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Blog, News, GST & Customs

June 19, 2024

[Opinion] Whether Principle of Natural Justice Be Restricted Up to Time Limit Prescribed Under GST Law?

Dhaval H. Patwa – [2024] … Continue reading “[Opinion] Whether Principle of Natural Justice Be Restricted Up to Time Limit Prescribed Under GST Law?”

Blog, News, GST & Customs

June 19, 2024

Matter to Be Remanded for Reconsideration Since Tax Liability Was Computed on Best Judgement Basis Without Hearing Assessee | HC

Case Details: Annalakshmi Stores v. … Continue reading “Matter to Be Remanded for Reconsideration Since Tax Liability Was Computed on Best Judgement Basis Without Hearing Assessee | HC”

Blog, GST & Customs

June 18, 2024

Decoding GST Implications on Joint Development Agreements (JDAs)

In Joint Development Agreements (JDAs), … Continue reading “Decoding GST Implications on Joint Development Agreements (JDAs)”

Blog, News, FEMA & Banking

June 18, 2024

HC Upholds FERA Conviction in 2001 Despite FEMA Enactment, as FERA Stands Effective for 2 Years Post-FEMA

Case Details: Sk. Rustam v. … Continue reading “HC Upholds FERA Conviction in 2001 Despite FEMA Enactment, as FERA Stands Effective for 2 Years Post-FEMA”

News, Blog, Insolvency and Bankruptcy Code

June 18, 2024

Plea Filed u/s 95 on 10.08.2021 Was Within Limitation Due to Debt Acknowledgement and SC’s Exclusion of COVID Period

Case Details: Shrenik Ashokbhai Morakhia … Continue reading “Plea Filed u/s 95 on 10.08.2021 Was Within Limitation Due to Debt Acknowledgement and SC’s Exclusion of COVID Period”

Blog, News, Company Law

June 18, 2024

[Opinion] ROC Cracks Down on Company | Directors | CS for Mishandling of Minute Records for 16 Years

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] ROC Cracks Down on Company | Directors | CS for Mishandling of Minute Records for 16 Years”

Blog, News, Account & Audit

June 18, 2024

Change in the Method of Accounting From a Cash Basis to an Accrual Basis

As per guidance notes for … Continue reading “Change in the Method of Accounting From a Cash Basis to an Accrual Basis”

Blog, News, GST & Customs

June 18, 2024

Proper Officer Should at Least Consider Reply on Merits and Then Form an Opinion | HC Remanded Matter Back for Re-Adjudication

Case Details: Mitsubishi Electric India … Continue reading “Proper Officer Should at Least Consider Reply on Merits and Then Form an Opinion | HC Remanded Matter Back for Re-Adjudication”

Blog, News, GST & Customs

June 18, 2024

HC Remanded Matter as No Annexure Was Supplied to Assessee Though SCN Stated That Working of Excess ITC Was Appended

Case Details: Shree Padma Industries … Continue reading “HC Remanded Matter as No Annexure Was Supplied to Assessee Though SCN Stated That Working of Excess ITC Was Appended”

Blog, News, Transfer Pricing

June 18, 2024

WDV as Reflected in Books of AE Can’t Be Considered While Computing ALP of Assets Purchased From AE | HC

Case Details: PCIT v. Sarens … Continue reading “WDV as Reflected in Books of AE Can’t Be Considered While Computing ALP of Assets Purchased From AE | HC”