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Draft Guidelines for Prevention and Regulation of Dark Patterns, 2023

September 11, 2023 1383 Views 0 comment Print

Dive into 2023 draft guidelines by Government of India for prevention and regulation of dark patterns in advertising and e-commerce. Know your rights and what it means for businesses.

ITAT Orders Re-Adjudication of Trust’s 12AB Registration Cancellation for Failure to Prove Activity Genuineness

September 11, 2023 1338 Views 0 comment Print

ITAT Pune re-adjudicates Vishranti Gruh Trust’s cancelled 12AB registration due to failure in furnishing genuineness of activities. Learn more about the decision.

Value of Tools and Dies Includable in Assessable Value of Excisable Goods

September 11, 2023 570 Views 0 comment Print

Understand the value of tools and dies includable in the assessable value of excisable goods with the recent ruling on this case by CESTAT Ahmedabad.

Charges levied by Foreign Bank Not Taxable under Banking & other Financial Services

September 11, 2023 1236 Views 0 comment Print

CESTAT Chennai rules that Kadri Mills (CBE) Ltd. is not liable to pay tax on banking charges deducted by foreign banks. The article provides a comprehensive analysis of the judgment.

GST: Calcutta HC stays Section 61 notice over jurisdiction issue

September 11, 2023 2139 Views 0 comment Print

Calcutta High Court allows Gopeshwar Iron & Steel’s appeal, staying a notice under Section 61 of the CGST Act, 2017. Discover why jurisdiction matters in this intricate tax case.

Section 153A: No Addition Without Incriminating Evidence in Unabated Assessment

September 9, 2023 1782 Views 0 comment Print

ITAT Chennai in Estate of Late Smt. Jayanthi Krishnamurthy Vs ACIT held that no addition could be made under section 153A in absence of incriminating evidence resulting from a search, especially if assessment is unabated.

Chlorinated Paraffin Wax (liquid form) classifiable under Sub Heading 3824 90 & CBIC  clarification has a retrospective effect

September 9, 2023 666 Views 0 comment Print

Analysis of CESTAT Ahmedabad decision in Gujarat Alkalies and Chemicals Ltd vs C.C.E. & S.T., focusing on retrospective effects of CBEC clarification on excise tax for Chlorinated Paraffin.

Reassessment can be initiated only on approval from specified authority & should not be based on change of opinion

September 9, 2023 4836 Views 0 comment Print

Exploring Siemens Financial Services vs DCIT Bombay High Court case that clarified role of specified authority in reassessment approvals and impermissibility of changes in opinion.

ICSI urges to allow CS in practice to be independent director of a company  

September 8, 2023 6408 Views 1 comment Print

ICSI requests amendments to Sections 204 & 149(6)(e)(ii)(A) of Companies Act,, to enable Company Secretaries in practice to be Independent Directors

ICSI Proposes New Mechanism for Charge Creation Post 120 Days

September 8, 2023 20139 Views 0 comment Print

ICSI suggests an amendment in Section 77 of Companies Act, 2013. It aims to allow charge registration beyond 120 days with ad valorem fees.

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