GSTGST: Selected wrong year while making a payment through Form DRC-03?31 Mar at 10:37 am0GST: Selected wrong year while making a payment through Form DRC-03? Here’s a relevant case law to help you…
TDSVIA Representation for extension of time limit for TDS correction statements pertaining to Financial Year 2007-08 to 2018-19.31 Mar at 10:27 am0VIA Representation for extension of time limit for TDS correction statements pertaining to Financial Year 2007-08 to 2018-19. Ref…
Income TaxStep-Sibling is a ‘Relatives’ Under Section 56(2)(vii) – Tax Exemption available: ITAT31 Mar at 7:39 am0Step-Sibling is a ‘Relatives’ Under Section 56(2)(vii) – Tax Exemption available: ITAT The primary issue in this case revolved…
Income TaxAn overview of recent cases by Bombay High Court on Bogus Purchase vs. Addition under section 69C31 Mar at 7:24 am0An overview of recent cases by Bombay High Court on Bogus Purchase vs. Addition under section 69C Recently Hon’ble…
Income TaxNo reopening permissible if there is no failure on the part of the assessee disclose the full and true facts during assessment proceeding: SC in Mangalam Publication vs. CIT31 Mar at 4:38 am0No reopening permissible if there is no failure on the part of the assessee disclose the full and true facts…
Income TaxReopening for Change of opinion which is not permissible: Bombay HC31 Mar at 1:53 am0Reopening for Change of opinion which is not permissible: Bombay HC In Dilip Powar Vs. ITO before the Bombay…
Income TaxKey Income Tax Changes applicable from 1st April 202531 Mar at 1:30 am0Key Income Tax Changes applicable from 1st April 2025 The Finance Bill – 2025 has officially received the President’s assent on 29th March…
Income TaxNew Compliance for companies purchasing good/service from MSME29 Mar at 9:58 am0New Compliance for companies purchasing good/service from MSME MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES NOTIFICATION New Delhi, the…
Income TaxKey Amendments to Tax Audit Report (Form 3CD) – Effective from April 1, 2025 (FY 24/25):29 Mar at 2:10 am0Key Amendments to Tax Audit Report (Form 3CD) – Effective from April 1, 2025 (FY 24/25): 1. Additional reporting…
Income TaxEstimated rate of Gross Profit should be arrived at taking into due consideration the specific circumstances prevailing in the Assessee’s case: ITAT 29 Mar at 1:46 am0Estimated rate of Gross Profit should be arrived at taking into due consideration the specific circumstances prevailing in the Assessee’s…
Income TaxBombay High court dismissed writ petition as petitioner has already availed an alternate remedy – Imposed costs of Rs. 1 Lakh.29 Mar at 1:25 am0Bombay High court dismissed writ petition as petitioner has already availed an alternate remedy – Imposed costs of Rs. 1…
Income TaxAdditional Deduction of 90% of an Employee’s Salary as an additional Deduction!28 Mar at 3:21 am0Additional Deduction of 90% of an Employee’s Salary as an additional Deduction! If any employer is hiring new employees,…
Income TaxMadras High Court: Voluntary Payment in Form GST DRC-03 to be Treated as Pre-Deposit for Appeals!28 Mar at 2:55 am0Madras High Court: Voluntary Payment in Form GST DRC-03 to be Treated as Pre-Deposit for Appeals! In a landmark…
Income Tax35 Amendment proposed while moving the Finance Bill 2025 in the Lok Sabha: An overview of key amendment 28 Mar at 2:13 am035 Amendment proposed while moving the Finance Bill 2025 in the Lok Sabha: An overview of key amendment Continuing the…
Income TaxNotice u/s. 143(2) issued by non-jurisdictional AO is bad-in-law: ITAT Kolkata28 Mar at 1:44 am0Notice u/s. 143(2) issued by non-jurisdictional AO is bad-in-law: ITAT Kolkata Facts: 1. A notice u/s 143(2) of the…
Income TaxMaking March Meaningful: CSR Compliances before 31st March Ends28 Mar at 1:23 am0Making March Meaningful: CSR Compliances before 31st March Ends Before the Financial Year ends 2025, CSR heads of the corporate…
Income TaxMadras High Court Accepts Petitioner’s Ignorance as Genuine Due to Failed Notices via Portal, Email, and RPAD, and 8-Year Delay Since Transaction27 Mar at 7:26 am0Madras High Court Accepts Petitioner’s Ignorance as Genuine Due to Failed Notices via Portal, Email, and RPAD, and 8-Year Delay…
GSTIssues in Filing Waiver Applications (SPL 01/SPL 02)-GSTN Notification27 Mar at 7:15 am0Issues in Filing Waiver Applications (SPL 01/SPL 02)-GSTN Notification Following grievances faced by taxpayers have come to the notice…