Income TaxDisallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur28 Feb 20230Disallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,’A’…
Income TaxIT JudgementSection 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty is not applicable.28 Feb 20230Section 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty…
GSTAdvisory on opting for payment of tax under the forward charge mechanism by a Goods Transport Agency (GTA)28 Feb 20230Advisory on opting for payment of tax under the forward charge mechanism by a Goods Transport Agency (GTA) 25/02/2023…
Head Of IncomeIncome TaxList of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards)28 Feb 20230List of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards) WhatsApp Image 2023-02-27 at 23.18.39
IT JudgementSeconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT28 Feb 20230Seconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT M/s. Google LLC (IT(IT)A No. 167 & 688/Bang/2021/22) Facts:…
Income TaxIT JudgementIf one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.27 Feb 20230If one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.…
GSTLower E invoicing turnover Limit wef 01.04.202327 Feb 20230Lower E invoicing turnover Limit wef 01.04.2023 The e-invoice portal so far has been run by state-owned NIC. In…
BudgetCapital GainIncome TaxRs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview27 Feb 20230Rs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview “I propose…
IT JudgementNo additions based on statements of ex-employees & dealers without allowing assessee to crossing examine them: ITAT27 Feb 20230No additions based on statements of ex-employees & dealers without allowing assessee to crossing examine them: ITAT ITAT Chandigarh has…
GSTAdvisory on New e-Invoice Portal25 Feb 20231 CommentAdvisory on New e-Invoice Portal Dear Valued Taxpayers, 1. We would like to inform you that GSTN has onboarded four…
Income TaxWhether provision for warranty can be allowed as an expense under Income Tax Act?25 Feb 20230Whether provision for warranty can be allowed as an expense under Income Tax Act? A warranty is written guarantee, issued…
GSTAdvisory on Geocoding of Address of Principal Place of Business25 Feb 20230Advisory on Geocoding of Address of Principal Place of Business
Income TaxNon completion of Assessment Order as per ITAT Order within the time limit: Bombay HC directs a refund of taxes paid24 Feb 20230Non completion of Assessment Order as per ITAT Order within the time limit: Bombay HC directs a refund of taxes…
Income Taxother topicAnnexure F – Form No. 5 under RERA regarding Annual Report On Statement Of Accounts – Chartered Accountant’s Certificate24 Feb 20230Annexure F – Form No. 5 under RERA regarding Annual Report On Statement Of Accounts – Chartered Accountant’s Certificate …
Income TaxPrima-facie adjustment under section 143(1)(a) towards delayed payment of PF/ESIC is not valid: ITAT Jaipur24 Feb 20230Prima-facie adjustment under section 143(1)(a) towards delayed payment of PF/ESIC is not valid: ITAT Jaipur IN THE INCOME TAX…
Income TaxPurchase of plots can’t be held stock-in-trade if assessee failed to establish that purchase was for business: ITAT24 Feb 20230Purchase of plots can’t be held stock-in-trade if assessee failed to establish that purchase was for business: ITAT …
Income TaxEnhanced New Audit report format of all charitable entities Revised w.e.f. 1-4-202323 Feb 20230Enhanced New Audit report format of all charitable entities Revised w.e.f. 1-4-2023 243777_compressed
Income TaxCo-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT22 Feb 20230Co-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT Shivani Madan…