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ITAT Quashes 115BBE Addition for Assessee’s Age-Related Memory Challenge

November 9, 2023 3060 Views 0 comment Print

The ITAT Hyderabad quashes an addition under Section 115BBE due to an elderly assessee’s inability to recall income details within the specified time, highlighting the importance of considering age-related factors.

SEBI Circular: Framework for Unclaimed Amounts in Non-Convertible Securities

November 8, 2023 1161 Views 0 comment Print

Learn about SEBI’s procedural framework for unclaimed amounts in non-convertible securities, including the transfer to Escrow Accounts and Investor Education and Protection Fund

Non-appointment of Wholetime CS: MCA Imposes Rs. 25 Lakh Penalty

November 8, 2023 411 Views 0 comment Print

Government of Indias Ministry of Corporate Affairs penalizes Delta International Ltd with a Rs. 25 Lakh penalty for non-appointment of whole-time Company Secretary. Detailed analysis and consequences.

Delhi HC Upholds deletion of Pre-Operative Stage Expenses Disallowance

November 8, 2023 501 Views 0 comment Print

Delhi High Court upholds deletion of disallowance on expenses incurred during the pre-operative stage in the case of PCIT vs. Imperative Hospitality Pvt Ltd.

Union Finance Minister Launches 12 GST Seva Kendras in Gujarat

November 8, 2023 780 Views 0 comment Print

Union Finance Minister inaugurates 12 GST Seva Kendras in Vapi, Gujarat, as part of Mera Bill Mera Adhikaar campaign. Learn about the initiative and its impact

Delay of 664 days in filing of from MGT-6 – MCA IMposes 9 Lakh Penalty

November 8, 2023 13377 Views 0 comment Print

Read about the penalty order issued by the Ministry of Corporate Affairs against BMM TESTLABS INDIA PRIVATE LIMITED for violating Section 89 of the Companies Act, 2013. Details of the case, adjudication, and appeal process

Public Provident Fund (Amendment) Scheme, 2023

November 7, 2023 6321 Views 0 comment Print

Explore the latest amendments in the Public Provident Fund Scheme, 2019 by the Ministry of Finance. Understand changes in account extension provisions for better financial planning

National Savings Time Deposit (Fourth Amendment) Scheme, 2023

November 7, 2023 1497 Views 0 comment Print

Delve into the details of the National Savings Time Deposit (Fourth Amendment) Scheme, 2023 by the Ministry of Finance. Understand premature closure conditions and interest rates

Senior Citizen’s Savings (Fourth Amendment) Scheme, 2023

November 7, 2023 6816 Views 0 comment Print

Explore the latest amendments in the Senior Citizen’s Savings Scheme 2019 by the Ministry of Finance. Understand new eligibility criteria, extension rules, and withdrawal conditions

CBIC Update: GSTIN Amendment in Bill of Entry After OOC – Latest Advisory

November 7, 2023 3945 Views 0 comment Print

Stay informed on the latest Customs update from CBIC: Amendment of GSTIN in Bill of Entry after OOC. Learn the process, limitations, and potential issues. Advisory No: 27/2023

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