• July 23, 2023

With great influence comes great responsibility… and GST 1. Introduction In the past decade, the advent of social media platforms and the rise of influencers have revolutionized the way people consume content, make purchasing decisions, and perceive brands. Influencers, individuals who have amassed a substantial following on social media platforms have become powerful voices in […]

• July 22, 2023

Brijesh Kothary & Saundarya Sinha – [2023] 152 taxmann.com 459 (Article) In the recent 50th GST Council meeting, clarification on various legal ambiguities and issues relating to GST laws were recommended with the intent to benefit the taxpayers at large and avoid unwanted litigation. One such recommendation was in respect of GST implications on ‘holding […]

• July 22, 2023

Publish Date : Friday, July 14, 2023 source

• July 21, 2023

Circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124, Dated: 19.07.2023 SEBI has extended the framework to freeze the permanent account number (PAN) of Designated Persons (DPs) during the “trading window closure” for financial results at the security level for all listed companies in a phased manner. This amendment outlines the provisions of Clause 4 of Schedule B read with Regulation […]

• July 20, 2023

Publish Date : Monday, July 17, 2023 source

• July 20, 2023

Check out GST Practical Guides | Registration, Suspension, Cancellation & Revocation of Cancellation, a comprehensive guide to the practical aspects of GST law, detailing registration processes, special provisions, amendments, suspensions, and cancellations in an easy-to-understand language. It is amended by the Finance Act 2023 and is developed by the Goods & Services Tax Practitioners' Association […]

• July 20, 2023

Publish Date : Tuesday, July 18, 2023 source

• July 19, 2023

Case Details: Authority for Advance Rulings, Maharashtra Aryan Contractor (P.) Ltd., In re - [2023] 152 taxmann.com 370 (AAR-MAHARASHTRA) Judiciary and Counsel Details Rajiv Magoo & T.R. Ramnani, Member Facts of the Case The applicant was engaged in providing works contract services. It filed an application for advance ruling to determine taxability of liquidated damages […]

• July 18, 2023

A company engaged in providing technology solutions to strategic users in defense and atomic energy. It holds investments in an unlisted company and values this investment at fair value. As per paragraph 46 of Ind AS 39, after initial recognition, an entity shall measure financial assets at their fair values. Further, paragraph AG74 of Ind […]