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Canada cracks down on TikTok; orders shutdown of business No social media for children below 16 in Australia China extends support for political transition in Myanmar Beijing arrests AstraZeneca’s boss in China German coalition govt collapses; Chancellor Olaf Scholz fires FM; calls for confidence vote Biden rushes military aid to Ukraine as Trump is coming Hurricane Rafael smashes Cuba; Power Grid gives in Astronomers detect two Black Holes; Unusual behaviour upsets conventional theories Ramaswamy says America deserves a ‘badass Commander-in-Chief’ right now & that’s what it got Riyadh to host WIPO talkfest to conclude Design Law Treaty Japan launches world’s first wooden satellite PM Vidyalaxmi - Central scheme to fund higher education for meritorious students GST - HC had held that petitioner should avail statutory remedy by filing appeal u/s 107 - SLP filed against this order dismissed: SC LB Cabinet approves Rs 10700 Crores ways and Means Advance for FCI India’s services PMI jumps to 58.5 in Oct month CBDT's special drive clears over 3.20 lakh files; over 53000 public grievances resolved World Travel Market - GoI delegation aims for increased tourist footfall from UK GST - Search and seizure operations u/s 67 are not for the purpose of seizing unaccounted income - said field is covered by the Income Tax Act, 1961: HC Dues and Don'ts of Voluntary Payments Judiciary ideates digitally transformed Courtrooms Jaishankar says whoever wins, America will be more isolationist French tax authorities raid Netflix offices in Paris Gaganyaan Mission moved to 2026 as ISRO to focus on safety PM E-DRIVE Scheme: Electric Vehicle Sales Soar India-Qatar FIUs meet in New Delhi to enhance cooperation

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VISION 360 -
'A Treasury of Key Tax &
Regulatory Developments!'

October 2024 Edition

Technical Session I - Ease of Doing Business: GST on Digital Economy

November 06, 2024

TP - No separate ALP adjustment is required for payment of royalty if TNMM approach has been adopted at entity level: ITAT

November 05, 2024

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Misc - There is no violation of procedure on part of management in terminating services of employee, if employee had accepted one month salary in lieu of notice, as per appointment letter: SC

November 06, 2024

PMLA-Order imposing penalty for failure to carry out statutory obligation will not ordinarily be imposed unless party obliged either acted deliberately in defiance of law or was guilty of conduct: HC

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