Explore the ITAT Delhi’s ruling in the Sheetal Mehra vs ITO case, where an inconsistent application of penalty led to its deletion.
An examination of section 271AAB penalty when no undisclosed income is found during search actions. Discover how ITAT Nagpur ruled on this critical tax law issue.
Learn about the penalty imposed by MCA for violating the main object clause of MOA. Detailed analysis of the case and implications. Read more.
Read SEBI’s circular (Aug 2023) on trading preferences for commodity derivatives. Learn about the format for clients & stock brokers, and opting-out facility.
Get clarifications on GST applicability for services provided by directors in personal capacity and supply of food in cinema halls. Learn about reverse charge mechanism
Get the latest GST clarification on rates and classification of goods based on the 50th GST Council meeting. Learn about changes in GST rates and applicability.
Delhi High Court supports Valley Iron & Steel Co.’s voluntary enhancement of disallowance under Section 43B of the Income Tax Act. Detailed analysis and implications here.
Ministry of Finance notifies goods and services eligible for export on payment of integrated tax and refund claim. List of exempted goods specified.
Ministry of Finance exempts persons supplying goods through ECOs from mandatory GST registration under section 24(ix) of CGST Act, subject to specific conditions. Effective from 1st October 2023.
Ministry of Finance notifies ‘Account Aggregator’ as the system for sharing information via common portal under section 158A of CGST Act. Effective from 1st October 2023.
