CONSULTEASE.COM | Consultease | Activity

Consultease wrote a new post, What 600 lawyers have written to CJI?

Mon, 01 Apr 2024 10:34:08 +0000

There has been notable activity within India’s higher judiciary recently. A letter, collectively signed by approximately 600 members of the bar, including prominent lawyer Harish Salve, was addressed to the Chief […]

Consultease wrote a new post, Arvind Kejriwal remand again extended till 15th April

Mon, 01 Apr 2024 08:48:54 +0000

On Monday, a Delhi Court remanded Chief Minister Arvind Kejriwal to judicial custody until April 15 in the money laundering case linked to the alleged liquor policy scam. Kejriwal was arrested on the night of […]

Consultease wrote a new post, SC judgment on Taxability of export sale commission as intermediary

Thu, 28 Mar 2024 12:56:37 +0000

Summary of case

M/s. SNQS International Socks Private Limited (“the Respondent”) had received an export sales commission for procuring export orders from foreign buyers for the manufacturers who sup […]

Consultease wrote a new post, What are scheduled offences in PMLA?

Thu, 28 Mar 2024 12:31:16 +0000

Scheduled offences under PMLA-
Scheduled offences in the Prevention of Money Laundering Act (PMLA) are the acts listed in the Act’s schedule that serve as the foundation for money laundering charges. These […]

Consultease wrote a new post, PIL to remove kejriwal from CM post rejected

Thu, 28 Mar 2024 11:58:49 +0000

A person named as Surjeet singh has filed a PIL in Delhi high court. The PIL is filed to remove Delhi CM Arvind kejriwal from his post of CM. As we know he is arrested and is in jail for liquor scam. His remand is […]

Consultease wrote a new post, Delhi HC again rejected Congress plea for reassessment of income tax demand

Thu, 28 Mar 2024 11:51:32 +0000

Case name-Title: INDIAN NATIONAL CONGRESS v. DEPUTY COMMISSIONER OF INCOME TAX and other connected matters

On Thursday, the Delhi High Court dismissed pleas submitted by the Indian National Congress regarding […]

Consultease wrote a new post, What is PMLA? Why Arvind kejriwal is arrested in PMLA?

Thu, 28 Mar 2024 11:36:20 +0000

What is PMLA?
PMLA stands for the prevention of money laundering. An act passed by the Indian parliament to curb the black money.The Prevention of Money Laundering Act (PMLA) became applicable in India on July 1, […]

Consultease wrote a new post, Just now- Delhi CM Arvind Kejriwal custody extended till April 1

Thu, 28 Mar 2024 11:22:52 +0000

Delhi chief minister Arvind Kejriwal custody extended till April 1
On Thursday, a Delhi Court extended Chief Minister Arvind Kejriwal’s custody to the Enforcement Directorate (ED) until April 1 in connection with […]

Consultease wrote a new post, Salary of 19 years was granted for illegal termination of employee

Tue, 26 Mar 2024 08:01:21 +0000

The observation of Jharkhand High court-
The Jharkhand High Court has issued a directive to the State government, instructing it to release 19 years’ worth of pending salary to an employee who was unlawfully […]

Consultease wrote a new post, Delhi HC rejected the Congress plea against the ITAT order- PDF of Judgment

Tue, 26 Mar 2024 07:48:18 +0000

Summary of Delhi HC judgment over Congress party plea-
The Delhi High Court recently made a decision to dismiss pleas filed by the Indian National Congress regarding the initiation of income tax re-assessment […]

Consultease wrote a new post, MSME provision of sec 43(b)(h) big update

Mon, 04 Mar 2024 13:36:58 +0000

Section 43(b)(h) was introduced to help MSME. As per this provision the buyers were oblised to make payment to MSME’s in 45 days. In case of default they were supposed to pay more tax.

As the amount not paid […]

Consultease wrote a new post, "Manipur Assembly: Legislative Agenda"

Tue, 27 Feb 2024 05:18:55 +0000

Introduction:
The Manipur government, led by Chief Minister N. Biren Singh, is gearing up for significant legislative discussions and policy decisions during the forthcoming assembly session, […]

Consultease wrote a new post, Bhartiya Nyay Sanhita to apply from 1st July 2024

Sat, 24 Feb 2024 12:55:57 +0000

Bhartiya nyay sanhita was passed in parliament to replace Indian Penal code. Now the date of its applicability is also announced by the government.

Home ministry issued a notification to appoint the date of its […]

Consultease wrote a new post, DGFT Notice Expands Scrap Import Ports and PSIC Exemption

Thu, 15 Feb 2024 05:33:15 +0000

Introduction:
The Directorate General of Foreign Trade (DGFT) issued Public Notice No. 43/2023 on February 14, 2024, introducing significant amendments to the Handbook of Procedures, 2023. These changes aim to […]

Consultease wrote a new post, "Contracts by Conduct: Insights from Supreme Court Decisions"

Wed, 14 Feb 2024 05:56:09 +0000

Introduction:
In the realm of contract law, the traditional understanding has often been that agreements are formalized through written documents, signed and sealed by the involved parties. However, a notable […]

Consultease wrote a new post, "Supreme Court Affirms NCLT's Recall Power: Key Analysis"

Wed, 14 Feb 2024 05:40:21 +0000

The Supreme Court, on February 12, noted that the Adjudicating Authority (AA), which is the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016 (IBC), has the […]

Consultease wrote a new post, "New Export Policy for Chapter 01-39 under ITC (HS) 2023 Implemented by DGFT"

Tue, 13 Feb 2024 12:03:12 +0000

The Directorate General of Foreign Trade (DGFT) has recently issued Notification No. 60/2023 on February 13, 2024, announcing the implementation of the ‘Indian Trade Classification […]

Consultease wrote a new post, NCLT Approval Impact on Service Tax Refund Appeal: CESTAT Chandigarh Ruling

Tue, 13 Feb 2024 05:07:12 +0000

In a significant decision, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Chandigarh addressed the case of Ballarpur Industries Ltd. vs. CCE & ST, Panchkula. The tribunal ruled […]

Consultease wrote a new post, "Finance Ministry Dismisses Karnataka's Claims of Tax Distribution Discrimination"

Tue, 13 Feb 2024 05:06:26 +0000

The Finance Ministry has issued a rebuttal to the Karnataka government’s allegations of discrimination in the distribution of central taxes, dismissing them as incorrect and misleading. This […]

Consultease wrote a new post, NCLT Bengaluru Bench Emphasizes Finality in Resolution Plan Approval Process

Mon, 12 Feb 2024 09:13:24 +0000

NCLT Bengaluru Bench: Resolution Plan Approval Process Must Not Lead to Endless CIRP
In a recent ruling, the National Company Law Tribunal (NCLT) Bengaluru Bench addressed the case of Parag Finlease Pvt. Ltd. vs. […]

Consultease wrote a new post, (no title)

Mon, 12 Feb 2024 08:59:53 +0000

Resolution Plan Approval by NCLT Renders Pending Service Tax Refund Appeal Abated, Rules CESTAT Chandigarh
In a recent decision, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Chandigarh ruled […]

Consultease wrote a new post, High Court Upholds Income Tax Search; Condemns Misconduct

Mon, 12 Feb 2024 06:31:47 +0000

Heading 1: Validity of Income Tax Search Upheld

The Gujarat High Court has upheld the validity of search and seizure operations conducted by the Income Tax (I-T) department at the residence and office of lawyer […]

Consultease wrote a new post, Understanding the Impact of MSME Section 43B: Ensuring Timely Payments and Tax Compliance"

Fri, 09 Feb 2024 12:49:56 +0000

Clarification on MSME Section 43B Impact:

Payments made or due to vendors registered under MSME, as defined in the Micro, Small and Medium Enterprises Development (MSMED) Act 2006, are affected. To encourage […]

Consultease wrote a new post, Important FAQ's on 43B

Fri, 09 Feb 2024 12:42:46 +0000

Q1: When does the amendment become effective?
A1: The amendment applies from FY 2023-24, corresponding to AY 2024-25.

Q2: What defines an MSME?
A2: MSME classification is based on investment and turnover, […]

Consultease wrote a new post, "High Court Grants Mercedes-Benz Interim GST Relief"

Fri, 09 Feb 2024 12:08:51 +0000

In a recent development, the Bombay High Court has granted an interim stay on the demand for GST dues on expatriate salary payments by Mercedes-Benz, providing a temporary relief to the auto giant. This decision, […]

Consultease wrote a new post, "Unlocking Tax Relief: OTS & 'Mera Bill' Drive for Ludhiana Residents"

Fri, 09 Feb 2024 10:33:04 +0000

In a bid to ease the tax burden on residents and facilitate smoother transactions, the taxation department of the state government has launched a comprehensive awareness campaign promoting its […]

Consultease wrote a new post, "Valuation Report Disclosure Debate in Insolvency"

Fri, 09 Feb 2024 10:02:53 +0000

In a recent ruling by the National Company Law Appellate Tribunal (NCLAT) in the case of Kineta Global Ltd. v. IDBI Bank Ltd. & Ors., the issue of disclosing valuation reports to prospective […]

Consultease wrote a new post, "Jharkhand High Court: Upholding Tax Scrutiny on Unverified Cash Loans"

Fri, 09 Feb 2024 09:55:53 +0000

In a recent verdict, the Jharkhand High Court has upheld the income tax addition due to the failure of assessees to substantiate the authenticity of creditors providing cash loans. The decision, […]

Consultease wrote a new post, DRI seized 83.352 MT of Areca Nuts

Thu, 08 Feb 2024 11:55:24 +0000

The Directorate of Revenue Intelligence (DRI) recently made a significant breakthrough in its ongoing efforts to combat smuggling activities targeting India’s domestic industries. In a […]

Consultease wrote a new post, If tax paid is more than ITC , 13(1)(f) will not apply

Thu, 08 Feb 2024 11:51:48 +0000

The Allahabad High Court ruled on a case involving the interpretation of Section 13(1)(f) of the Uttar Pradesh Value Added Tax Act, 2008 (UP VAT Ac […]

Consultease wrote a new post, "Supreme Court Upholds Bail Denial in UAPA Case: Delay Not a Deciding Factor"

Thu, 08 Feb 2024 09:08:52 +0000

Background:
The Supreme Court denied bail to a man charged under the Unlawful Activities (Prevention) Act, 1967 (“UAPA”) for allegedly promoting the Khalistani terror movement. The appellant had been in jail for […]

Consultease wrote a new post, "Streamlining GST: The QRMP Scheme Explained"

Thu, 08 Feb 2024 07:56:39 +0000

1. Introduction to the QRMP Scheme
The Quarterly Returns with Monthly Payment (QRMP) Scheme is designed to streamline GST compliance for eligible taxpayers, allowing them to submit Form GSTR-1 and Form GSTR-3B […]

Consultease wrote a new post, "High Court: Chanda Kochhar's Arrest Illegal"

Tue, 06 Feb 2024 11:23:19 +0000

Bombay High Court Declares Arrest of Chanda Kochhar and Husband Illegal in ICICI Bank – Videocon Loan Fraud Case

In a significant development, the Bombay High Court has ruled the arrest of […]

Consultease wrote a new post, "Flipkart Triumphs: Supreme Court Greenlights Rs. 6.6 Cr VAT Refund"

Tue, 06 Feb 2024 06:53:54 +0000

“Supreme Court Upholds Delhi High Court Order, Grants Flipkart Rs. 6.6 Cr VAT Refund”

The Supreme Court recently affirmed a significant decision by the Delhi High Court, allowing e-commerce […]

Consultease wrote a new post, "Supreme Court's Suo Motu Jurisdiction Clarification"

Tue, 06 Feb 2024 05:41:27 +0000

The Supreme Court, in response to a Single Judge of the Madras High Court taking suo motu revision against the discharge of Tamil Nadu Revenue Minister KKSSR Ramachandran in a corruption case, […]

Consultease wrote a new post, Streamlining Tax Disputes: GSTAT's Journey

Mon, 05 Feb 2024 12:39:19 +0000

1. Legislative Milestones: Central GST (Second Amendment) Bill Approval

Parliament’s Approval of the Bill
Amendments to Age Limits for GSTAT President and Members
Synchronization with Tribunal Reforms […]

Consultease wrote a new post, "GST Cross-Empowerment: Legal Limbo & Taxpayer Rights"

Mon, 05 Feb 2024 07:59:28 +0000

Cross-Empowerment of Central and State Authorities Under GST: Judicial Views
The Goods and Service Tax (GST) regime in India has brought about a new system of taxation, where both the central and state […]

Consultease wrote a new post, Overview of Key Changes in ITR Forms for Assessment Year 2024-25

Mon, 05 Feb 2024 07:02:20 +0000

Introduction:
The Income Tax Department has introduced significant changes in the Income Tax Return (ITR) forms for the Assessment Year 2024-25, aimed at streamlining the filing process and ensuring compliance […]

Consultease wrote a new post, "Paytm Ban: Navigating the Future of Digital Banking"

Sat, 03 Feb 2024 06:27:05 +0000

Introduction
The recent news of the Reserve Bank of India (RBI) banning Paytm has sparked widespread reactions and even led to the creation of memes. However, this decision didn’t happen overnight and is the […]

Consultease wrote a new post, High Court Interim Order in Abdus Sami Saifi v. Union of India and Ors.: Insights and Ramifications

Fri, 02 Feb 2024 12:47:20 +0000

Introduction:
The case of Abdus Sami Saifi v. Union of India and Ors. [Civil Writ Petition No. 892/2024] recently came before the Hon’ble Rajasthan High Court, raising crucial questions regarding the validity o […]

Consultease wrote a new post, CBIC Resumes Bill of Entry Filing Services: Enhancing Customs Clearance Efficiency

Fri, 02 Feb 2024 11:25:15 +0000

Introduction:
The Central Board of Indirect Taxes and Customs (CBIC) has taken proactive steps to resume Bill of Entry filing services following the incorporation of budget-related changes in the Customs […]

Consultease wrote a new post, Demystifying Advance Tax Provisions: An In-depth Analysis of Sections 207 to 219 of the Income Tax Act, 1961

Thu, 01 Feb 2024 09:38:57 +0000

Deciphering Advance Tax Provisions: A Deep Dive into Sections 207 to 219 of the Income Tax Act, 1961:
Understanding the nuances of the Income Tax Act, 1961, particularly Sections 207 to 219, is […]

Consultease wrote a new post, Contract Law in the Digital Age: Navigating the Rise of Digital Sales

Thu, 01 Feb 2024 07:58:06 +0000

In the digital age, the landscape of commerce has undergone a significant transformation with the rise of e-commerce platforms and digital sales. As consumers increasingly turn to online channels for their […]

Consultease wrote a new post, Digital Tax Proposals: Preparing E-commerce Businesses for Change

Thu, 01 Feb 2024 07:38:36 +0000

Abstract:
Digital tax proposals have significant implications for e-commerce businesses. This article explores the impact of proposals, strategies for compliance, and optimizing tax […]

Consultease wrote a new post, "New Tax Rules Unveiled: Simplifying Income Tax Returns for Companies"

Wed, 31 Jan 2024 09:54:33 +0000

The Central Board of Direct Taxes (CBDT) has recently notified the Income Tax Return (ITR) Form ITR-6 for the Assessment Year (A.Y.) 2024-25, which will come into effect from April 01, 2024. This […]

Consultease wrote a new post, These reforms will change GST for ever

Wed, 31 Jan 2024 08:42:11 +0000

As anticipation builds for the Interim Union Budget 2024, a significant announcement is expected to shake up the landscape of Goods and Services Tax (GST) in India. The buzz surrounds proposed reforms aimed at […]

Consultease wrote a new post, "Streamlining GST Notices and Orders: A Revamped Portal Experience for Taxpayers"

Wed, 31 Jan 2024 08:06:55 +0000

In recent times, many taxpayers using GST portals found themselves inundated with notices and orders from the GST Department. This surge was due to the expiration of the limitation period for issuing notices and […]

Consultease wrote a new post, "Decoding Cryptocurrency Taxation: A Guide for Investors in Uncharted Waters"

Wed, 31 Jan 2024 07:30:40 +0000

Demystifying Cryptocurrency Taxation: A Guide for the Navigating Investor
The meteoric rise of cryptocurrencies has ignited excitement and intrigue, attracting legions of individuals eager to dive into the […]

Consultease wrote a new post, [justin] Blocking of E-way bill without E-invoice is withdrawn?

Wed, 10 Jan 2024 11:03:05 +0000

Some days back department decided to block the E-way bill generation in case of non preparation of E-invoices. But via an update on their website on 10-01-2024, They have withdrawn the blocking.

As you […]

Consultease wrote a new post, Article 21 and 226, impacting citizens' liberties

Mon, 27 Nov 2023 12:35:59 +0000

Indira Gandhi’s declaration of a National Emergency in 1975 suspended fundamental rights, notably Article 21 and 226, impacting citizens’ liberties. During that period, it wasn’t individuals facing trial but the […]