2023-11-21 10:07
Notification No. 54/2023-Central Tax, Dated … Continue reading "Biometric-based Aadhaar Authentication & Risk-based Physical Verification Introduced in Andhra Pradesh"
The post Bi… Read More
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2023-11-21 10:07
Case Details: Association of Technical … Continue reading "Circular Issued by TRU is Set Aside as Power to Issue Instructions or Directions to Central Tax Officers is Vested Exclusive… Read More
2023-11-21 10:07
Case Details: Hire Right Ltd. … Continue reading "Providing Report on Background Check Couldn’t Qualify as Copyrightable Work; Sum Can’t Be Taxed as Royalty | ITAT"
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2023-11-21 10:07
Case Details: M/S. Ajwa Dry … Continue reading "HC Dismissed Writ Where Assessee Contended that Customs Authority Doesn’t Have Jurisdiction to Assess IGST Exemption on Import"
T… Read More
2023-11-21 10:07
Gopal Nathani – [2023] 156 … Continue reading "[Opinion] Classic Case of Failure to Discharge Obligation u/s 148A in a Proper Manner"
The post [Opinion] Classic Case of Failure… Read More
2023-11-21 10:07
Case Details: Care College of … Continue reading "Inspection Fee and Affiliation Fee Charged by Universities From Colleges is Not Exempt Under GST | HC"
The post Inspection Fee and Af… Read More
2023-11-21 10:07
Para 27 of AS 17, … Continue reading "Significance of Internal Sales in Calculating Turnover for Segment Reporting Criteria"
The post Significance of Internal Sales in Calculating Tur… Read More
2023-11-21 10:06
Case Details: Sobhagaya Media (P.) … Continue reading "No Abuse of Dominance by ‘DEN Networks Ltd.’ Due to Presence of Other Players in the Market of Cable TV Service in U… Read More
2023-11-21 10:06
CS Devanshi Kedia – [2023] … Continue reading "[Opinion] CSR Impact Assessment – Practical Issues and Challenges"
The post [Opinion] CSR Impact Assessment – Practica… Read More
2023-11-21 10:06
Case Details: Hari Babu Thota, … Continue reading "Obtaining of MSME Certificate After CIRP Initiation Bars Promoters of CD to Submit Resolution Plan u/s 29A | NCLAT"
The post Obtaini… Read More
2023-06-08 08:39
Case Details: Amrinder Singh v. … Continue reading "HC Grants Bail to Accused of Creating Fake Firms to Pass on Fraudulent ITC"
The post HC Grants Bail to Accused of Creating Fake Fir… Read More
2023-06-08 08:39
Case Details: Sesame Workshop Initiatives … Continue reading "Interest is Payable for Excessive Refund Delay even if Statutory Provision is not Available: HC"
The post Interest is Pay… Read More
2023-06-08 08:38
Circular No. RBI/2023-24/36 A. P. … Continue reading "RBI Allows AD Cat-I Banks in IFSC to Offer ‘Non-Deliverable Derivative Contracts’ in INR"
The post RBI Allows AD Cat… Read More
2023-06-08 08:38
Background In India, airline companies … Continue reading "[Opinion] NCLAT Gives a Go Signal to the Go Airlines Insolvency Application"
The post [Opinion] NCLAT Gives a Go Signal to t… Read More
2023-06-08 08:38
Case Details: Deputy Commissioner of … Continue reading "Income-tax Proceedings Halted if the Petition as Corporate Debtor Admitted under IBC: ITAT"
The post Income-tax Proceedings Ha… Read More
2023-06-08 08:38
Case Details: Zafar Younus Sareshwala … Continue reading "SEBI’s Order for a Public Offer & Non-compliances, Led to Further Directions with no Interference Grounds: SC"
The… Read More
2023-06-08 08:38
CA Mukesh Kohli – [2023] … Continue reading "[Opinion] Whether Section 50C Applicable while Computing Capital Gains on Transfer of Leased Hold Rights in Land?"
The post [Opinion… Read More
2023-06-07 07:37
Case Details: Authority for Advance … Continue reading "Supply of Aircraft Type Rating Training Services to Commercial Pilots is not GST Exempt: AAR"
The post Supply of Aircraft Type… Read More
2023-06-07 07:37
Case Details: Star India Private … Continue reading "ITAT SB Members Benchmark ‘Bundle of Sports Broadcasting Rights’ with ‘Other Method’"
The post ITAT SB Mem… Read More
2023-06-07 07:37
Case Details: Indra Marshal Power … Continue reading "HC Dismissal of Winding-up Plea Transfer to AA Quashed Due to Non-service of Sec. 8 Notice: NCLAT"
The post HC Dismissal of Windi… Read More
2023-06-07 07:37
Jaya Krishna Kapoor – [2023] … Continue reading "[Opinion] Indirect Transfers – A Circumlocutory Concept"
The post [Opinion] Indirect Transfers – A Circumlocutory… Read More
2023-06-07 07:37
Verification of capital is an … Continue reading "[Illustrative Checklist] for Verification of Capital to be Followed by the Auditor | Part-1"
The post [Illustrative Checklist] for Ve… Read More
2023-06-07 07:37
Notification No. S.O. 2436(E), Dated … Continue reading "Govt. Designates Additional Session Judge-03, Dwarka as a Special Court"
The post Govt. Designates Additional Session Judge-03… Read More
2023-06-07 07:37
Case Details: Authority for Advance … Continue reading "Margin Scheme Benefit not Available for Melting Old Gold Jewellery into Irregular Gold Shapes: AAR"
The post Margin Scheme Bene… Read More
2023-06-06 07:37
CA Sombir Singh – [2023] … Continue reading "[Opinion] Analysis of the Concept of Permanent Establishment"
The post [Opinion] Analysis of the Concept of Permanent Establishment… Read More
2023-06-06 07:37
Table of Contents Backdrop Definition … Continue reading "New Definition & Classification of Micro, Small and Medium Enterprises (MSMEs)"
The post New Definition & Classificat… Read More
2023-06-06 07:37
Case Details: Delhivery Limited v. … Continue reading "Order Passed Against Driver of Vehicle not Prejudicial to Consigner/Consignee Rights to Appeal: HC"
The post Order Passed Agains… Read More
2023-06-06 07:37
Case Details: State Bank of … Continue reading "Corporate Guarantor’s Plea that CIRP Plea was Rejected as its Liability Stems from Borrower’s Default"
The post Corporate G… Read More
2023-06-06 07:37
Case Details: Concord Tieup (P.) … Continue reading "Adjudication Order Passed Without Affording Personal Hearing to Petitioner to be Set Aside: HC"
The post Adjudication Order Passed… Read More
2023-06-06 07:37
Case Details: BLP Vayu (Project-1) … Continue reading "No Sec. 263 Revision for Sec. 56(2)(viib) on Holding-subsidiary Transactions: ITAT"
The post No Sec. 263 Revision for Sec. 56(2)… Read More
2023-06-06 07:37
SA 560 deals with the … Continue reading "FAQ on SA 560 – Subsequent Events | Part 1"
The post FAQ on SA 560 – Subsequent Events | Part 1 appeared first on Taxmann Blog.
D… Read More
2023-06-06 07:37
1. Introduction In early 2023, … Continue reading "[Opinion] SEBI Initiates ‘Roll-Over’ of Tail End AIF Assets | A Fresh Start for Aging Funds?"
The post [Opinion] SEBI In… Read More
2023-06-05 09:40
Notification No. G.S.R. 408(E), Dated: … Continue reading "MCA Notifies March 31, 2024 as the Due Date for Filing Form CSR-2 for FY 2022-23"
The post MCA Notifies March 31, 2024 as th… Read More
2023-06-05 09:40
Case Details: Indian Institute of … Continue reading "Provisional Approval Granted u/s 10(23C) isn’t Equivalent to Grant of Registration for Purpose of Sec. 11(7): ITAT"
The pos… Read More
2023-06-05 09:40
Press Release: 2023-2024/328; Dated: 02.06.2023 … Continue reading "RBI invites comments on draft directions on ‘Cyber Resilience & Digital Payment Security Controls’"… Read More
2023-06-05 09:40
Circular No. 07/2023, dated 31-05-2023 … Continue reading "CBDT Revises Monetary Limits to Decide Condonation Requests in Refund Claims & Carry Forward Losses"
The post CBDT Revis… Read More
2023-06-05 09:40
Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/83; Dated: 02.06.2023 … Continue reading "SEBI Mandates Stock Brokers to Undertake a Minimum 10% of Secondary Market Trades via &lsqu&hell…Read More
2023-06-05 09:40
Case Details: Sunil Kumar Agrawal … Continue reading "AA’s Order Allowing Lessor’s Recovery from RP During Moratorium Deemed Illegal & Set Aside u/s 14(1)(d)"
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2023-06-05 09:40
Case Details: Rathod Enterprise v. … Continue reading "HC Set Aside One Line Cryptic SCN Issued for Cancellation of GST Registration"
The post HC Set Aside One Line Cryptic SCN Issued… Read More
2023-06-05 07:37
Case Details: Sheetal Mittal v. … Continue reading "SC Denied Anticipatory Bail to Accused who was Allegedly Involved in Issuing Fake Invoices"
The post SC Denied Anticipatory Bail to… Read More
2023-06-03 10:38
Case Details: Balaji Electricals v. … Continue reading "SCN which Lacks Essential Details of ITC under Question to be Dismissed: HC"
The post SCN which Lacks Essential Details of ITC… Read More
2023-06-03 10:38
Case Details: Flipkart India (P.) … Continue reading "HC Granted Statutory Benefit of Stay & Directed Petitioner to File Appeal After Tribunal is Formed"
The post HC Granted Statu… Read More
2023-06-03 10:37
Editorial Team – [2023] 151 … Continue reading "[World Tax News] Brief of 7 Decisions Announced by UAE Ahead of the Enactment of ‘Corporate Tax Law’"
The post [World… Read More
2023-06-03 10:37
Case Details: Income-tax Officer v. … Continue reading "Sec. 10(37) Exemption not Denied Solely due to State Goverment Compensation Order: ITAT"
The post Sec. 10(37) Exemption not Den… Read More
2023-06-03 10:37
Prof R Balakrishnan – [2023] … Continue reading "[Opinion] Delay in Transfer of Unspent CSR Funds Results in Penalties for Company & its Directors"
The post [Opinion] Delay… Read More
2023-06-03 10:37
Case Details: Sundaresha & Associates, … Continue reading "NFRA Fines & Debars Audit Firm for not Reporting Auditee as Shell Company for Fund Diversion"
The post NFRA Fines &a&hell…Read More
2023-06-02 12:37
Table of Contents Relevance to … Continue reading "Interplay of GST and Indian Contract Act"
The post Interplay of GST and Indian Contract Act appeared first on Taxmann Blog.
Download… Read More
2023-06-02 10:37
Case Details: Authority for Advance … Continue reading "GST is Applicable to Reimbursed Fuel Charges for Motor Vehicle Hire Services: AAR"
The post GST is Applicable to Reimbursed Fue… Read More
2023-06-02 10:37
Non-current liabilities play a vital … Continue reading "Ind AS Schedule III Checklist | Presentation & Disclosure of Non-Current Liabilities in the Financial Statements"
The post… Read More
2023-06-02 10:37
Press Release dated June 1st, … Continue reading "Rs.1,57,090 Crores Gross GST Revenue Collected in Month of May 2023 | Press Release"
The post Rs.1,57,090 Crores Gross GST Revenue Co… Read More
2023-06-02 09:40
Notification no. 35/2023, dated 31-05-2023 … Continue reading "CBDT Extends Scope of Non-applicability of Sec. 56(2)(x) to Strategic Disinvestment"
The post CBDT Extends Scope of Non… Read More
2023-06-02 09:40
Table of Contents Valuation Rules … Continue reading "Insights of Valuation Provisions under GST"
The post Insights of Valuation Provisions under GST appeared first on Taxmann Blog.
D… Read More
2023-06-02 09:40
Case Details: Sri Srinjoy Bose … Continue reading "No Additions without bringing Fact that Investment in Foreign Assets from Black Money Earned in India: ITAT"
The post No Additions w… Read More
2023-06-02 09:40
Table of Contents Legal Requirements … Continue reading "Demystifying Income Tax Searches and Surveys"
The post Demystifying Income Tax Searches and Surveys appeared first on Taxmann… Read More
2023-06-02 09:39
Press Release no: 2023-2024/314; dated: … Continue reading "RBI Releases Data Relating to ‘Lending and Deposit Rates’ of Scheduled Commercial Banks"
The post RBI Releases… Read More
2023-06-02 09:39
Informal Guidance No. SEBI/HO/CFD/P/OW/2023/22328, Dated: … Continue reading "Top 1000 Listed Entities to Submit ‘Business Responsibility and Sustainability Report’ (BRSR)… Read More
2023-06-02 09:39
Informal Guidance No. SEBI/HO/CFD/P/OW/2023/22380; Dated: … Continue reading "SEBI Clarifies Applicability of ICSI Guidance Note on Exemptions for Related Party Transactions"
The post… Read More
2023-06-02 09:38
Case Details: Anil v. Tata … Continue reading "DRAT’s Order to Maintain Status Quo on Mortgaged Property Ends if Borrower Defaults on Deposit Repayment: SC"
The post DRAT’… Read More
2023-06-01 08:37
G.S.R. 399(E) dated 30-05-2023 The … Continue reading "Sec. 80G Provisional Approval is Effective from the Relevant AY of the Application Year: CBDT"
The post Sec. 80G Provisional App… Read More
2023-06-01 08:37
Prof R Balakrishnan – [2023] … Continue reading "[Opinion] Chairman, MD & WTD Penalised for Failing to Furnish RPT Docs and Contract Registers"
The post [Opinion] Chairman… Read More
2023-06-01 08:37
Case Details: SRI Chitta Ranjan … Continue reading "AO Can’t Make Additions Based on Inflated Stock in the Stock Statement Submitted to the Bank: HC"
The post AO Can’t Mak… Read More
2023-06-01 08:37
GSTN Update dated May 31st, … Continue reading "GSTN Issued Advisory on Filing Annexure V Declaration by GTA Opting for Forward Charge Tax Payment"
The post GSTN Issued Advisory on Fi… Read More
2023-06-01 08:37
Case Details: Knowledge Capital Services … Continue reading "Application for GST Refund can’t be Rejected Without Giving an Opportunity of Hearing to Applicant: HC"
The post App… Read More
2023-06-01 08:37
The Financial Reporting Review Board … Continue reading "FRRB Observations | Key Non-compliances Observed in the Financial Statements of Banks"
The post FRRB Observations | Key Non-co… Read More
2023-06-01 07:38
Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/81, Dated: 30.05.2023 … Continue reading "SEBI Revises Guidelines on ‘Investor Protection Fund’ and ‘Investor Services… Read More
2023-06-01 07:37
Case Details: MVL Ltd. v. … Continue reading "Appellant’s Real Estate Project was a CIS without Specific Unit Number Commitments to Investors"
The post Appellant’s Real Es… Read More
2023-05-31 09:39
Notification No. 33/2023, dated 29-05-2023 … Continue reading "CBDT Notifies e-Appeals Scheme, 2023 | Implements Functioning of JCIT(A)"
The post CBDT Notifies e-Appeals Scheme, 2023… Read More
2023-05-31 09:39
Notification No. 32/2023, dated 29-05-2023 … Continue reading "CBDT Amends Rules 45/46A & Form 35 to Enable Filing of an Appeal Before JCIT(A)"
The post CBDT Amends Rules 45/46A … Read More
2023-05-31 09:39
Case Details: Indian Institute of … Continue reading "Ignorance of Notification Could Not be a Ground for Extending Period of Limitation: HC"
The post Ignorance of Notification Could… Read More
2023-05-31 09:39
Case Details: OHMI Industries Asia … Continue reading "HC Sets Aside Rejected Appeal Assuming Petitioner Sought ITC Refund"
The post HC Sets Aside Rejected Appeal Assuming Petitioner… Read More
2023-05-31 09:39
Table of Contents Background of … Continue reading "GST and Income Tax on Corporate Guarantees | A Deep Dive"
The post GST and Income Tax on Corporate Guarantees | A Deep Dive appeare… Read More
2023-05-31 09:38
Intellectual property laws like the … Continue reading "[Opinion] Abuse of Dominant Position & Intellectual Property | Emerging Competition Law Norms in India"
The post [Opinion]… Read More
2023-05-31 09:38
Case Details: Official Liquidator of … Continue reading "HC Orders Dissolution of Company in Liquidation as Official Liquidator Reported No Funds for Winding Up"
The post HC Orders Di… Read More
2023-05-31 09:38
The audit of Human Resources … Continue reading "Internal Audit | Checklist for Audit of HR & Payroll Processing to be used by Internal Auditor"
The post Internal Audit | Checklis… Read More
2023-05-30 07:38
Rajni Mehla – [2023] 150 … Continue reading "[Opinion] Navigating Inconsistencies in the Treatment of Discounts under GST | Insights & Remedies"
The post [Opinion] Navigatin… Read More
2023-05-30 07:37
Praveen Kashyap & Sarthak Mittal … Continue reading "[Opinion] Navigating the GST Registration Maze for Leasing Co-working Office Spaces in Different States"
The post [Opinion] Na… Read More
2023-05-30 07:37
Prof R Balakrishnan – [2023] … Continue reading "[Opinion] Non-disclosure in Form DIR-12 Leads to Penalties for Company & Directors by RoC"
The post [Opinion] Non-disclosure… Read More
2023-05-30 07:37
CA Motichand Gupta & Balaji … Continue reading "[Opinion] Penalty Provisions for Failure to Deduct & Pay TDS to the Account of Central Govt."
The post [Opinion] Penalty Provis… Read More
2023-05-30 07:37
Case Details: Sanjay Gandhi Memorial … Continue reading "Provisions Related to Transfer of Cases Continue to Exist Despite of Faceless Assessment Scheme: HC"
The post Provisions Relat… Read More
2023-05-30 07:37
Case Details: Vishal Jaiswal v. … Continue reading "No Pre-deposit Needed for Appeal before DRAT if Bank Recovers Full Debt & Surplus via Property Auction"
The post No Pre-deposit… Read More
A RP Approved By CoC With Majority Votes Can’t Extinguish Liabilities Of Personal Guarantors: NCLT
2023-05-30 07:37
Case Details: Naveen Kumar Sood … Continue reading "A RP Approved by CoC with Majority Votes can’t Extinguish Liabilities of Personal Guarantors: NCLT"
The post A RP Approved by… Read More
2023-05-30 07:37
GSTN Update dated 28th May, … Continue reading "GSTN Advisory on Due Date Extension of GST Returns for the State of Manipur"
The post GSTN Advisory on Due Date Extension of GST Return… Read More
2023-05-30 07:37
The Financial Reporting Review Board … Continue reading "Key Non-compliances Observed by FRRB in the Financial Statements of Banks"
The post Key Non-compliances Observed by FRRB in th… Read More
2023-05-29 06:41
Table of Contents Need for … Continue reading "Classification of Goods under Customs and GST Law"
The post Classification of Goods under Customs and GST Law appeared first on Taxmann… Read More
2023-05-29 06:41
Notification F. No. 370142/9/2023, dated … Continue reading "CBDT Releases Draft Rule 11UA incorporating Five New Valuation Methods"
The post CBDT Releases Draft Rule 11UA incorporati… Read More
2023-05-29 06:41
Table of Contents An Overview … Continue reading "Alternative Tax Regime & TDS/TCS Amendments by the Finance Act 2023"
The post Alternative Tax Regime & TDS/TCS Amendments by… Read More
2023-05-29 06:41
Instruction No. 02/2023-GST dated 26th … Continue reading "CBIC Issues Standard Operating Procedure (SOP) for Scrutiny of Returns for FY 2019-20 onwards"
The post CBIC Issues Standard… Read More
2023-05-29 06:41
Jigar Doshi & Sunil Kumar … Continue reading "[Opinion] About International Financial Service Centre & Benefits under Indirect Tax"
The post [Opinion] About International Fina… Read More
2023-05-29 06:40
Parth Ved – [2023] 150 … Continue reading "[Opinion] International Financial Services Centres from a Corporate Law Perspective"
The post [Opinion] International Financial Servic… Read More
2023-05-29 06:39
Case Details: Chandra Prakash Khandelwal … Continue reading "HC Grants Bail to Petitioner in Money Laundering Case Due to no Evidence Tampering Allegations"
The post HC Grants Bail to… Read More
2023-05-29 06:39
Notification No. IFSCA/2020-21/NSE-IFSC/262, Dated: 24.05.2023 … Continue reading "IFSCA Grants Renewal of Recognition to ‘NSE IFSC Limited’ for a Period of 1 Year"
The po… Read More
2023-05-29 06:37
The objective of AS 24, … Continue reading "[Illustrative Checklist] Disclosure Requirements under AS 24 | Discontinuing Operations"
The post [Illustrative Checklist] Disclosure Requi… Read More
2023-05-27 07:39
Ankur Goel & Mansi Goel … Continue reading "[Opinion] GST on Intermediary Services | Clarity in Waiting"
The post [Opinion] GST on Intermediary Services | Clarity in Waiting appea… Read More
2023-05-27 07:39
Case Details: Nitesh Jain Mangal … Continue reading "Provisional Attachment Order Can’t be Continued if SCN Issued After 3 Years from Date of Inspection: HC"
The post Provisiona… Read More
2023-05-27 07:38
Case Details: Prasanth Nandanuru v. … Continue reading "Salary Received by NRI Outside India not Taxable Just Because it is Credited in Indian Bank a/c: ITAT"
The post Salary Received… Read More
2023-05-27 07:38
Table of Contents Foreign Trade … Continue reading "Foreign Trade Policy (FTP) 2023 – An Overview"
The post Foreign Trade Policy (FTP) 2023 – An Overview appeared first on… Read More
2023-05-27 07:38
World Tax News provides a … Continue reading "[World Tax News] UAE Announces Three New Cabinet Decisions on Corporate Tax Law"
The post [World Tax News] UAE Announces Three New Cabine… Read More
2023-05-27 07:38
Case Details: Yaddala Kriashnaveni v. … Continue reading "HC Can’t Entertain Writ as Petitioner had an Alternative Remedy under SARFAESI Act"
The post HC Can’t Entertain W… Read More
2023-05-27 07:38
The presentation and disclosure of … Continue reading "Ind AS Schedule III Checklist | Presentation & Disclosure of Other Equity in the Financial Statements"
The post Ind AS Sched… Read More
2023-05-27 07:37
Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/79; dated: 25.05.2023 … Continue reading "SEBI Releases Model ‘Tripartite Agreement’ for Issuer Co., Existing & New S… Read More
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