Income TaxIT JudgementMeaning of term month used in phrase ‘month or part of the month’ specified under Sec.201(1A):2 years agoMeaning of term month used in phrase ‘month or part of the month’ specified under Sec.201(1A): “Consequences of…
Income TaxMerely because the assessee failed to submit the grounds of appeal as an attachment at the time of fling Appeal could not be a basis to pass the order ex-parte2 years agoMerely because the assessee failed to submit the grounds of appeal as an attachment at the time of fling Appeal…
CircularPhased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.20232 years agoPhased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023 The copy of the order is…
TDSTDS refund cannot be withheld merely because assessment notice is issued: Delhi HC2 years agoTDS refund cannot be withheld merely because assessment notice is issued: Delhi HC Oyo Hotels and Homes…
Income TaxPAN CARD – AADHAAR CARD LINKING: EXTENSION FOR 1 YEAR2 years agoPAN CARD – AADHAAR CARD LINKING: EXTENSION FOR 1 YEAR Last date for linking of PAN-Aadhaar Extension Posted…
Income TaxICAI Guide on the audit trail applicability to companies from 1st April 20232 years agoICAI Guide on the audit trail applicability to companies from 1st April 2023 Guide to Audit Trail
IT JudgementHigh Court of Karnataka quashes Rule 89(4) (C) of CGST Rules, 20172 years agoHigh Court of Karnataka quashes Rule 89(4) (C) of CGST Rules, 2017 High Court of Karnataka quashes Rule…
GSTEven if a taxpayer has rendered services on behalf of a third party, the same would not result falling within the definition of ‘intermediary, provided the taxpayer renders the services.2 years agoEven if a taxpayer has rendered services on behalf of a third party, the same would not result falling within…
GSTGST rate notified on Rab when sold in pre- packaged & labelled2 years agoGST rate notified on Rab when sold in pre- packaged & labelled Based on the recommendation of the…
Income TaxDate of last panchanama is the starting point of limitation for completion of block assessments: SC2 years agoDate of last panchanama is the starting point of limitation for completion of block assessments: SC Facts: The…
GSTBefore 31st March ends – GST Points to be kept in Mind2 years agoBefore 31st March ends – GST Points to be kept in Mind 1) Billing Series: New billing series…
Cgst ActsGSTIncome TaxITC Benefit cannot be denied based on allegations of fake invoice procurements on the supplier of the claimant2 years agoITC Benefit cannot be denied based on allegations of fake invoice procurements on the supplier of the claimant Balaji…
Income TaxAudit trail feature has to be made a part of accounting software from 1st April, 20232 years agoAudit trail feature has to be made a part of accounting software from 1st April, 2023 It has…
Capital GainIncome TaxDebt Mutual Funds & Taxation wef 1st April 2023:2 years agoDebt Mutual Funds & Taxation wef 1st April 2023: The new debt mutual fund taxation is effective from 1st April…
Income TaxClaim of Expenses by Charitable Institutions & New Amendment Applicable from FY 2022-232 years agoClaim of Expenses by Charitable Institutions & New Amendment Applicable from FY 2022-23 Charitable institutions enjoy tax exemption under…
Income TaxAddition merely on the basis of 26AS is not sustainable – Assessee cannot be burdened for everything2 years agoAddition merely on the basis of 26AS is not sustainable – Assessee cannot be burdened for everything The…
TDSTDS on Royalty paid to non residents hiked to 20% in the Finance Bill 2023.2 years agoTDS on Royalty paid to non residents hiked to 20% in the Finance Bill 2023 Tax Rate u/s 115A for…
Income TaxHusband Entitled To TDS Credit On Interest Earned From Amount Gifted To His Wife ITAT2 years agoHusband Entitled To TDS Credit On Interest Earned From Amount Gifted To His Wife ITAT IN THE INCOME TAX …