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Blog, News, Income Tax

February 7, 2024

AO’s Order Couldn’t Be Held Erroneous If He Accepted Assessee’s Claim Relying on SC’s Ruling | ITAT

Case Details: Pawan Kumar vs. … Continue reading “AO’s Order Couldn’t Be Held Erroneous If He Accepted Assessee’s Claim Relying on SC’s Ruling | ITAT”

Blog, News, Account & Audit

February 7, 2024

Expenditure on Training Activities Cannot be Considered as Intangible Asset Under Ind AS 38

Para 95 of Ind AS … Continue reading “Expenditure on Training Activities Cannot be Considered as Intangible Asset Under Ind AS 38”

News, Blog, Company Law

February 7, 2024

[Opinion] Co. & Directors Penalized Rs. 8.50 Lakhs for Not Maintenance of Registered Office and Not Maintenance of Register of Members

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] Co. & Directors Penalized Rs. 8.50 Lakhs for Not Maintenance of Registered Office and Not Maintenance of Register of Members”

Blog, News, Insolvency and Bankruptcy Code

February 7, 2024

Direct Payment by Financiers to Suppliers Without Disbursement of Funds to CD Couldn’t Be Termed as Financial Debt

Case Details: Mudraksh Investfin Pvt. … Continue reading “Direct Payment by Financiers to Suppliers Without Disbursement of Funds to CD Couldn’t Be Termed as Financial Debt”

News, Blog, GST & Customs

February 7, 2024

HC Directed GSTN to Allow Assessee to Amend GSTR-1 as There Was No Loss of Revenue If Such Rectification Was Permitted

Case Details: Railroad Logistics (India) … Continue reading “HC Directed GSTN to Allow Assessee to Amend GSTR-1 as There Was No Loss of Revenue If Such Rectification Was Permitted”

Blog, News, GST & Customs

February 7, 2024

[Opinion] Deciphering the Chronology of ISD Mechanism | Insights into Budget 2024 Amendments

Gaurav Jha – [2024] 159 … Continue reading “[Opinion] Deciphering the Chronology of ISD Mechanism | Insights into Budget 2024 Amendments”

Blog, Weekly Round-up

February 6, 2024

Weekly Round-up on Tax and Corporate Laws | 29th January to 3rd February 2024

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 29th January to 3rd February 2024”

Blog, News, GST & Customs

February 5, 2024

Adjudicating Authority Was Directed to Revisit Issue After Taking into Consideration GSTR-9C Submitted by Assessee | HC

Case Details: Sanjeevani Gum Udyog … Continue reading “Adjudicating Authority Was Directed to Revisit Issue After Taking into Consideration GSTR-9C Submitted by Assessee | HC”

Blog, News, GST & Customs

February 5, 2024

HC Directs Assessee to Approach Dept. Seeking Redetermination of Interest Demand As Per Retrospective Amendment

Case Details: Swift Motors v. … Continue reading “HC Directs Assessee to Approach Dept. Seeking Redetermination of Interest Demand As Per Retrospective Amendment”

Blog, News, Income Tax

February 5, 2024

CIT Couldn’t Revise Order on Issues Which Were Not Covered by Limited Scrutiny Assessment | ITAT

Case Details: Mind Sports League … Continue reading “CIT Couldn’t Revise Order on Issues Which Were Not Covered by Limited Scrutiny Assessment | ITAT”