Employer’s and employee’s contributions to PF are treated differently under the Income Tax Act. While the delay in employee’s contribution permanently negates the employer’s claim for deduction, the delay in employer’s contribution only results in the deferment of deduction under Section 43B.
Analysis of ITAT Ahmedabad’s decision in Unity Dye Chem Pvt. Ltd. vs CIT case. Penalty under section 271C not applicable if TDS non-deduction supported by Form 15G/H.
SEBI circular dated August 11, 2023, simplifies KYC process & enhances risk framework for securities market participants. Read about changes and benefits.
Explore the Bharatiya Sakshya Bill 2023 (Bill No. 123 of 2023) aimed at consolidating evidence rules, embracing technology, and ensuring fair trials in judicial proceedings.
SEBI issues circular amending exit option window period for change in control of Asset Management Companies (AMCs) in mutual funds. Learn the new procedure and timelines.
Delhi HC sets aside reassessment order against Riya Gangwani for AY 2019-20, passed without considering the replies. Liberty given to AO for a fresh order.
Kerala HC rules on Elite Green Pvt Ltd’s claim for 4% SAD refund. Court finds that publishing on DGFT’s website amounts to public notice. Details here.
Ruling on service tax liability for Grand Polycoats Co Pvt Ltd vs Commissioner of Central Excise. CESTAT Ahmedabad orders re-adjudication on the case
Get answers to FAQs about SEBI Registered Investment Advisers. Learn about regulations, registration process, fees, qualifications, and more.
Explore the key provisions of the Digital Personal Data Protection Act 2023. Learn about consent, data processing, rights, and obligations for digital personal data in India.
