Conclusion: Once the company had shown the source of giving loan from various transactions reflected in the bank statement and had given the details, there were no reason to doubt the source of funds.

To enhance the data security and ensuring compliance with modern encryption standards, we are implementing the Advanced ...

If you have been issued any demands on the GST Portal and the same is paid through DRC-03 there are chances that the demand is still showing in the GST Electronic Liability register and is still ...

Central Board of Direct Taxes (CBDT) has initiated a Compliance-Cum-Awareness Campaign for AY 2024-25 to assist taxpayers in accurately completing Schedule Foreign Assets (FA) and reporting foreign ...

National Payments Corporation of India (NPCI) has introduced new transaction and product codes for processing Direct Benefit Transfer (DBT) transactions under the National Automated Clearing House ...

Key Case Laws on Section 16 (2) (c) of the CGST Act: Defending Input Tax Credit Claims for Bona Fide Purchases: ...

CPSEs can issue bonus shares when their reserves and surplus are 20 times or more their paid up equity capital. A listed CPSE may split shares if its market price stays over 150 times the face value ...

Collector Cannot Cyclostyle Anti-Corruption Bureau’s Draft To Sanction Prosecution, Must Apply Independent Mind: Rajasthan HC ...

Furthermore, the petitioner cited unavoidable personal circumstances, including her husband’s critical illness, which delayed ...

To be eligible for the BIS Compulsory Registration Scheme (CRS), a manufacturer must: 1. Be the factory owner of a product covered under the Compulsory Registration Order (CRO). 2. Apply for ...

NCLAT Delhi held that provisions of section 10A of the Insolvency and Bankruptcy Code, 2016 would not apply as the date of ...

In this article we would discuss the relationship of husband and wife from financial point of view. Every human is grown-up in a different culture and under different rituals. So, when two people tie ...