From Assessment year 2024-25 Individual and HUF have automatically covered under New Tax Regime and if want then they can change their preferences from New to old regime.
Article contains provision about validity period of e-way bill under CGST Act, 2017 and judgements of various high courts given on expired e-way bill.
Understand what determines an individuals residential status under FEMA & Income Tax with relevant Indian laws & regulations. Discover NRIs significant contribution to Indian economy, inward remittances & transfer of technology.
Section 185 of the Companies Act is like a rule book that tells grown-ups who run big lemonade stands (called companies) what they need to do if they want to lend money or give money to help another company.
As per the new section 50AA, the full value of the consideration received or accruing from the transfer, redemption, or maturity of a Market Linked Debenture will be deemed to be the capital gains arising from the transfer of a short-term capital asset.
Understand composite & mixed supplies in Section 8 of CGST Act. Learn the difference & tax implications of each. Highest rate of tax applies in mixed supply cases.
Sections 128-129 of the Act deal with punishment for fraud in companies and the manner in which investigations of such fraud are conducted.
Section 36 of Companies Act deals with criminal liability of companies for fraudulently inducing persons to invest money, while Section 447 relates to punishment for fraud.
HC held that, there is no malice or lack of jurisdiction of Revenue Department to initiate proceedings and passing the order for confiscation of gold and levy of penalty, as discrepancy in quantity mentioned in documents and quantity recovered was sufficient reason for Revenue Department to suspect GST evasion.
Greenwashing is a marketing tactic used to mislead consumers into believing that products are environmentally friendly. In India, greenwashing is becoming increasingly prevalent. Learn about the Indian regulatory context of greenwashing here.
