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Blog, News, Account & Audit

January 29, 2024

Standby, Stoppage & Borrowing Cost Incurred During Suspension of Project Due to Force Majeure Isn’t Exceptional Item

Due to terror attacks in … Continue reading “Standby, Stoppage & Borrowing Cost Incurred During Suspension of Project Due to Force Majeure Isn’t Exceptional Item”

Blog, News, GST & Customs

January 29, 2024

HC Quashes Penalty As Error of Non-Filling of Part B of E-Way Bill Was of Technical Nature Without Any Intention to Evade Tax

Case Details: Rawal Wasia Yarn … Continue reading “HC Quashes Penalty As Error of Non-Filling of Part B of E-Way Bill Was of Technical Nature Without Any Intention to Evade Tax”

Blog, News, Account & Audit

January 29, 2024

ICAI has Prepared Draft Bank Branch Auditors’ Panel (MEF) for the Year 2023-24

The Institute of Chartered Accountants … Continue reading “ICAI has Prepared Draft Bank Branch Auditors’ Panel (MEF) for the Year 2023-24”

Blog, News, GST & Customs

January 27, 2024

No Interest Liability If Assessee Deposited GST Amount Within Due Date But Filed Returns Belatedly | HC

Case Details: Eicher Motors Ltd. … Continue reading “No Interest Liability If Assessee Deposited GST Amount Within Due Date But Filed Returns Belatedly | HC”

Blog, News, Company Law

January 27, 2024

MCA Notifies Norms w.r.t Listing of Equity Shares in IFSC by Public Companies

Notification G.S.R. 61(E), Dated 24-01-2024 … Continue reading “MCA Notifies Norms w.r.t Listing of Equity Shares in IFSC by Public Companies”

Blog, News, GST & Customs

January 27, 2024

Order Quashing ITC Claim Without Considering Relevant Documents is Liable to Be Set Aside | HC

Case Details: Ingram Micro India … Continue reading “Order Quashing ITC Claim Without Considering Relevant Documents is Liable to Be Set Aside | HC”

News, Blog, Income Tax

January 27, 2024

ITAT Can Rectify Its Order If It Failed to Consider Amendment Made in CBDT Circular While Deciding the Appeal | HC

Case Details: Ajit Pramod v. … Continue reading “ITAT Can Rectify Its Order If It Failed to Consider Amendment Made in CBDT Circular While Deciding the Appeal | HC”

Blog, News, Account & Audit

January 27, 2024

Accounting for Compound Share-Based Payment Option Under Ind AS 102

Para 35 of Ind AS … Continue reading “Accounting for Compound Share-Based Payment Option Under Ind AS 102”

Blog, News, Income Tax

January 27, 2024

[Opinion] Pre-Budget 2024-25 | Wishlist of 15 Critical Grey Areas in Direct Tax Domain

Mayank Mohanka – [2024] 158 … Continue reading “[Opinion] Pre-Budget 2024-25 | Wishlist of 15 Critical Grey Areas in Direct Tax Domain”

Blog, News, Company Law

January 25, 2024

Govt. Permits Investment By ‘Permissible Holders’ in the Equity of Indian Public Cos. Listed on International Exchanges

Notification No. S.O. 332(E), Dated: … Continue reading “Govt. Permits Investment By ‘Permissible Holders’ in the Equity of Indian Public Cos. Listed on International Exchanges”