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Cookware and Utensils (Quality Control) Order, 2023

August 9, 2023 2214 Views 0 comment Print

Discover Cookware and Utensils (Quality Control) Order 2023 issued by Ministry of Commerce and Industry, its standards, implications, and enforcement.

Provisional Attachment: HC Directs Appellant to Avail Remedy under GST Rule 159(5)

August 8, 2023 957 Views 0 comment Print

Allahabad High Court rules on remedy under Rule 159(5) against provisional attachment under CGST. Case details and judgement inside.

SEBI Circular on Erroneous Transfers Remedy Mechanism in demat accounts

August 8, 2023 585 Views 0 comment Print

Understand SEBI’s new circular facilitating reversal of erroneous transfers in demat accounts. Learn about the exemption from OTP and committee-based decision process.

Section 271(1)(c) Inapplicable if No Income Concealment by Assessee

August 7, 2023 426 Views 0 comment Print

Read the full text of ITAT Ahmedabad’s order deleting the penalty u/s 271(1)(c) for Dineshkumar Kanjibhai Patel-HUF as no concealment of particulars or inaccurate income filing found.

Industry Standards Forum by SEBI: Streamlining Regulatory Implementation

August 7, 2023 759 Views 0 comment Print

Learn about SEBI’s Industry Standards Forum, aimed at enhancing regulatory implementation through collaboration with ASSOCHAM, CII and FICCI.

Appointment of Adjudicating Authority for SVB Case – M/s. Mageba Bridge

August 7, 2023 624 Views 0 comment Print

Read about the appointment of an Adjudicating Authority for finalizing provisional assessment in the SVB case of M/s. Mageba Bridge Products Pvt. Ltd. as per Notification No. 59/2023-Customs.

Bombay HC Directs Defect Memo to Rectify GST Procedural Errors

August 6, 2023 975 Views 0 comment Print

Read the full judgment of JEM Exporter vs. Union of India case where Bombay High Court directs issuance of a defect memo to rectify GST procedural errors before filing an appeal.

CHA cannot be penalised on assumptions & presumptions devoid of concrete facts showing wrongdoing

August 6, 2023 717 Views 0 comment Print

Delve into the CESTAT Chennai’s decision: Lapse or failure to comply with CBLR does not attract penalties under sections 114 & 114AA of the Customs Act, 1962.

Tax Evasion Information: SC directs Centre to Reconsider Reward Granted

August 6, 2023 894 Views 0 comment Print

Detailed case analysis of Ketan Modi vs Union of India & Others. Uncover the Supreme Court’s decision on reward reconsideration in a tax evasion revelation.

Assessment Invalidated by ITAT: Reopening Beyond Four Years

August 6, 2023 1293 Views 0 comment Print

Discover the key points from the Samridhi Stocks Pvt Ltd vs ITO case at ITAT Kolkata, where a late assessment reopening was invalidated.

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