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GST on Factory Building Repairs: ITC Availability & Capitalization Rules

August 28, 2023 60249 Views 1 comment Print

Detailed analysis of the Advance Ruling in the case of J.K. Fenner (India) Limited regarding GST ITC claim on works contract for factory building repairs.

Employment Condition not a Violation of CCI Act Section 4(2)(a)(i): CCI

August 26, 2023 2724 Views 0 comment Print

Analysis of the case between Transvahan Technologies and S.R. Venkatesan regarding unfair employment conditions under the CCI Act’s Section 4.

Tata Motors not guilty of coercing dealers and imposing unfair practices: CCI

August 26, 2023 2196 Views 0 comment Print

Dive deep into the Competition Commission of India’s ruling in the case between Neha Gupta and Tata Motors. Explore the allegations, analysis, and conclusions drawn.

House possession date Non- disclosure is abuse of dominant position: CCI

August 26, 2023 489 Views 0 comment Print

Detailed analysis of Ramesh Kumar vs. Chandigarh Housing Board case, highlighting CHB’s abuse of dominant position in housing scheme possessions.

India Allocates 5841 MT Sugar for EU Export Under TRQ 2023-24

August 25, 2023 837 Views 0 comment Print

DGFT notice on allocation of 5841 MT Sugar for EU export from India under TRQ for 2023-24. Details on export conditions, certifications, and implementing agency.

No Profiteering on project ‘Anandam Square’ by Friends Land Developers: CCI

August 25, 2023 198 Views 0 comment Print

CCI finds no evidence of profiteering by Friends Land Developers for Anandam Square project. CGST Act, 2017’s Anti-Profiteering provisions not violated.

Pearlite Real Properties not guilty of Profiteering: CCI

August 25, 2023 186 Views 0 comment Print

Pearlite Real Properties vindicated in the profiteering case by the Competition Commission of India after a comprehensive review. Details of the decision inside.

New Paper Exemption Rules for CA Exams from May 2024

August 25, 2023 116478 Views 11 comments Print

The Institute of Chartered Accountants of India (ICAI) has brought forward significant announcements on the 24th of August, 2023. These focus on the exemption(s) from appearing in specific papers or entire groups of the Chartered Accountancy Examinations under their newly implemented Scheme of Education and Training, set to take effect from May 2024. ICAI’s New […]

SEBI Updates Cyber Security Framework for Stock Exchanges, Clearing Corporations & Depositories

August 24, 2023 945 Views 0 comment Print

SEBI revises Cyber Security and Resilience guidelines for Stock Exchanges, Clearing Corporations, and Depositories. Details on audits, compliance, and reporting included.

ITC not eligible on services received in the form of transfer of rights in leasehold land owned by GIDC

August 24, 2023 3609 Views 0 comment Print

In re Bayer Vapi P. Ltd. (GST AAR Gujarat) Q. Whether the applicant is entitled to take ITC of the CGST & SGST paid by them on the services received from Vapi Enterprise Ltd in the form of transfer of its rights in the leasehold land owned by GIDC in favour of the applicant which […]

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