The issue concerns exemption from TCS on purchase of specified goods. The rule allows exemption where goods are used for manufacturing and not trading. The key takeaway is proper declaration enables tax relief.
The issue concerns an alternative mechanism for resolving tax disputes. Form 119 enables eligible assessees to approach the DRC instead of appellate forums. The key takeaway is availability of a structured dispute resolution pathway.
The issue relates to filing appeals within the prescribed limitation period. The rule mandates filing within two months of order communication. The key takeaway is strict adherence to timelines for appeal rights.
The case highlights conditions for claiming accumulation under section 342(1). Filing within the prescribed timeline is essential. The takeaway is strict compliance with filing deadlines.
The issue concerns the process for granting or rejecting provisional registration or approval. The framework defines timelines, validity, and conditions. The key takeaway is structured compliance for registration under the new regime.
The amendment introduces a system where assets from foreign contributions vest in a designated authority upon cancellation or cessation of registration. This ensures better control and prevents misuse of foreign-funded assets.
The CCPA held that charging LPG or fuel surcharges separately is an unfair trade practice. Such costs must be included in menu prices, and separate recovery from consumers is not permitted.
SEBI introduced a verified badge on Google Play to help investors identify genuine trading apps. The move aims to prevent fraud caused by impersonation of legitimate platforms.
SEBI has clarified that members of the Institute of Cost Accountants of India are now eligible to conduct annual compliance audits of Research Analysts. This expansion strengthens regulatory compliance while increasing the pool of qualified professionals.
Company failed to respond to show cause and hearing notices issued by the ROC. The authority proceeded ex-parte and imposed penalties. The ruling highlights that non-participation does not prevent enforcement action.
