All about Section 115BAC & Form No. 10BEA as per CBDT notification No. 43 Dt. 21.6.23.

ED attached the properties and bank balance of a CA & Statutory auditor of Shakti Bhog Foods Ltd

Rule 21AGA inserted in the Income Tax Rules to provide for exercising of option under section 115BAC (1A)(6) of the Income Tax Act-1961, Form No. 10IEA  prescribed

Notice U/S 143(2) is a precondition for income tax assessments in limited scrutiny cases: Madras HC

Interest subsidy received under technology upgradation fund is a capital receipt: ITAT Mumbai

Absence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT

Capital Gain Tax on Sale of Inherited property

Business profits of a foreign company cannot be taxed unless there exists a PE.

Transfer of lease hold rights – Whether section 50C of IT Act is applicable?

GST E-Invoice Verifier App by GSTN

High percentage of GST registrations are getting rejected: RTI report

“Corporate Compliance Calendar for the m/o June, 2023”.

Post of joint commissioner (Appeal) & Additional commissioner (Appeal) created in Income Tax Department

Generation and quoting of Document Reference Number on search and inspection documents/ communication issued by the officers of the Karnataka GST Dept

INCOME PROOF NOW MADE MANDATORY FOR Rs 10 LAKH INVESTMENTS IN POST OFFICE SAVINGS SCHEMES.

MCA notification – Form CSR 2 shall be filed separately for FY 22-23 after filling AOC 4 XBRL

Making of a claim which is not sustainable in law by itself will not amount to furnishing of inaccurate particulars of income

Attachment of the bank account of the person owing debt of the taxable person in question cannot be subject to a provisional attachment order U/s 83 of the CGST Act : Delhi HC