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Analysis of Labour Laws in Industrial Sector & Unfair Labour Practices – A Comparative Study

April 29, 2023 1434 Views 0 comment Print

The researcher analyses the Labor law regulations and unfair trade practices in the Industrial sector. For the purpose of this paper, the researcher tries to analyze the Garment Industry.

Amnesty scheme for revocation of cancellation of GST registration – Instructions

April 28, 2023 28068 Views 1 comment Print

Special procedure will be applicable to the cases wherein application for revocation of cancellation of registration is being filed during the period from 1st April 2023 to 30th June 2023.

Re-Scheduling of CA Exams to held at Jalandhar (Punjab) & Jharsuguda (Odisha)

April 27, 2023 1681 Views 0 comment Print

Re-Scheduling of Chartered Accountants Examination scheduled to be held on 10th May 2023 (Wednesday) at the Examinations Centre at Jalandhar (Punjab) and Jharsuguda (Odisha).

Amount declared as turnover cannot be called concealed income & taxed twice

April 26, 2023 2688 Views 0 comment Print

AO has no right to calculate sales on hypothetical basis ignoring the evidence submitted during the course of assessment proceedings. Once the amount is declared as turn over cannot be called concealed income and be taxed doubly on same amount. The addition U/s 68 is beyond jurisdiction of the ld. AO as the turnover is already reflected in the books of the assessee.

GIG Economy And Its Varied Impacts on The Workforce

April 25, 2023 1167 Views 0 comment Print

Gig economy or jobs can be in Layman’s term defined as employment received through small and brief appointments made by people who require it, that are made through different sorts of mediums. The mediums predominantly being technological in recent times but also has significance outside the domain too.

Classification of service cannot be disturbed or challenged at the end of service recipient

April 24, 2023 1608 Views 0 comment Print

Credit availed by an assessee cannot be denied or varied on the ground that the classification of service should have been made in a different category by the provider of service.

Amendment to Section 43B by Finance Act 2023 & its implication on business

April 24, 2023 33342 Views 3 comments Print

Through Finance Act 2023 a new clause (h) has been added to Sec. 43B of the Income Tax Act and is made applicable from assessment year 2024-25 i.e. Financial year 2023-24. 

CBI Arrests A Customs Superintendent & An ACIT

April 24, 2023 3297 Views 0 comment Print

Central Bureau of Investigation has arrested a Superintendent of Customs, Kolkata for demanding & accepting a bribe of Rs.50,000/- from the Complainant.

MCA Advisory on Launch of STK-2 form along with C-PACE functionality

April 23, 2023 3411 Views 0 comment Print

Ministry of Corporate Affairs is launching STK-2 form along with C-PACE functionality on 01st May 2023 at 12:00 AM.

Master Circular- Prudential Norms on Capital Adequacy – Primary UCBs

April 20, 2023 7407 Views 0 comment Print

Explore the RBI’s Master Circular on Prudential Norms regarding Capital Adequacy for Primary (Urban) Co-operative Banks (UCBs). Learn about statutory requirements, net worth, capital adequacy norms, and more.

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