GST introduces Invoice Management System (IMS) from October 2024, enabling taxpayers to manage and rectify invoices for accurate Input Tax Credit (ITC).
Clarifications on implicating Customs Brokers as co-noticee in interpretative disputes. Emphasizes abetment and compliance with CBLR, 2018. Issued 03-09-2024.
The Institute of Chartered Accountants of India (ICAI) has announced the key dates for the upcoming elections to its Council and Regional Councils. The last date for receiving nominations is September 25, 2024, by 6:00 PM. Scrutiny of nominations will occur from October 1 to October 10, 2024, in New Delhi, with the last date […]
Registrar of Companies imposes penalties on an auditor for violating Section 140(2) of the Companies Act, 2013. Learn about the case, penalties, and compliance details.
Registrar of Companies imposes penalties on Shri Ram Nidhi Limited and directors for violating Section 39(4) of the Companies Act, 2013. Learn about the case.
New GST advisory reduces threshold for reporting inter-state supplies to unregistered dealers from ₹2.5 lakh to ₹1 lakh in GSTR-1 and GSTR-5.
Govt of India updates SCOMET Appendix 3 in ITC (HS) for 2024. New regulations effective 30 days from September 2, 2024, available on DGFT portal.
RBI withdraws several outdated circulars from 1987-2011, replacing them with updated guidelines on credit facilities, banking services, and microcredit regulations.
SEBI study reveals 54% of IPO shares (excluding anchor investors) are sold within a week. Key findings include “flipping” behavior and trends post-COVID.
Adjudication order penalizing auditor Shri Amresh Kumar for non-compliance in audit reports of PPS Export & Import Pvt Ltd under Section 143 of the Companies Act, 2013.
