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News, Blog, GST & Customs

June 28, 2024

Clarification on Taxability of Loans Granted Between Related Persons or by an Overseas Affiliate to Its Indian Affiliate | Circular

Circular No. 218/12/2024-GST dated June … Continue reading “Clarification on Taxability of Loans Granted Between Related Persons or by an Overseas Affiliate to Its Indian Affiliate | Circular”

Blog, News, GST & Customs

June 28, 2024

ITC Allowed to Insurance Companies for Repair Expenses Incurred Under Reimbursement Mode of Claim Settlement | Circular

Circular No.217/11/2024-GST dated June 26th, … Continue reading “ITC Allowed to Insurance Companies for Repair Expenses Incurred Under Reimbursement Mode of Claim Settlement | Circular”

Blog, News, GST & Customs

June 28, 2024

Clarification Issued in Respect of GST Liability and ITC Availability in Cases Involving Warranty/Extended Warranty

Circular No.216/10/2024-GST dated June 26th, … Continue reading “Clarification Issued in Respect of GST Liability and ITC Availability in Cases Involving Warranty/Extended Warranty”

Blog, Advisory, FEMA & Banking

June 28, 2024

[Analysis] IFSC Banking | Regulatory Framework and Strategic Opportunities

An International Financial Services Centre … Continue reading “[Analysis] IFSC Banking | Regulatory Framework and Strategic Opportunities”

Blog, News, Account & Audit

June 27, 2024

Accounting of Social Security Scheme Fund Where Contribution to Fund is Uncertain Under Ind AS 19

Defined contribution plans are post-employment … Continue reading “Accounting of Social Security Scheme Fund Where Contribution to Fund is Uncertain Under Ind AS 19”

News, Blog, GST & Customs

June 27, 2024

Matter to Be Remanded to Adjudicating Authority Since ITC on Import Was Wrongly Reported Under Wrong Table in GSTR-3B | HC

Case Details: Essel Kitchenware Ltd. … Continue reading “Matter to Be Remanded to Adjudicating Authority Since ITC on Import Was Wrongly Reported Under Wrong Table in GSTR-3B | HC”

Blog, News, GST & Customs

June 27, 2024

HC Quashes Order Rejecting Refund Claim Without Issuing SCN and Providing Opportunity of Hearing to Assessee

Case Details: Omkareshwar Embroideries Ltd. … Continue reading “HC Quashes Order Rejecting Refund Claim Without Issuing SCN and Providing Opportunity of Hearing to Assessee”

Blog, News, Insolvency and Bankruptcy Code

June 27, 2024

Plea for Condonation of Delay in Filing Appeal Rejected as Appellant Failed to Appear Before AA Despite Serving of Notice | Appellate Tribunal

Case Details: Sciknow Techno Solutions … Continue reading “Plea for Condonation of Delay in Filing Appeal Rejected as Appellant Failed to Appear Before AA Despite Serving of Notice | Appellate Tribunal”

Blog, News, Company Law

June 27, 2024

Dispute Between Borrowers & Credit Institutions is Covered u/s 21(3) of CIC Act Which Mandates CIC to Update Credit Info. in 30 Days | HC

Case Details: V. Ramalingam v. … Continue reading “Dispute Between Borrowers & Credit Institutions is Covered u/s 21(3) of CIC Act Which Mandates CIC to Update Credit Info. in 30 Days | HC”

Blog, News, Company Law

June 27, 2024

SEBI Amends Insider Trading Norms | Mandates Compliance Officer to Approve/Reject Trading Plan Within 2 Days of Receipt

Notification No. SEBI/LAD-NRO/GN/2024/184, Dated 25.06.2024 … Continue reading “SEBI Amends Insider Trading Norms | Mandates Compliance Officer to Approve/Reject Trading Plan Within 2 Days of Receipt”