment letter, rather than date on which purchase deed of conveyance was entered, should be considered for holding period of the property. Accordingly, appeal of assessee allowed.
Gayatri Balasamy Vs ISG Novasoft Technologies Limited (Supreme Court of India) In its landmark judgment delivered on 30th April 2025, the Supreme Court of India addressed the contentious issue of whether Indian courts possess the authority to modify arbitral awards under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996. The case, Gayatri […]
Gauhati HC affirms Central Govt’s power to notify mandatory BIS quality standards as a policy decision in Century Plyboards case.
Understand the GST Composition Scheme: eligibility, benefits, restrictions, rates, and compliance for small taxpayers in India under the CGST Act.
ITAT Mumbai rules revenue matching isn’t a precondition for claiming business expenses u/s 37(1). Learn about this important income tax decision.
Understand the new Section 194T TDS rules for partnership firm payments to partners (salary, interest). Learn about challenges and how to prepare for compliance.
