News

The Tax Compliance Calendar for Feb 2024 explains Compliance requirements under GST 2017 and Income Tax for the Month of March 2024.

Tax Compliance Calendar March 2024

RBI has imposed a monetary penalty of Rs.29.30 lakh on 2 Cooperatives and 1 Sahakari Bank for non-compliance with directions issued by RBI.

RBI imposes Monetary Penalty on 2 Cooperative and Sahakari Bank for non-compliance with direction

RBI imposes Monetary Penalties on 2 Cooperative and Sahakari Bank for non-compliance with direction

Articles

The Reserve Bank of India (RBI) has amended Capital Adequacy Guidelines which is going to be applicable from April 1, 2024.

RBIs amended Capital Adequacy Guidelines applicable from April 1, 2024

Several new restrictions will go into effect on the beginning of March, which is also the last month of this financial year and will affect practically all users.

GST, Credit Card, Fastags: What Changes from March 2024

Orders

ICAI has held CA guilty for certifying PAS-3 and SH-7 without verifying if the EGM notice was sent to Existing Shareholders.

CA guilty for certifying PAS-3 and SH-7 without verifying if EGM notice was sent to Existing Shareholders

Judgement

The AAR West Bengal has ruled out that ITC is allowed in case of sale and buyback transactions where payment is settled through book adjustment.

ITC allowed in case of sale and buyback transactions where payment is settled through book adjustment [Read AAR]

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