Learn how the Bombay High Court ruled on Al Jamia Mohammediyah Education Society vs. CIT regarding trust management's delay in filing returns due to auditor error. The post Form 10B Filing d… Read More

SEBI eases business regulations by amending contract note requirements. Explore the impact on stock exchanges and investors. Stay informed with SEBI updates. The post SEBI Circular: Contract… Read More

Delve into the detailed analysis of the ITAT Jabalpur's decision in the case of Kalyanika Infra Mega Ventures Pvt. Ltd. Vs Dy.C.I.T., exploring the implications of the judgment. The post Key… Read More

Bombay High Court ruling favors Tata Steel, allowing its Rs. 212.52 crores contribution to Compensatory Afforestation Fund as revenue expenditure, dismissing IT department's appeal. The post… Read More

Explore MahaRERA's proactive approach to quality assurance in real estate, focusing on prevention and rigorous standards. Submit your views on the draft regulation now. The post MahaRERA inv… Read More

Explore Notification No. 41/2024-Income Tax regarding Kerala Autorickshaw Welfare Fund Scheme, Kollam. Analysis, impact, and implications explained here The post Section 10(46) Notification:… Read More

Attention CSEET Candidates! Get your Admit Card for the Company Secretary Executive Entrance Test scheduled on May 4th, 2024. Download instructions available here The post CSEET Admit Card 2… Read More

CESTAT Kolkata allows benefit of Notification No.25/1999-Cus as amended by Notification No.26/2002-Cus, which exempts Basic Customs Duty on imported Zinc Oxide which has been used in manufac… Read More

Surinder Kumar Garg vs Union of India Revenue Secretary - Detailed analysis of Delhi High Court judgment setting aside GST order denying Input Tax Credit (ITC) claim. The post GST Order Not… Read More

Learn about the Kerala High Court's landmark judgment authorizing courts to modify child custody orders based on changing circumstances and the welfare of the child. Detailed analysis provid… Read More

Balu Jayaraman vs Assistant Commissioner (ST): Madras HC permits filing of statutory appeal challenging penalty imposition after full GST and interest liability discharge. The post Madras HC… Read More

Dive into the case of Hindustan Aeronautics Limited vs Commissioner of Central Excise (CESTAT Kolkata) regarding service tax demands. Detailed analysis and conclusion provided. The post Mere… Read More

Read the full text of the judgment/order of Orissa High Court in the case of Surjit Kumar Dhal vs State of Odisha (EOW). Senior journalist accused of duping Rs.1 crore for approvals. The pos… Read More

Explore the CESTAT Ahmedabad ruling on Bright Performance Nutrition's IGST dispute with customs. Detailed analysis of classification and IGST rate implications. The post 18% IGST on Nutritio… Read More

Analysis of Nano Hospitals Pvt Ltd vs Commissioner of Customs case by CESTAT Hyderabad, stating imported medical devices with 5+ years life aren't hazardous waste. The post Imported Second-H… Read More

Article explains effective tax planning strategies to maximize returns and minimize liabilities. Know about Income Tax deductions, credits, and investment options to optimize your tax positi… Read More

Article explains complexities of sending goods for job work and filing Form GST ITC-04. Know relevance, filing requirements, potential issues, and tips to ensure compliance. The post Comple… Read More

Explore the implications of Goods and Services Tax (GST) in 2024 on the Indian economy, companies, and consumers. Discover the streamlined tax structure, boost to economic growth, challenges… Read More

Article explains meaning, structure, and recent amendments in Goods and Services Tax (GST) and its implications for businesses, consumers, and economy. The post Goods and Services Tax: Meani… Read More

Explore how Tax Deduction at Source (TDS) acts as a powerful tool to combat tax evasion and streamline tax administration, enhancing accountability and transparency. The post Role of TDS in… Read More

Explore the history, impact, and future of Goods and Services Tax (GST) in India, a transformative tax reform that simplified taxation, streamlined compliance, and spurred economic growth. T… Read More

Master Direction consolidates the existing regulatory guidelines issued to ARCs vide Master Circular on ARCs and Master Direction - Fit and Proper Criteria for Sponsors - Asset Reconstructio… Read More

RBI cautions against unauthorised forex trading, urges vigilance among banks. Learn about the circular, regulations, and measures to prevent misuse. The post Unauthorised Forex Trading Alert… Read More

Discover the latest update from ICAI regarding changes in exam frequency and registration deadlines for Foundation and Intermediate courses. The post Cut-off date for enrollment in CA Founda… Read More

Explore the launch of futures and options contracts on the Nifty Next 50 Index by NSE, offering diverse opportunities for investors. Discover the index's composition, trading volumes, and it… Read More

Explore the intricate landscape of predatory pricing in e-commerce, its impact on competition, and the regulatory challenges it poses. Discover how competition law navigates this complex ter… Read More

Discover DIGIVILL Fin. - Your go-to platform for Indian government schemes and ID cards. Get accurate info, save time, and plan your financial future today! The post A Complete Guide to DIGI… Read More

The deliberate entry of Indian businesses into the US market provides them with several benefits in the current global economy, enabling them to achieve unmatched success and growth. The pos… Read More

Assessment order under 1961 Act quashed by Delhi ITAT due to lack of application of mind in approving 153D, rendering the assessment void. The post Section 153D approval without application… Read More

Unsigned orders uploaded on the GST portal are non-est, as confirmed by court rulings. Understand the legal implications and consequences in this comprehensive article. The post Unsigned ord… Read More

Explore the intersection of cultural heritage and intellectual property rights (IPR), focusing on preservation, repatriation effects, and legal frameworks. The post Cultural Heritage and Int… Read More

Clarifications by BSE on SEBI Circular regarding ease of doing business and corporate bond market development. Details on disclosure requirements for listed entities. The post Clarification… Read More

Learn how to apply for APEDA Registration and obtain RCMC (Registration-cum-Membership Certificate) for exporting scheduled food products. Simplified process and benefits explained. The post… Read More

Learn about GST for commission agents and brokers with this simplified guide. Understand registration, invoicing, supply rules, GST rates, and compliance requirements. The post A simplified… Read More

Explore the ruling by CAAR Mumbai on importing lab-grown rough diamonds, including questions on manufacturing, exports, and customs duties. The post Advance ruling application may be withdra… Read More

FADA presents a case under section 119(2)(b) of the Income-tax Act, seeking relief for linking Aadhaar with PAN for automobile dealerships, detailing challenges and solutions. The post FADA… Read More

Understand taxation on online gaming: Learn about TDS, net winnings calculation, & rules for withdrawals. Complete guide for gamers & platforms. The post Taxation On Online Gaming ap… Read More

Reserve Bank of India orders Kotak Mahindra Bank to halt new customer onboarding and credit card issuance due to IT deficiencies. Analysis & implications here The post RBI Bars Kotak Ban… Read More

Explore the practical problems faced in the implementation of hybrid hearings in upper judiciary, hindering the seamless dispensation of justice. Insights from a seasoned practitioner shed l… Read More

Learn about the meaning of slump sale, its framework under the Income Tax Act 1961, constituents of a valid slump sale, and tax implications including direct and indirect taxes The post Unde… Read More

Explore the provisions for arrest and bail under GST law, including conditions precedent, legal terms, procedural guidelines, and judicial interpretations. Understand when arrest can be made… Read More

Discover the benefits of OPC registration in India and learn the step-by-step process. Limited liability, perpetual existence, and easy fund-raising are among the advantages. The post One Pe… Read More

Welcome to the GST Case Law Compendium – April 2024 Edition, a comprehensive overview of recent legal decisions shaping the landscape of Goods and Services Tax (GST) in India. In this… Read More

Explore how tax-related challenges hinder the Insolvency and Bankruptcy Code's effectiveness. Learn about unresolved tax burdens, first charge privileges, and needed income tax reforms The p… Read More

Madras High Court sets aside an order due to disregard of petitioner's reply & documents. Detailed analysis & conclusion provided. Learn more. The post Order Unsustainable if Petiti… Read More

Explore the features and objectives of the Income Tax Act, 1961 in India. Understand its comprehensive laws, objectives, and significance in taxation. The post Income Tax Act 1961: Features… Read More

Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes operative by linking with Aadhar. Details & implications. Th… Read More

Explore the complexities of data privacy in Artificial Intelligence (AI) and delve into innovative privacy-enhancing technologies (PETs) for safeguarding personal data. The post Navigating T… Read More

Delhi High Court issues notice to decide if providing a corporate guarantee by a holding company to a subsidiary is taxable under CGST Act. Learn more about Sterlite Power Transmission Ltd… Read More

Read about the Bombay High Court's decision in Prasanna Kumar Shetty v. State of Maharashtra, where recovery proceedings against a former director were challenged. Learn the implications and… Read More

Explore the latest SEBI circular on cross margin benefits for offsetting positions with different expiry dates, impacting stock exchanges and clearing corporations. The post Cross Margin ben… Read More

Explore the notification under section 80G(2)(b) of the Income Tax Act 1961 for Shree Ramanuj Kot Trust in Indore. Details of validity and implications provided. The post Notification under… Read More

Stay updated with RBI's latest amendments to Foreign Exchange Management regulations in 2024. Learn about mode of payment, reporting, and more. The post Foreign Exchange Management (Mode of… Read More

Explore the latest RBI notification on Foreign Exchange Management Act amendment, allowing foreign currency accounts by Indian residents. The post Foreign Exchange Management (Foreign Curren… Read More

Dive into the International Financial Services Centres Authority (Payment Services) Regulations, 2024, exploring definitions, authorisation requirements, governance, and risk management. The… Read More

In March 2024, India witnesses second-highest GST revenue collection at ₹1.78 lakh crore, marking an 11.5% year-on-year growth. Detailed analysis and trends. The post GST Council Newsl… Read More

Explore the complexities of fiscal federalism in India, focusing on central tax distribution. Understand the challenges, delve into the role of the Finance Commission, and discover potential… Read More

The court set aside the impugned order, granting the petitioner another opportunity. The petitioner agreed to remit 10% of the disputed tax demand for all heads except turnover rec… Read More

Understand implications of extension of GST Compensation Cess period till 2026 and its impact on state revenues. Analyze distribution disparities and proposed solutions. The post GST Compens… Read More

Confused about whether to opt for the new or old income tax regime? Understand the differences, implications, and how to choose the right one for you in this detailed comparison. The post In… Read More

Explore the evolution of green taxation, its types, impact, and challenges. Discover how countries like India are reshaping policies for a sustainable future. The post Green Taxation: Changi… Read More

Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down intricacies of Section 43B(h) The post Live Webinar with Boo… Read More

This research paper delves into the intersection of intellectual property rights (IPR) and cybersecurity in the Indian context. With the rapid digitization of various industries and the grow… Read More

Learn about the Indian Succession Act of 1925, its provisions, and the importance of preparing and executing wills. Explore the requirements, types of wills, execution process, and the role… Read More

Learn about House Rent Allowance (HRA) exemptions and how they affect tax savings. Understand the rules, calculations, and potential benefits for salaried employees. The post House Rent Allo… Read More

Discover the UAE flood situation and the use of artificial rain to combat drought. Understand the implications of manipulating weather systems and its impact on the economy. The post UAE&rsq&hell…Read More

Explore the evolution of corporate insolvency laws pre and post the pandemic. Learn about the challenges faced, judicial interpretations, and the special framework for MSMEs. The post Effect… Read More

Under Instruction No. 09/2024-Customs, learn about the extension period for Ortho-phosphoric Acid exempted from BIS Standard IS 798:2020. Details & analysis The post Customs Instruction… Read More

Read RBIs latest circular allowing Small Finance Banks to deal in rupee interest rate derivatives for hedging risks. Immediate effect. The post RBI Circular: Small Finance Banks Allowed Rupe… Read More

The capital market has witnessed a tumultuous journey over the past fourteen years, marked by significant global events and economic shifts. From the pre-GFC peak to the recent Iran attacks… Read More

Grounds of Appeal related to the penalty imposed u/s 271(1)(c) of the Act , 1961 AY 2015-16 1. In the facts and circumstances of the case the Ld. Jurisdictional AO is not justified in imposi… Read More

Analysis of the Draft Digital Competition Bill focusing on ex ante regulations & obligations, aimed at ensuring fair competition & consumer protection in digital markets. The post An… Read More

Discover differences between government and public limited companies, their ownership structures, regulations, and reporting requirements in this informative blog post. The post Understand t… Read More

Explore the necessity of issuing notices under Section 263 post the Faceless Assessment Scheme introduction. Analyze the schemes efficacy in curbing shortcomings. The post Whether Issuance o… Read More

Delve into the intricate details of the Karvy Demat Scam, from its genesis to repercussions. Explore the role of regulators, auditors, and preventive measures. The post Karvy Demat Scam appe… Read More

Kerala High Court ruling deems notice demanding late fees on GSTR-9C filed pre-GST Amnesty Scheme unjust. Full text analysis provided. The post Late fees for belated GSTR 9C cannot be levied… Read More

Delhi High Court directs Canara Bank to comply with instructions to vacate attachment on the cash credit account of the petitioner under the GST Act. Read the full judgment here. The post De… Read More

Kerala High Court nullifies Income Tax assessment order for 2016-17 after petitioner couldn't attend video conferencing due to technical issue. Full judgment analysis. The post HC Sets Aside… Read More

Lovy International challenged rejection of Drawback to ROSCTL conversion. CESTAT Delhi ruled CBEC Circular time limit invalid. Detailed analysis here. The post Drawback & ROSCTL Benefit… Read More

In a landmark ruling, the Gujarat High Court clarifies Rule 108 of CGST, emphasizing that the period of limitation applies only to manually passed orders, not those uploaded on the common po… Read More

A sole proprietorship can be defined as a business run by a single person. A One-Person Company (OPC) can be described as a business with a single shareholder as the member. When you convert… Read More

In the world of investing, understanding market sentiment is crucial for making informed decisions. Investors often rely on various indicators and patterns to gauge the mood of the market. T… Read More

Delve into the intricacies of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in the travel sector. Learn about their implications and applicability to ensure tax compliance… Read More

Ashwini Kumar Upadhyay Vs. Union of India (Supreme Court of India) Supreme court rejected the admission of the PIL “to set up an expert committee” for assessing the feasibility o… Read More

Understand the eligibility of Input Tax Credit (ITC) on gratuity insurance for employees mandated by the Govt. of Karnataka. Legal nuances, implications, and analysis discussed here. The pos… Read More

Explore comprehensive approaches to combat digital piracy & enforce copyright laws, including legal, technological, educational strategies, & international cooperation. The post Digi… Read More

Discover the significant amendments in Income Tax regulations by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes through Notification No. 39/2024. The post Noti… Read More

Discover India's recent triumphs in customs, from WCO leadership to trade facilitation measures, showcasing its global standing and commitment. The post India’s Customs Achievements: W… Read More

Analysis of Ashok Kumar Gulla vs State Bank of India case on payment of liquidator fees under Regulation 4(2)(b) of Liquidation Process Regulations by NCLAT Delhi. The post Liquidator Fees u… Read More

Bombay High Court condemns the issuance of SVLDRS Form 3, directs issuance of Form 2, affirms petitioner's right to a personal hearing. Read the full judgment here. The post Direct Issuance… Read More

Dive into the NCLAT judgment on the implications for homebuyers under RERA, analyzing Section 7(1) of the IBC and the distinction between allottees and decree holders. The post Homebuyers, R… Read More

The impugned order detailed the efforts made by the revenue authority to provide the necessary documents and opportunities for cross-examination. It concluded that the appellant's delay in c… Read More

Explore the ITAT Delhi ruling on deletion of additions based on manual cash books in Section 153A assessments. The post ITAT deletes Addition which were based on Manual Cash Books in Sectio… Read More

Explore the Rajasthan High Court's judgment on delayed ITR filing, emphasizing the necessity of 'mens rea' for offense establishment. Full analysis provided. The post No section 276CC prosec… Read More

Learn how Enayetpur S K U S Ltd secured Section 80P(2)(i) benefits for providing credit facilities for non-agricultural purposes to members according to ITAT Kolkata's ruling. The post ITAT… Read More

In the past few years, Share market has given tremendous return to its investors and traders if they have invested their hard earned money with some logics. Many of them have earned profits… Read More

Read about landmark judgment by Bombay High Court in Shantanu Sanjay Hundekari v. Union of India and Ors, where a penalty demand of Rs. 3731 Crore was overturned. Learn implications for empl… Read More

Explore transformative impact of Goods and Services Tax (GST) in India. Learn about its implementation, types, advantages, and socio-legal effects. The post India’s GST: Objectives, Ty… Read More

Discover how to obtain and maintain dormant company status under the Companies Act 2013. Learn about eligibility criteria, required forms, compliance, and the process to revive an inactive c… Read More

Abstract :- The paper dually illuminates development of the regulatory framework with the effect of judicial decisions on Fintech regulation. Additionally, it examines the legal aspects conc… Read More