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NFRA Imposes Penalty and 1-Year Debarment on SRS Limited Auditor

September 26, 2023 20994 Views 0 comment Print

Read about penalty and 1-year debarment imposed by NFRA on CA Apoorve Bansal of M/s SVP & Associates for statutory audit of SRS Limited for Financial Year 2017-18.

Goods & Conveyance Detention: Vehicle Parked for Loading- HC directs reconsidereation

September 26, 2023 795 Views 0 comment Print

Analysis of Salim Mohammad vs. Assistant Commissioner of Revenue case. Calcutta High Court remands GST penalty case for reconsideration, citing issues with interpretation. Explore the details.

GST on Supply of food to employees and contract workers

September 26, 2023 7398 Views 1 comment Print

In re Federal-Mogul Anand Bearings India Limited (GST AAAR Himachal Pradesh) Question 1: Whether the subsidized deduetion made by the Appellant from the Employees who are availing food in the factory would he considered as a “supply” by the Appellant under the provisions of Section 7 of Central Goods and Service Tax Act, 2017 and […]

When Will the Crypto Market Recover from India’s Tax Crackdown?

September 26, 2023 1152 Views 0 comment Print

India’s 30% tax on crypto assets has traders fleeing. Can investors expect relief in the years to come?

Revised Deadline for Packing Machine Details for Pan Masala & Tobacco products

September 25, 2023 1776 Views 0 comment Print

CBIC’s Notification No. 47/2023-Central Tax extends the effective date of a special procedure for Pan Masala & Tobacco product manufacturers to January 1, 2024.

Amendment of Income Tax Rule 11UA- Valuation of Unquoted Equity Shares

September 25, 2023 29766 Views 0 comment Print

CBDT) amends Income Tax Rule 11UA regarding valuation of unquoted equity shares for tax purposes. Learn about changes in this amendment.

FCRA Registration Certificate Validity Extension Notice

September 25, 2023 1542 Views 0 comment Print

Ministry of Home Affairs, India, extends validity of FCRA registration certificates for specific categories of entities. Learn about the extension criteria and implications.

Self- Contained Drinking Water Cooler (Quality Control) Order, 2023

September 25, 2023 1116 Views 0 comment Print

Explore Self-Contained Drinking Water Cooler Quality Control Order 2023 issued by Ministry of Commerce and Industry. Learn about standards, enforcement, and its implications.

Precision Roller and Bush Chains Quality Control Order 2023

September 25, 2023 1842 Views 0 comment Print

Discover Precision Roller and Bush Chains Quality Control Order 2023 issued by Ministry of Commerce and Industry. Learn about standards, enforcement, and its impact.

Advance Authorization Scheme Pre-Import Condition Clarifications

September 25, 2023 5169 Views 0 comment Print

Trade Notice 27/2023-DGFT dated 25th September 2023, providing clarification on the pre-import condition under the Advance Authorization Scheme, issued by the Ministry of Commerce & Industry.

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