Validity of Cash Deposits during demonetisation period if the same is forming the part of the books of accounts

Meaning of term month used in phrase ‘month or part of the month’ specified under Sec.201(1A):

Merely 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-parte

Phased Implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 01.04.2023

TDS refund cannot be withheld merely because assessment notice is issued: Delhi HC

PAN CARD – AADHAAR CARD LINKING: EXTENSION FOR 1 YEAR

ICAI Guide on the audit trail applicability to companies from 1st April 2023

High Court of Karnataka quashes Rule 89(4) (C) of CGST Rules, 2017

Even 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.

GST rate notified on Rab when sold in pre- packaged & labelled

Date of last panchanama is the starting point of limitation for completion of block assessments: SC

Before 31st March ends – GST Points to be kept in Mind

ITC Benefit cannot be denied based on allegations of fake invoice procurements on the supplier of the claimant

Audit trail feature has to be made a part of accounting software from 1st April, 2023

Debt Mutual Funds & Taxation wef 1st April 2023:

Claim of Expenses by Charitable Institutions & New Amendment Applicable from FY 2022-23

Addition merely on the basis of 26AS is not sustainable – Assessee cannot be burdened for everything

TDS on Royalty paid to non residents hiked to 20% in the Finance Bill 2023.