Income TaxPayment made for promotion purposes is not royalty: ITAT30 Dec 20230Payment made for promotion purposes is not royalty: ITAT Facts: 1.The assessee was appointed as the official sponsor of…
Income TaxDate for reporting open balance for ITC reversal extdd to 31.1.24. Facility to amend declared open balance to be available till 29.2.2429 Dec 20231 CommentDate for reporting open balance for ITC reversal extdd to 31.1.24. Facility to amend declared open balance to be available…
GSTIncome TaxTime limit for issuance of Gst orders extended For FY 18-19 to 30.04.2024 & For FY 19-20 to 31.08.202429 Dec 20230Time limit for issuance of Gst orders extended For FY 18-19 to 30.04.2024 & For FY 19-20 to 31.08.2024 …
Income TaxSCN under Section 73 now can be issued till 31.01.2024 for FY 18-19 & till 31.05.2024 for FY 19-2029 Dec 20230SCN under Section 73 now can be issued till 31.01.2024 for FY 18-19 & till 31.05.2024 for FY 19-20 …
Income TaxAdjustment of income tax refund against demand:29 Dec 20230Adjustment of income tax refund against demand: 1.Section 245 of the Income Tax Act requires the department…
Income TaxSuggestion on Admin Difficulties at Charity Commr Office By BJP professional Cell Mumbai28 Dec 20230Suggestion on Admin Difficulties at Charity Commr Office By BJP professional Cell Mumbai The copy of the order is…
Income TaxWhether Case Can be taken up for reassessment on the basis of internal audit objection ?28 Dec 20230Whether Case Can be taken up for reassessment on the basis of internal audit objection ? The Bombay High…
Income TaxWhether Nominee under the Companies Act acquired absolute rights over the shares?27 Dec 20230Whether Nominee under the Companies Act acquired absolute rights over the shares? Here is an interesting case wherein the…
GSTIncome TaxService of Notice through GST Portal to Assessee whose Registration was Cancelled is Invalid: Madras HC27 Dec 20230Service of Notice through GST Portal to Assessee whose Registration was Cancelled is Invalid: Madras HC There are…
Income TaxDecision To Cancel GST Registration With Retrospective Effect Must Be Based On Some Objective Criteria: Delhi High Court27 Dec 20230Decision To Cancel GST Registration With Retrospective Effect Must Be Based On Some Objective Criteria: Delhi High Court The…
GSTIncome TaxMadras High Court allowed ITC for belated filing of GSTR 3B due to financial crunch.27 Dec 20230Madras High Court allowed ITC for belated filing of GSTR 3B due to financial crunch. In the case of…
Income TaxWhether salary received by a working partner from a partnership firm has to be included in Aggregate turnover for the purposes of GST27 Dec 20230Whether salary received by a working partner from a partnership firm has to be included in Aggregate turnover for the…
GSTIncome TaxBlock ITC in respect of health services- An overview of Section 17(5(b)(i) of the CGST Act, 201726 Dec 20230Block ITC in respect of health services- An overview of Section 17(5(b)(i) of the CGST Act, 2017 What does…
GSTIncome TaxShort Overview of the amendments related to the Safe Harbour Rules for intra-group loans applicable from April 1, 2024.26 Dec 20230Short Overview of the amendments related to the Safe Harbour Rules for intra-group loans applicable from April 1, 2024. …
GSTIncome TaxTaxpayers May be allowed to file revised GST Returns From April 2025.26 Dec 20230Taxpayers May be allowed to file revised GST Returns From April 2025. Experts say hundreds and thousands of…
GSTIncome TaxNo ITC Reversal of GST by customer unless Revenue cannot recover dues from supplier post proceedings against him.26 Dec 20230No ITC Reversal of GST by customer unless Revenue cannot recover dues from supplier post proceedings against him. …
Income TaxRefund of excess equalisation levy paid- Interest is also payable thereon26 Dec 20230Refund of excess equalisation levy paid- Interest is also payable thereon Hon’ble Bombay High Court vide judgement dated 18.12.2023…
Income TaxSection 69A not applicable when Books of Account are not maintained26 Dec 20230Section 69A not applicable when Books of Account are not maintained In a significant ruling, the Delhi High Court…