News

Introduction: The amended provisions extend the applicability of TCS at the rate of 1%, effective from 1st January 2025 to ...
Directorate General of Foreign Trade (DGFT) has issued a public notice modifying the Standard Input Output Norms (SION) for the export product Di-Ethyl Phthalate (DEP). According to Public Notice No.
Gujarat High Court has dismissed an appeal filed by the Commissioner of CGST and Central Excise, affirming that simultaneous penalties cannot be imposed under both Section 76 and Section 78 of the ...
Form PAS-6 Filing Requirements and Deadlines – Filing of Reconciliation of Share Capital Audit By Public & Private Companies ...
Though POSH compliances are the legal requirement in pursuance to the Act, it is also a commitment to workplace ethics and inclusivity. The following are the compliances mandated under the Act: ...
No Choice for Non-Residents: A proviso in Section 112 allows resident individuals and HUFs to compute tax at 20% with indexation or 12.5% without for properties acquired before July 23, 2024, if the ...
The Allahabad High Court has granted bail to Vineeta, an accused in a case lodged under the Uttar Pradesh Gangster and Anti-Social Activities (Prevention) Act, 1986. The case stemmed from alleged ...
The Supreme Court of India has strongly reiterated the fundamental principle of criminal jurisprudence that bail is the general rule and putting a person in jail is the exception. In a judgment ...
Allahabad High Court held that bail granted to accused involved in passing on of fraudulent Input Tax Credit under GST considering the ground of parity, since regular bail granted to other co-accused ...
GST Compliance Challenges: Purchaser’s ITC Loss Due to Seller’s Non-Filing of Returns Under the Goods and Services Tax (GST) regime, one of the key pillars of Input Tax Credit (ITC) entitlement for ...
Allahabad High Court confirms GST penalty on B M Computers for incomplete and inaccurate e-way bills during stock transfer, ...
In a case offering clarity on the tax treatment of compensation received by property owners for inconvenience caused by ...