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Additions Unsustainable if identity & credit worthiness of investors established

October 30, 2023 354 Views 0 comment Print

Karnataka High Court upholds the ITAT’s decision to delete additions made by Revenue concerning undisclosed income from investments in shell companies.

ITAT Delhi Dismisses Revenue’s Appeal on Low Tax Effect

October 30, 2023 246 Views 0 comment Print

ITAT Delhi dismissed the Revenue’s appeal due to a low tax effect, as the tax effect was below the threshold prescribed by the CBDT Circular.

Related Parties with Same GST Registration Location: HC Debunk Myths

October 28, 2023 14313 Views 0 comment Print

Explore the AP High Court’s judgment on Sakthi Steel Industries vs. Appellate Commissioner, analyzing GST registration cancellation based on premises sharing

Companies (Management and Administration) Second Amendment Rules, 2023 

October 27, 2023 15816 Views 0 comment Print

Stay updated with the latest Ministry of Corporate Affairs notification. Learn about the Companies (Management and Administration) Second Amendment Rules for 2023 and the key changes they bring.

Clarification regarding determination of place of supply in various cases

October 27, 2023 6669 Views 0 comment Print

This article explains the clarifications provided in Circular 203/15/2023 regarding the determination of the place of supply in various cases under GST in India

Exposure Draft on Accounting Standards for Limited Liability Partnerships

October 27, 2023 2547 Views 0 comment Print

Explore the Exposure Draft on Accounting Standards for Limited Liability Partnerships issued by the Accounting Standards Board of ICAI. Learn about the proposed changes

PFRDA Circular: Systematic Lump Sum Withdrawal (SLW) for NPS Subscribers

October 27, 2023 897 Views 0 comment Print

Discover the PFRDA latest circular on Systematic Lump Sum Withdrawal (SLW) for NPS Subscribers. Learn about phased lump sum withdrawal options and how to initiate it

Request for Form 10B and Form 10BB Relaxation & due date Extension

October 27, 2023 34092 Views 0 comment Print

Chamber of Tax Consultants seeks an extension for filing Form 10B and Form 10BB while requesting relaxation of requirements. Details and updates here.

Corrigendum-II dated 26.10.2023 to notification No. 33/2022-Customs (ADD)

October 26, 2023 534 Views 0 comment Print

Explore the latest changes to the Customs Tariff Act with the Ministry of Finance Corrigendum II. Understand the impact and important updates

Competition (Form of Publication of Guidelines) Rules, 2023

October 26, 2023 390 Views 0 comment Print

Stay informed about the latest Competition Act guidelines with the Ministry of Corporate Affairs new rules in 2023. Learn the key provisions and their impact

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