Clipped from: https://cleartax.in/s/gst-notices GST Notices can be of many types- Show cause notice, Demand notice and scrutiny notice to mention a few. This article is an overview of
Category: Legal
Show Cause Notices–tax guru
Clipped from: https://taxguru.in/income-tax/show-notices.html Does Demand or Coercive Action sustain without a notice and without the personal hearing Show cause notice means a Court order that requires a
How to write a Reply to Show Cause Notice under GST?–tax guru
Clipped from: https://taxguru.in/goods-and-service-tax/write-reply-show-notice-gst.html Before resorting to the assessment, the GST authorities shall issue a show cause notice proposing the tax due to the department basing on the information
Your e-mandate may soon run into trouble – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/your-e-mandate-may-soon-run-into-trouble/article34179168.ece Despite RBI circulars, most banks not ready with ‘upgraded capacities’ The Internet And Mobile Association of India (IAMAI) has warned that millions of
Govt improving GST evasion detection but recovery a problem: CAG report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-improving-gst-evasion-but-recovery-still-a-problem-cag-report-121032500602_1.html Authorities were good at recovering amounts from medium firms but failed to pin down large and small ones. A report tabled by India’s
How Union Budget changes GST law to move onus away from professionals to taxpayers – The Financial Express
Clipped from: https://www.financialexpress.com/economy/how-union-budget-changes-gst-law-to-move-onus-away-from-professionals-and-on-to-taxpayers/2221573/ Indirect Taxes Budget 2021 was crucial because of the collocation of two contrasting situations in the current economic scenario, namely the government’s endeavor
Man cannot shirk his responsibility as husband to maintain his legally wedded wife, says Delhi court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/man-cannot-shirk-his-responsibility-as-husband-to-maintain-his-legally-wedded-wife-says-delhi-court/articleshow/81726636.cmsSynopsis he court, however, said the wife should also try to find a job for herself and should not waste her talent sitting idle
SPAC Tax Issues: Round tripping, taxation issues to mar billion dollar ‘SPAC’ dreams of Indian firms, unicorns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/round-tripping-taxation-issues-to-mar-billion-dollar-spac-dreams-of-indian-firms-unicorns/articleshow/81718113.cms Synopsis-Indian firms face hurdles akin to those faced by Indian and MNC mergers in past Indian startups and companies that are hoping to
No rigid standard for acceptance or rejection of dying declaration: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/no-rigid-standard-for-acceptance-or-rejection-of-dying-declaration-sc/articleshow/81723334.cmsSynopsis The apex court observed that if there are contradictions that create doubts about the truthfulness and credibility of the dying declaration then the
SC rules in favour of IL&FS in Gurgaon metro case – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/national/sc-rules-in-favour-of-ilfs-in-gurgaon-metro-case/article34175983.ece The Supreme Court has ruled in favour of IL&FS by asking Haryana Government to deposit ₹1,925 crore in an escrow amount in a
The next battle between Mistry and Tata will be on the valuation of SP Group’s share in Tata Sons – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/the-next-battle-between-mistry-and-tata-will-be-on-the-valuation-of-sp-groups-share-in-tata-sons/article34168159.ece The dispute between Cyrus Mistry and the Tata group has come to an end with the Supreme Court upholding Tatas’ decision to oust
SC order, a validation of Tata group’s ethics: Ratan Tata – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/supreme-court-order-a-validation-of-tata-group-values-and-ethics-ratan-tata/article34168321.ece For the Tata group, the Supreme Court’s decision against the allegations made by Cyrus Mistry, could not have come at a better time.
Tatas may want to buy out Mistry’s stake, but where is the cash? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tatas-may-want-to-buy-out-mistrys-stake-but-where-is-the-cash/article34172850.ece The Tata group could potentially put an end to the troubles created by Cyrus Mistry and family by acquiring their stake, but it
Mistry camp exploring all options – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mistry-camp-exploring-all-options/article34172828.ece The Mistry family is exploring all options, including filing a review petition and seeking a legal recourse, to determine the value of the
Tatas hold all the aces – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tatas-hold-all-the-aces/article34172795.ece Legal spat between Tata and Mistry groups may continue, but the former has an edge Cyrus Mistry is in a very difficult spot
SC order upholds company board supremacy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sc-order-upholds-company-board-supremacy/article34172831.ece Verdict restricts scope of court’s interference in the corporate decision-making process The verdict of the three-judge Bench of the Supreme Court has not
Behind the Tata-Mistry feud, the crossed wires of history – The Financial Express
Clipped from: https://www.financialexpress.com/industry/behind-the-tata-mistry-feud-the-crossed-wires-of-history/2221484/ When Cyrus took over, he was the first Tata Sons chairperson in the group’s history not to be made chairperson of the Sir
Does the Tata-Mistry ruling ignore reality of how boards are run and decisions taken? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/law-is-willing-but-spirit/articleshow/81712712.cms Synopsis-In India’s legal system, there is no place for redressal if, while following the letter of the law, its spirit is ignored. This
JSW transfers Rs 19,350 cr to complete acquisition of Bhushan Power and Steel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-transfers-rs-19350-cr-to-complete-acquisition-of-bhushan-power-and-steel/articleshow/81706126.cmsSynopsis JSW Steel was chosen the winning bidder for BPSL’s assets in September 2019, and the resolution plan was approved by NCLT soon after.