Delhi High Court judgment in Nestle SA vs ACIT clarifies that investment in shares by Nestle in its Indian subsidiary is a capital account transaction, not income.
CESTAT Chennai rules against service tax on ONGC’s royalty payments for petroleum licenses, affirming royalty as a regulatory fee, not service consideration, offering clarity on tax implications of such payments.
Customs Authority for Advance Rulings in New Delhi resolves classification of Roasted Areca Nuts, setting a precedent for similar cases. Learn the ruling details.
Explore the MCA penalty on Fine Gems Export and directors for violating Companies Act Section 10(1). Detailed analysis, consequences, and appeal information.
Read about IRDAIs final order on Anmol Medicare TPA, imposing penalties for violating loan regulations. Detailed analysis of charges, TPAs response, and Authoritys decision.
Discover the top rank holders and pass percentages in the CA Final and Intermediate Examinations held in November 2023, as announced by the Institute of Chartered Accountants of India (ICAI). Get insights into the detailed analysis of the results and understand the achievements of the successful candidates. Access the complete results on the official ICAI website.
Explore the details of Notification No.10/2024 by the Ministry of Finance, providing income tax exemption to Chennai Metropolitan Water Supply and Sewerage Board for specified incomes.
Explore Delhi High Court judgment on Neelkanth Metals Vs Union of India & Anr., as it sets aside GST Registration cancellation, citing a violation of natural justice.
Competition Commission of India (CCI) directs DGAP to re-examine projects ‘Omkar 1973 Worli’ and ‘The Summit Business Bay.’ Details of the investigation, findings, and next steps.
Explore latest IFSCA advisory to banking units, urging upgrades in messaging solutions for faster cross-border payments. Key insights and directives unveiled.
