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In re Bhagavathi Ladies Hostel (GST AAR Tamilnadu)

December 16, 2023 321 Views 0 comment Print

M/s BHAGAVATI LADIES HOSTEL, 15/2, Amman nagar East, Saravanampatti, Coimbatore 641035(hereinafter referred to as ‘The Applicant). The Applicant is running a ladies residential hostel for college students and working people.

DGFT Notification 53/2023: Amendments to Food Supplement Export Policy

December 15, 2023 2424 Views 0 comment Print

Explore the impact of DGFT Notification 53/2023, amending the export policy for food supplements with botanicals. Learn about ITC HS Code changes and the new certification requirements for EU and UK exports.

Enabling Academic Excellence through Campus Infrastructure Services at GIFT-IFSC

December 14, 2023 1101 Views 0 comment Print

Explore IFSCA’s circular permitting International Branch Campuses (IBCs) and Offshore Educational Centres (OECs) at GIFT-IFSC to leverage Academic Infrastructure Service Providers for top-notch campus facilities and support services.

Rubber Gaskets for Pressure Cookers (Quality Control) Order, 2023

December 14, 2023 543 Views 0 comment Print

Explore the implications of the Rubber Gaskets for Pressure Cookers Quality Control Order 2023 by the Ministry of Commerce and Industry. Learn about standards, enforcement, and its impact on manufacturers.

Violation of Section 179(3)(d) of Companies Act, 2013: MCA Imposes Penalty

December 14, 2023 3594 Views 0 comment Print

(MCA has imposed penalties on Ignosi Systems Private Limited for violation of Section 179(3)(d) of the Companies Act, 2013.

Lack of cooperation from petitioner, HC upheld best judgment assessment order

December 14, 2023 657 Views 0 comment Print

Kerala High Court dismisses writ challenging income tax assessment by TDGSM Co-Op Society. Details on court’s decision, petitioner’s claims, and potential remedies explored.

Section 14A Disallowance Cannot Surpass Exempt Income: Delhi HC 

December 14, 2023 969 Views 0 comment Print

Understand the tax treatment of interest on loans for share purchase when income from shares is classified as business income. Analysis of the Delhi High Court’s ruling in PCIT Vs Devata Tradelink Ltd

Assessing Officer Must Substantiate Bogus Creditor Claim: ITAT Delhi

December 14, 2023 996 Views 0 comment Print

Absence of reply from the creditors do not entitle the Assessing Officer to treat the creditors as bogus without bringing any evidence on record to prove the payable are not indeed not required to be paid.

Reassessment Without Section 151 Approval Void: ITAT Dehradun

December 14, 2023 1704 Views 0 comment Print

In a crucial decision, ITAT Dehradun quashes reassessment in Uttarakhand Purv Sainik Kalyan Nigam Ltd vs. ITO case. Analysis of Section 151 approval absence and its implications.

Cooperative Society Exempt from GST for Solid Waste Management: Patna HC

December 14, 2023 1059 Views 0 comment Print

Read about Patna High Court’s decision in Mahavir Sharmik case, granting relief to a cooperative society from BGST for solid waste management activities.

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