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Is a Power Purchase Agreement a Lease Under Ind AS 116?

November 2, 2024 3741 Views 0 comment Print

Explore if Power Purchase Agreements qualify as leases under Ind AS 116 and their implications on financial reporting and asset classification.

New RCM Time of Supply Rules Effective from 1st November 2024

November 2, 2024 55131 Views 6 comments Print

Starting November 1, 2024, self-invoicing is mandatory for RCM transactions. Delays in issuance may lead to loss of ITC and penalties under the CGST Act.

क्या सरकार सार्वजनिक कार्य के लिए निजी संपत्ति ले सकती है?

November 2, 2024 2202 Views 0 comment Print

सुप्रीम कोर्ट की नौ जजों की बेंच जल्द ही फैसला सुनाएगी कि क्या सरकार निजी संपत्ति का अधिग्रहण सार्वजनिक कार्यों के लिए कर सकती है, जिससे दशकों पुराना विवाद हल हो सकता है।

IGST रिफंड पर नियम 96(10) मनमाना और अवैध: केरल हाईकोर्ट

November 2, 2024 6363 Views 0 comment Print

केरल हाईकोर्ट ने IGST अधिनियम की धारा 16 के विपरीत पाते हुए CGST नियम 96(10) को निर्यात रिफंड पर रोक लगाने के लिए असंवैधानिक और अवैध घोषित किया।

GST Amnesty Scheme 128A: No Interest, Penalty for FY 2017-18 to 2019-20

November 2, 2024 9441 Views 0 comment Print

GST Amnesty Scheme 128A offers relief on tax demands from FY 2017-18 to FY 2019-20. Eligible taxpayers can settle dues by March 2025 without penalties or interest.

Impact of the New Income Tax Regime on Salaried Employees

November 2, 2024 236820 Views 2 comments Print

Impact of the New Income Tax Regime on Salaried Employees: Analyzing How the Revised Tax Slabs and Exemptions Affect Salaried Individuals

Madras HC Orders End to Prisoners Forced Labor in Residences of Prison Authorities

November 1, 2024 879 Views 0 comment Print

Madras High Court directs prison authorities to stop engaging prisoners in household work at staff residences, ensuring their rights are upheld.

Why Understanding the Economic Calendar is Essential for Forex Traders

November 1, 2024 759 Views 0 comment Print

Forex traders are always exposed to high stakes, with the prices changing in response to the various global events, economic indicators, and policy changes that might affect currency pairs differently.

Composite Supply and Mixed Supply under GST Explained

November 1, 2024 12813 Views 1 comment Print

Understand composite and mixed supply under GST, their definitions, examples, and tax treatment. Learn how GST law classifies these to simplify tax rates.

SCBA Stands In Full Solidarity With Lawyers of Ghaziabad District Bar

November 1, 2024 771 Views 0 comment Print

SCBA demands strong action after police lathicharge on Ghaziabad lawyers at judge’s behest, highlighting need for reform and accountability in judiciary-police relations.

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