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ICAI President’s Message – December 2023

December 2, 2023 6378 Views 0 comment Print

Explore India economic evolution and global prominence. President December 2023 message outlines key developments, partnerships, and the profession vital role in shaping the nations growth

Transaction Authenticity Unquestionable if E-Way Bill Not Cancelled in Time: Allahabad HC

December 1, 2023 2025 Views 0 comment Print

Once the e-way bill has been generated and same has not been cancelled by the petitioner within the time prescribed under the Act, the movement of goods as well as genuineness of transaction in question cannot be disputed.

How is a Loan Against Property Different from a Home Loan

December 1, 2023 1674 Views 0 comment Print

Learn difference between Loan Against Property and Home Loan. Uncover nuances between two different types of mortgage loans to make informed decisions.

CBDT Extends Income Tax Refund Claim Processing Deadline

December 1, 2023 5250 Views 1 comment Print

Introduction: On the 1st of December, 2023, the Central Board of Direct Taxes (CBDT), under the Ministry of Finance, issued a crucial order under section 119 of the Income-tax Act, 1961. The order addresses the processing of electronically filed income tax returns with refund claims, extending the deadline beyond prescribed limits for non-scrutiny cases. This […]

Guidelines for Prevention and Regulation of Dark Patterns, 2023

November 30, 2023 2085 Views 0 comment Print

Explore the Central Consumer Protection Authoritys guidelines for 2023, aimed at preventing deceptive dark patterns online. Learn about prohibited practices and conditions

NDPS Act: Independent Witnesses Not Solely Required for Charge Proof: SC

November 30, 2023 1767 Views 0 comment Print

SC decision clarifies that proving charges under the NDPS Act doesn’t solely depend on the presence of independent witnesses and underscores the importance of procedural compliance.

Supreme Court Dismisses Bharat International’s Entry Tax Appeal

November 30, 2023 1032 Views 0 comment Print

The Supreme Court dismisses Bharat International’s appeal on entry tax, citing the precedent in Jindal Steel. Learn about the ruling and its implications on trade and commerce

760 days delay in submission of Form INC-22: MCA Imposes Rs. 1.5 Lakh Penalty

November 30, 2023 10710 Views 0 comment Print

Explore the consequences faced by Shree Hayagreeva Oil and Gas Private Limited for a 760-day delay in filing Form INC-22. MCA imposes Rs. 1.5 Lakh penalty. In-depth analysis and order insights

Delhi GST Department Implements Digital DIN

November 29, 2023 10377 Views 0 comment Print

Circular 1122-28 from Delhi GST Department mandating use of Digital Document Identification Number (DIN) for transparent communication. Learn about exemptions, procedures, and implications

SEBI’s Consultation Paper on Special Situation Funds Regulatory Changes

November 29, 2023 1626 Views 0 comment Print

Explore SEBI’s proposed amendments to facilitate Special Situation Funds in acquiring stressed loans under RBI Master Directions. Provide your feedback by December 27, 2023.

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