Brief article on “SEBI allows Stock Exchanges to launch futures contracts in corporate bond indices”

Suggestion on Taxation of Co-operative Societies by BJP CA Cell, Mumbai

CBIC circular No. 189/2023: Clarification about GST rates and classification of goods

CBIC issued circular on clarification on classification of certain services no 190/2023

Income Tax Return filing Fees may find the place in Union Budget – 2023?

Section 127 of the Income Tax Act-1961: Inconvenience of assessee has to be balanced against department’s right to carry its functions

Benefit of Circular 183/15/2022-GST dated 27-Dec-2022 resolving the ITC mistmatches between GSTR 3B and GSTR 2A applies to FY 2019-20 also: Karnataka High Court

Clarification regarding GST rates and classification of certain goods based on the recommendations of the GST Council in its 48th meeting held on 17th December, 2022 –reg.

New Functionality in GST Returns: A Short Overview

GST Advisory on “Initiating Drop Proceeding” by taxpayers

Penalty imposed on the Auditor for non classification & disclosure of the loans in the Audited Financial Statements

Loss on account of purchase of distribution rights of the film ‘Arakshan’ is a capital loss: ITAT

HC sets aside the Tribunal order which has copied the CIT(A) findings verbatim:

Highest Direct Tax Collection of Rs. 14.71 Lakh Crore till 10th January 2023

Delayed filing of GSTR 1/3B & Denial of ITC vis a vis Principal of Natural justice and was violation of Article 14 of the constitution of India.

Limit of Rs. 5,000 applicable on interest income to report in Statement of Financial Transactions (SFT) by the reporting entities abolished

Validity of addition solely on the basis of a statement that some payments were made

Section 127 of the Income Tax Act-1961: There is no absolute right to be assessed in a particular Territory