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Blog, News, GST & Customs

February 12, 2024

HC Set Aside Order of Detention of JCB Machine as Owner of Had No Intention to Evade Tax

Case Details: Mohammad Shamasher v. … Continue reading “HC Set Aside Order of Detention of JCB Machine as Owner of Had No Intention to Evade Tax”

News, Blog, Account & Audit

February 12, 2024

Consequences of Stock Damage After the Reporting Date on NRV for Valuation Purposes

Ind AS 10, Events after … Continue reading “Consequences of Stock Damage After the Reporting Date on NRV for Valuation Purposes”

Blog, News, GST & Customs

February 9, 2024

[Opinion] Power Under Section 168A – Rightly Used or Majorly Misused?

Brijesh Kothary & Saundarya Sinha … Continue reading “[Opinion] Power Under Section 168A – Rightly Used or Majorly Misused?”

Blog, News, GST & Customs

February 9, 2024

Penalty Imposed on Assessee for Transporting Goods Purchased from Supplier Who Was Set Up for Bogus ITC to Be Set Aside | HC

Case Details: Fairdeal Metals Ltd. … Continue reading “Penalty Imposed on Assessee for Transporting Goods Purchased from Supplier Who Was Set Up for Bogus ITC to Be Set Aside | HC”

Blog, News, Income Tax

February 9, 2024

Loose Sheets Found in House of 3rd Party Can’t be Considered As Evidence Without Producing Corroborative Evidence | HC

Case Details: DCIT v. Sunil … Continue reading “Loose Sheets Found in House of 3rd Party Can’t be Considered As Evidence Without Producing Corroborative Evidence | HC”

Blog, News, Insolvency and Bankruptcy Code

February 9, 2024

[Opinion] DRT Proceedings Triggers ‘New’ Life for Limitation Under IBC

Nipun Singhvi & Rajri Patel … Continue reading “[Opinion] DRT Proceedings Triggers ‘New’ Life for Limitation Under IBC”

News, Blog, Income Tax

February 9, 2024

Govt. Notifies ‘Exchange of Information With Respect to Taxes’ Agreement With Samoa

Notification No. 21/2024, dated 07-02-2024 … Continue reading “Govt. Notifies ‘Exchange of Information With Respect to Taxes’ Agreement With Samoa”

Blog, News, FEMA & Banking

February 9, 2024

RBI to Introduce Key Fact Statement (KFS) for Retail and MSME Loans & Advances

Press Release: 2023-2024/1827, Dated 08.02.2024 … Continue reading “RBI to Introduce Key Fact Statement (KFS) for Retail and MSME Loans & Advances”

Other Laws, Blog

February 9, 2024

Comprehensive Guide on Cost Control Through Standard Costing – Techniques | Variance Analysis | Insights

Table of Contents Historical Costing … Continue reading “Comprehensive Guide on Cost Control Through Standard Costing – Techniques | Variance Analysis | Insights”

Blog, News, FEMA & Banking

February 9, 2024

RBI Keeps the Policy Repo Rate Under the Liquidity Adjustment Facility (LAF) Unchanged at 6.50 %

Press Release: 2023-2024/1826, Dated 08.02.2024 … Continue reading “RBI Keeps the Policy Repo Rate Under the Liquidity Adjustment Facility (LAF) Unchanged at 6.50 %”