Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
Reliance Commercial Finance Limited Audit Irregularities: NFRA Slaps ₹2.5 Cr Penalty on CA and CA Audit Firm
The National Financial Reporting Authority ( NFRA ) has slapped a monetary penalty of ₹2.5 Crore on a Chartered Accountants Firm and Chartered...
![Ineligible GST ITC Claim and Pass-on of Rs. 187.68 Cr: Rajasthan HC denies Bail sought on Medical Grounds [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/GST-GST-ITC-Cliam-Input-Tax-Credit-Rajasthan-High-Court-taxscan.jpg "Ineligible GST ITC Claim and Pass-on of Rs. 187.68 Cr: Rajasthan HC denies Bail sought on Medical Grounds [Read Order]")
Limitation on Number of Audits per Year by CA: Supreme Court upholds Operation of ICAI Rule w.e.f. April 1, 2024
On Friday, May 17, the Supreme Court upheld a rule issued by the Institute of Chartered Accountants of India (ICAI) that limits Chartered Accountants to a maximum of 60 tax audit assignments per...
Kanpur Security Service Agency Director gets Non-Bailable Warrant on Alleged Service Tax Evasion [Read Order]
Chief Judicial Magistrate of Kanpur Nagar, Uttar Pradesh, Kumud Lata Tripathi issued a Non-Bailable Warrant ( NBW ) against the director of a security service agency, on Thursday, on charges of...
![Kanpur Security Service Agency Director gets Non-Bailable Warrant on Alleged Service Tax Evasion [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Kanpur-Security-Service-Agency-Service-Tax-Evasion-Service-Tax-Tax-news-taxscan.jpg "Kanpur Security Service Agency Director gets Non-Bailable Warrant on Alleged Service Tax Evasion [Read Order]")
[BREAKING] Delhi HC refuses to grant Interim Relief against NFRA Penalties in Reliance Capital Audit Lapses to CAs and CA Firm [Read Order]
The Delhi High Court has refused to entertain the plea for interim relief in the writ petition filed against penalties imposed by the National Financial Reporting Authority (NFRA) on two Chartered...
![[BREAKING] Delhi HC refuses to grant Interim Relief against NFRA Penalties in Reliance Capital Audit Lapses to CAs and CA Firm [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Delhi-HC-Interim-Relief-NFRA-Penalties-in-Reliance-Capital-Audit-Lapses-to-CAs-and-CA-Firm-TAXSCAN.jpg "[BREAKING] Delhi HC refuses to grant Interim Relief against NFRA Penalties in Reliance Capital Audit Lapses to CAs and CA Firm [Read Order]")
Furnishing of Information by manufacturers of Pan Masala and Tobacco: GSTN releases Advisory on Forms GST SRM-I and GST SRM-II
The Goods and Services Tax Network ( GSTN ) has issued an advisory on the introduction of two new forms for manufacturers of pan masala and tobacco products under the Goods and Services Tax Act. This...
Proceedings u/s 74 of GST Act not to be initiated against Purchaser for Non-Deposit by Supplier: Uttarakhand HC [Read Order]
In a historic decision, a Division Bench of the Uttarakhand High Court has held that no proceedings shall be initiated against purchaser of goods under Section 74 of Goods and Services Tax Act for...
![Proceedings u/s 74 of GST Act not to be initiated against Purchaser for Non-Deposit by Supplier: Uttarakhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Uttarakhand-High-Court-Section-74-GST-Act-GST-Updates-GST-purchaser-rights-taxscan.jpg "Proceedings u/s 74 of GST Act not to be initiated against Purchaser for Non-Deposit by Supplier: Uttarakhand HC [Read Order]")
You can Avail Interest on GST Appellate Authority and Appellate Tribunal Appeal Pre-Deposits! Know Why S. 115 GST Act could Backfire for the Government
Supposedly, a taxpayer (appellant) disagrees with a decision made by the tax authorities and files an appeal with the Appellate Authority or the Appellate Tribunal. To file the appeal, the...
