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Battery Waste Management (Amendment) Rules, 2023

October 25, 2023 5715 Views 0 comment Print

Read the Battery Waste Management (Amendment) Rules 2023 notified by the Ministry of Environment, Forest, and Climate Change. Learn about extended producer responsibilities, recycling targets, and more

Show Cause Notice Issued Under Wrong Section Void: CESTAT Kolkata

October 24, 2023 1842 Views 0 comment Print

The Commissioner of Customs vs. Axis Shipping Agency case: CESTAT Kolkata rules issuance of show cause notice under Section 124 of Customs Act for Customs Broker license void ab initio.

ITAT Allows Bonus Deduction under Section 43B of Income Tax Act

October 24, 2023 2529 Views 0 comment Print

Read about ITAT’s decision to allow bonus deduction under Section 43B of the Income Tax Act for Adani Power Ltd. for Assessment Year 2019-20.

Amendments to IFSCA AML, CTF, and KYC Guidelines, 2022

October 23, 2023 687 Views 0 comment Print

Discover latest updates in International Financial Services Centres Authority (IFSCA) Guidelines for Anti Money Laundering and Counter-Terrorist Financing in 2022 and their impact on regulated entities

Helmets for Police Force, Civil Defence and Personal Protection (Quality Control) Order, 2023

October 23, 2023 564 Views 0 comment Print

Explore the Helmet Quality Control Order 2023 issued by the Ministry of Commerce and Industry. Learn about standards, enforcement, and its impact.

Release Cash Seized without SCN, Including Demonetized 2000 Rs Note: Kerala HC

October 22, 2023 939 Views 0 comment Print

Kerala High Court directs the release of seized cash, including demonetized 2000 Rs notes, in the T.H. Fazil vs. State Tax Officer case. Get the full details here.

Location of Recipient Doesn’t Solely Determine Place of Service

October 22, 2023 678 Views 0 comment Print

In a recent case, CESTAT Ahmedabad provides relief to Bajaj Herbals, ruling that no service tax is leviable on advertising agency services provided by foreign-based service providers for marketing. Get the full details here.

Supreme Court Grants Interim Bail for Tax Return Finalization

October 22, 2023 708 Views 0 comment Print

The Supreme Court of India grants interim bail to an incarcerated assessee for the purpose of finalizing tax returns under the Income Tax Act and Companies Act.

TDS on Virtual Digital Asset (VDA) Transfers – Key Provisions

October 22, 2023 2115 Views 0 comment Print

Learn about TDS on Virtual Digital Asset (VDA) transfers under Section 194S, including deductor responsibilities, rates, and consequences of non-compliance.

No Section 271D Penalty for Loans Through Banking Channels: ITAT Ahmedabad

October 22, 2023 519 Views 0 comment Print

ITAT Ahmedabad rules that penalties under Section 271D of the Income Tax Act cannot be imposed on loans transacted through banking channels. Details and analysis.

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