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GST Applicability for School Transport Services: AAR Tamilnadu Ruling

September 14, 2023 5124 Views 0 comment Print

GST applicability for school transport services in Tamilnadu as ruled by AAR. Understand exemption for educational institutions and implications for parents and schools.

GST on Tapioca flour obtained by crushing dried roots & remnants of tapioca roots/tubers

September 14, 2023 1710 Views 0 comment Print

Understand the GST classification of tapioca flour residues, its liability to tax, and the need for registration for traders in Tamil Nadu.

SEBI Circular: AIFs Regulatory Reporting Guidelines

September 14, 2023 5157 Views 0 comment Print

SEBI Circular Dated: September 14, 2023 regarding regulatory reporting guidelines for Alternative Investment Funds (AIFs) with revised reporting format, submission deadlines

Re-adjudicate Deceased Assessee’s Foreign Income Based on Previous Year’s Residential Status: ITAT

September 14, 2023 843 Views 0 comment Print

Read the full text of ITAT Mumbai’s order directing re-adjudication of foreign income earned by a deceased assessee based on the residential status of the previous year.

Company Law Committee Tenure Extended till 16.09.2024

September 13, 2023 1107 Views 0 comment Print

Ministry of Corporate Affairs extends the tenure of the Company Law Committee till September 16, 2024, with details on its objectives and members.

Duty Overpayment: No Discrepancy Found, Suo Moto Re-Credit Justified

September 13, 2023 669 Views 0 comment Print

Analyzing the CESTAT Ahmedabad ruling on Bayer Vapi Pvt Ltd. vs C.C.E. & S.T.-Daman case, focusing on Cenvat re-credit, suo moto reversal, and legal implications.

RBI Circular: PM Vishwakarma Scheme for Artisans

September 13, 2023 3498 Views 0 comment Print

Read RBI circular dated September 13, 2023, regarding ‘PM Vishwakarma Scheme,’ designed to empower artisans and craftspeople in India.

Mere delay in verification isn’t enough to allege fact suppression under Section 11A

September 13, 2023 441 Views 0 comment Print

Understand why a mere delay in verification isn’t enough to allege fact suppression under Section 11A. Intent matters. Learn more in this analysis.

Notification No. 71/2023- Income-Tax Dated: 12th September, 2023

September 12, 2023 17793 Views 1 comment Print

Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) Notification No. 71/2023- Income-Tax Dated: 12th September, 2023 S.O. 3981(E).—In exercise of the powers conferred by sub-clause (d) of clause (viiab) of section 47 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further amendments in the notification […]

CBDT notifies Multi Commodity Exchange Investor (Client) Protection Fund Trust U/s. 10(23EC)

September 12, 2023 927 Views 0 comment Print

Read about latest CBTD notification regarding Multi Commodity Exchange Investor Protection Fund Trust under Section 10(23EC) for assessment year 2014-15.

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