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Government Grants Aadhaar Authentication Permission to 7 Reporting Entities

December 8, 2023 2157 Views 0 comment Print

Read the latest Ministry of Finance notification granting Aadhaar authentication permission to reporting entities under the Money-laundering Act. Ensure compliance with privacy and security standards.

Deficiencies do not render initial application non est if filed with required documents

December 8, 2023 717 Views 0 comment Print

Explore the Punjab and Haryana High Court’s judgment in Global Health Ltd vs. Union of India on refund rejection grounds. Analysis, implications, and legal insights.

Books of Account cannot be rejected for mere Inadvertent Error in TAR

December 8, 2023 867 Views 0 comment Print

ITAT Mumbai order on ITO vs. Sambhav Shelter, where books of account withstand scrutiny despite an inadvertent mistake in the tax audit report. Full analysis and conclusions revealed.

GST Treatment for Incentives under Atma Nirbhar Gujarat Sahay Yojna

December 7, 2023 642 Views 0 comment Print

GST implications of incentives received under Atma Nirbhar Gujarat Sahay Yojna. Understand if it’s considered subsidy, its taxability, and GAAR ruling.

CESTAT Chennai Allows Provisional Release of goods u/s 110A of Customs Act

December 7, 2023 549 Views 0 comment Print

CESTAT Chennai allows provisional release of gold seized from Sree Venkateshwara Bullion, citing balance of convenience and following principles of natural justice.

CESTAT Chennai grants Cenvat Credit to Insurance Co. for Vehicle Repairs

December 7, 2023 381 Views 0 comment Print

CESTAT Chennai rules in favor of United India Insurance Co., allowing Cenvat credit for vehicle repairs despite invoices in vehicle owners’ names. Analysis and implications.

NPS Contribution Made Easy: PFRDA Introduces QR Code for D-Remit

December 6, 2023 696 Views 0 comment Print

Explore the latest PFRDA Circular (No: PFRDA/2023/35/Sup-CRA/11) enabling NPS subscribers to conveniently contribute via personalized QR codes using D-Remit. Learn the process and benefits here.

CCI directs DGAP to investigate ITC benefit passing claim of ‘GP Infra’

December 6, 2023 426 Views 0 comment Print

Competition Commission of India (CCI) order on the complaint filed by Syed Ali Hussaini against Vasavi and GP Infra LLP. CCI directs DGAP to investigate ITC benefit claim.

Lapses in audit: NFRA imposes Penalties and Sanctions on CA

December 5, 2023 1857 Views 0 comment Print

NFRA issues Order under Section 132(4) of Companies Act, 2013 against CA Amit Vinay Chaturvedi for lapses in DHFL audit. Penalties imposed and sanctions applied

Notification 102/2023: Godavari River Management Board Tax Exemption

December 5, 2023 621 Views 0 comment Print

Explore the impact of Notification 102/2023 by the Ministry of Finance on tax exemptions for Godavari River Management Board. Details on grants, subsidies, and more

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