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PFRDA (Custodian of Securities) Regulations, 2015: Proposed Amendments

October 26, 2023 285 Views 0 comment Print

Explore proposed amendments to the PFRDA (Custodian of Securities) Regulations, 2015. Get insights into key changes, stakeholder comments, and the impact of these amendments.

GSTN enables New Registration functionality for IRPs

October 26, 2023 1002 Views 0 comment Print

GSTN facilitates new registration for corporate debtors under IBC, benefiting companies in insolvency resolution. Procedure and details included.

Bank Account Attachment in GST Must Follow Law: Delhi High Court

October 25, 2023 1185 Views 0 comment Print

Delhi High Court ruled that attaching bank accounts in GST cases cannot be based on mere assumptions, and the law must be followed.

Section 35(2AB) Deduction cannot be denied for failure of authority to send intimation

October 25, 2023 1137 Views 0 comment Print

In the PCIT vs. Schaeffler India Ltd. case, the Gujarat High Court upholds section 35(2AB) deduction, stating that delayed intimation doesn’t negate it.

Form 10IC: One-Time Filing for Concessional Tax Rate under Section 115BAA

October 25, 2023 1629 Views 0 comment Print

Explore the ITAT Delhi’s decision in Concentrix Daksh Services vs ACIT case. Understanding the applicability of concessional tax rates and the misconceptions.

CGST Mumbai Busts Rs. 263 Crore Fake GST Invoice Racket

October 25, 2023 1590 Views 0 comment Print

CGST Mumbai South Commissionerate arrests a fake GST invoice racketeer, uncovering a Rs. 263 Crore fraud involving Rs. 7.66 Crores fake GST Input Tax Credit. Details here.

IFSCA (Investment by International Financial Services Centre Insurance Office) (Amendment) Regulations, 2023

October 25, 2023 591 Views 0 comment Print

Discover the latest IFSCA Notification for 2023, amending the Insurance Office Regulations. Get insights into the key changes and their implications

CAAR Cannot Rule on Goods’ Classification Under Quality Control Order, 2022

October 23, 2023 354 Views 0 comment Print

Read about a CAAR Delhi case where it couldn’t provide a ruling on the classification of goods under the Quality Control Order, 2022.

CAAR cannot give advance ruling on the intent of notification

October 23, 2023 420 Views 0 comment Print

Explore a case where CAAR Delhi clarifies its role in interpreting customs notifications, refusing to provide rulings on notification intent

Roasted Areca/Betel Nuts classifiable under CTI 2008 19 20

October 23, 2023 507 Views 0 comment Print

Roasted areca/betel nuts fall under Custom Tariff Heading 2008, specifically under CTI 2008 19 20 ‘Other roasted nuts & seeds’ of Chapter 20 of First Schedule of Customs Tariff Act, 1975.

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