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Blog, News, GST & Customs

March 10, 2025

Adjudicating Authority Directed to Consider Assessee’s Contention on Non-Availment of ITC on Supply of Textbooks | HC

Case Details: Leadership Boulevard (P.) … Continue reading “Adjudicating Authority Directed to Consider Assessee’s Contention on Non-Availment of ITC on Supply of Textbooks | HC”

Blog, News, GST & Customs

March 10, 2025

Limitation Period for Filing Refund of Unutilized ITC on Export of Goods to Be Computed From Shipping Date | HC

Case Details: Nitrex Chemicals India … Continue reading “Limitation Period for Filing Refund of Unutilized ITC on Export of Goods to Be Computed From Shipping Date | HC”

News, Blog, FEMA & Banking

March 10, 2025

HC Upholds Acquittal as Applicant Failed to Prove Accused’s Business, Goods Delivery, or Issuance of Cheque for Legal Debt

Case Details: Ambika Ornaments through … Continue reading “HC Upholds Acquittal as Applicant Failed to Prove Accused’s Business, Goods Delivery, or Issuance of Cheque for Legal Debt”

Blog, News, FEMA & Banking

March 10, 2025

RBI to Conduct Open Market Operation (OMO) Purchase Auctions & USD/INR Swap to Inject Liquidity

Press Release: 2024-2025/2305, Dated: 05.03.2025 … Continue reading “RBI to Conduct Open Market Operation (OMO) Purchase Auctions & USD/INR Swap to Inject Liquidity”

Blog, News, Income Tax

March 10, 2025

No DAPE in India if Local Subsidiary Pursued Independent Business With Indian Customers | HC

Case Details: Commissioner of Income-tax … Continue reading “No DAPE in India if Local Subsidiary Pursued Independent Business With Indian Customers | HC”

Blog, News, Account & Audit

March 10, 2025

[Global Financial Insights] IASB Releases Major IFRS Updates for SMEs Accounting Standard and More

Editorial Team – [2025] 172 … Continue reading “[Global Financial Insights] IASB Releases Major IFRS Updates for SMEs Accounting Standard and More”

Blog, News, Income Tax

March 10, 2025

Pharmacies in Hospitals Are Essential for Operations; Qualify for Section 11 Tax Exemption | ITAT

Case Details: Bhatia General Hospital … Continue reading “Pharmacies in Hospitals Are Essential for Operations; Qualify for Section 11 Tax Exemption | ITAT”

Blog, News, Account & Audit

March 7, 2025

Accounting of Grant Received From a Shareholder Acting in the Capacity of Government Under Ind AS Framework

The issue in this document … Continue reading “Accounting of Grant Received From a Shareholder Acting in the Capacity of Government Under Ind AS Framework”

Blog, News, Account & Audit

March 7, 2025

ICMAI Releases Exposure Draft on Cost Management in Healthcare Services

The Institute of Cost Accountants … Continue reading “ICMAI Releases Exposure Draft on Cost Management in Healthcare Services”

News, Blog, Income Tax

March 7, 2025

[Opinion] Income Tax Bill 2025 | A Simplified Code or a Stricter Tax Regime?

Vishal Gupta & Shahrukh Kamal … Continue reading “[Opinion] Income Tax Bill 2025 | A Simplified Code or a Stricter Tax Regime?”