Latest Articles
Granting of hearing opportunity is mandatory under Section 75(4) before passing of adverse order
Goods and Services Tax : Karnataka HC ruled that under Section 75(4) of CGST Act, a hearing opportunity must be granted before passing an adverse order. Ba...
Donation to Political Parties: Legal Framework & Tax Implications
Income Tax : Understand the legal framework and tax implications of political donations in India, including key sections like 80GGB, 80GGC, and...
GST Provision for Invoice & credit notes related to sale of under construction flat/shop
Goods and Services Tax : Understand GST provisions for invoices and credit notes in the sale of under-construction flats/shops, including time limits, e-in...
Difference between MSME and Start up
Corporate Law : Learn the criteria for DPIIT startup recognition, including company age, turnover limits, and eligibility differences from MSMEs....
Taxability of loans granted between related persons or between group companies
Goods and Services Tax : In the recent times, GST Department by exercising the powers bestowed on them by way of Section 65 of the CGST Act 2017, has been ...
Latest News
CBIC invites Suggestions on Additional Import/Export Declarations for Synthetic Diamonds
Custom Duty : Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identificatio...
Live Course on Grow Your IDT Practice & Preparation for GSTAT (GST Tribunal)
Goods and Services Tax : Join our webinars on GST Tribunals preparation. Learn to grow your IDT practice and prepare for GSTAT with expert guidance. Regist...
Latest Case Law Related to IBC – April to June 2023
Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...
IFSCA Regulations 2024: Book-keeping, Accounting, Taxation & Financial Crime Compliance – FAQs
Finance : New IFSC regulations effective June 6, 2024, govern bookkeeping, accounting, taxation, and financial crime compliance services, im...
बार काउंसिल ऑफ उत्तर प्रदेश में नए अधिवक्ता पंजीकरण के आवेदन की प्रक्रिया प्रारंभ हुई।
Corporate Law : उत्तर प्रदेश बार काउंसिल ने नए अधिवक्ताओं के पंज�...
Latest Judiciary
Appeal should be heard despite delay in filing when adjudicating authority passed order without granting opportunity of being heard
Goods and Services Tax : Madras HC sets aside dismissal of GST appeal for delay, remands case to the appellate authority for fresh consideration despite th...
HC grants interim protection when login credentials & GST number misused to avail of ITC
Goods and Services Tax : Delhi HC grants interim protection to a petitioner alleging misuse of GST credentials for ITC claims, pending further investigatio...
Application u/s. 95 of I&B Code dismissed as demand notice not served on correct address: NCLT Amravati
Corporate Law : NCLT Amravati held that application filed by SBI (creditor) u/s. 95 of the Insolvency and Bankruptcy Code, 2016 for initiation of ...
Amount quantified before 30th June 2019 eligible for benefit under SVLDRS: Bombay HC
Goods and Services Tax : Bombay High Court held that amount payable has been quantified before 30th June 2019 and hence eligible to avail benefit under Sab...
Settlement commission offering immunity by accepting explanation in spirit of settlement cannot be faulted: Karnataka HC
Income Tax : Karnataka High Court held that settlement commission, accepting additional income offered as reasonable and giving immunity from p...
Latest Notifications
Delay in filing of e-Form MGT-6: MCA imposes Penalty of ₹13 Lakh
Company Law : RGPL Commodities Pvt Ltd faces penalties under Section 89(6) of the Companies Act, 2013 for delayed filing of e-Form MGT-6. Total ...
520 days delay in filing BEN-2 form: MCA imposes Penalty
Company Law : GM Elektra Pvt Ltd fined ₹1,88,500 by ROC Mumbai for delayed filing of BEN-2 under Section 90 of the Companies Act, 2013. Direct...
Company Caried on business not mentioned in MOA: MCA imposes Penalty
Company Law : Registrar of Companies penalizes Paramount Dye Tec Limited for not disclosing trading activity in its MOA, violating Section 4(1)(...
Non-passing of Special Resolution before raising loan: MCA Imposes Penalty
Company Law : Penalty imposed on Singodwala Warehousing for non-compliance with Section 62(3) of Companies Act. Fine details and appeal process ...
Significant Beneficial Owner Rules Violation: MCA imposes Penalty
Company Law : MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer's...
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FAQs
Understand DICGCs role in insuring bank deposits up to ₹5 lakh. Learn about compliance requirements, premium calculations, and penalties for non-compliance.
New IFSC regulations effective June 6, 2024, govern bookkeeping, accounting, taxation, and financial crime compliance services, impacting registration and operations.
We’ve just wrapped up the non-audit tax filing season, and now we’re entering the critical and often confusing period of Tax Audits. Why do I call it confusing? Despite over several years of writing about Tax Audits, including numerous articles and full-length books, I still receive the queries around the applicability of tax audit in […]
Overview of Income Tax rates, deductions, surcharges, and cess for individuals, companies, and cooperative societies under the Finance Bill (Budget) 2024 in India.
Learn what GSTR-1A is, who should file it, key features, and its impact on GSTR-2B and GSTR-3B. Understand the filing process and consequences of errors.