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Archive: September 14, 2024

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future Tax September 14, 2024 No Comment

A New Invoice Management Functionality on GST Portal wef 1st

Summary: Starting October 1, 2024, the GST portal will introduce a new Invoice Management System
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future Tax September 14, 2024 No Comment

ICAI Announces Panel for December 2024 Election Scrutiny-Future Tax

The Institute of Chartered Accountants of India (ICAI) has announced the panel responsible for scrutinizing
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future Tax September 14, 2024 No Comment

Acceptance of Loans via Journal Entries Violates Section 269SS, but

  CIT Vs Ajitnath Hi­Tech Builders Pvt. Ltd. (Bombay High Court) In the present facts,
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future Tax September 14, 2024 No Comment

Rejection of transaction value without evidence of over-valuation of export

Universal Offset Vs Commissioner of Customs (Export) (CESTAT Delhi) CESTAT Delhi held that in absence
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future Tax September 14, 2024 No Comment

Denial of claim of Foreign Tax Credit due to delay

Avik Anup Prabhu Osho Drive Vs DCIT (ITAT Delhi) ITAT Delhi held that Rule 128(9)
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future Tax September 14, 2024 No Comment

Reducing Passport Validity for Under-Trial Violates Presumption of Innocence: Rajasthan

Reducing Validity of Passport for Under-Trial Without Cogent Reasons Violates Presumption of Innocence Until Proven
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future Tax September 14, 2024 No Comment

Review GST Appeal Filed After Condonable Period Due to Accountant’s

Chandrasekaran Anand Vs Deputy Commissioner (ST) (Madras High Court) Summary: In the case of Chandrasekaran
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future Tax September 14, 2024 No Comment

GST on Preferential Location Charges in Real Estate – 54th GST

GST Conundrum on Preferential Location Charges in Real Estate [In perspective of 54th GST Council
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future Tax September 14, 2024 No Comment

DGFT allows Yellow Peas Import “Free” Without MIP or Port

The Directorate General of Foreign Trade (DGFT) has issued Notification No. 29/2024-25, extending the import
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future Tax September 14, 2024 No Comment

DGFT Removes MEP on Onion Exports: Notification 28/2024-25-Future Tax

The Directorate General of Foreign Trade (DGFT) has issued Notification No. 28/2024-25, amending the export
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