IFSCA has advised regulated entities in the IFSC dealing with retail consumers to publish Consumer Charters on their websites ...
DGFT notified the enlistment of fourteen new Pre-Shipment Inspection Agencies under Appendix-2G of FTP 2023. The agencies are now authorized to issue Pre-Shipment Inspection Certificates through the ...
The article examines whether income tax, GST, and capital gains taxation are placing excessive pressure on hardworking taxpayers. It highlights concerns about high compliance costs, cash flow issues, ...
Pune ITAT held that accounting reclassification entries and journal adjustments require proper verification before being ...
CESTAT Ahmedabad ruled that before the 2016 amendment, there was no prohibition under the Cenvat Credit Rules against using basic excise duty credit for payment of NCCD. The Tribunal dismissed Revenue ...
The compliance calendar provides a consolidated list of regulatory filings applicable to SME listed companies under SEBI regulations and NSE circulars. It includes timelines, provisions, and filing ...
The Tribunal rejected the Department’s approach of granting interest only on 7.5% statutory pre-deposit. It held that interest was payable on the entire ₹15 lakh deposited during ...
Pune ITAT observed that reassessment proceedings initiated beyond three years may not be maintainable where the alleged escaped income is below ₹50 lakh. The matter was remanded for verification of ...
Madras High Court directed authorities to defer GST proceedings relating to royalty and seigniorage fees for quarrying minerals until the Supreme Court decides the larger dispute. The petitions were ...
CESTAT Kolkata held that Customs authorities cannot enhance declared transaction value without first following the mandatory ...
The article explains how Rule 14A promises GST registration within three days but may create serious compliance challenges for growing businesses. It highlights portal restrictions, withdrawal hurdles ...
The High Court clarified that completed assessments do not abate upon search proceedings because no assessment proceedings remain pending. However, the earlier assessment loses enforceability after a ...