GST UPDATES
Show Cause Notice to be issued within 7 days of detention or seizure and not 7 working days: HC
COMPANY LAW UPDATES
Failing to appoint an internal auditor may result in penalties and legal consequences for the company.: ROC
INCOME TAX UPDATE
No additions can be made in respect of credit entry in assessee’s capital account for gift of jewelry received from relative: ITAT
INCOME TAX UPDATES
ITAT condoned delay in filing appeal as order wasn’t served at assessee’s address available at PAN/ITR database
GST UPDATES
Refund of ITC on account of inverted duty structure allowed where goods supplied under concessional rate notification: HC