CBDT Circular on Applicability of TDS U/s 194R on dealers conference, OTS By bank, reimbursement of Expenses, allowability of depreciation on the gifted Car etc.
Trust Auditor; Application of funds can only be made on actual payment basis in case of trusts having 12A
Validity of the demand and penalty if the E Way bill was invalid at the time of interception of goods
Suspension of GST registration resulting in highly adverse consequences – The blanket violation of the Principle of Natural Justice? – Plea admitted before Bombay HC
SLP against the constitutional validity of Section 17(5)(d) of the CGST Act, 2017 on shopping mall, hotels, warehousing industry filed before the Hon’ble Supreme Court
Withdrawals of fund from CGAS is better than using own funds for purchase / construction of the house property
Validity of the Duty drawback and IGST/unutilized ITC refund of Exporters withheld by categorizing them as “Risky Exporter” on customs portal, Indian Customs EDI System
Bankers to launch complaint against Auditors in case of Willful Default if falsification of accounts is noticed
Penalty proceedings u/s 271(1)(c) initiated against the Assessee cannot be levied against the Legal Heir
Tax Audit & Payment to the electricity board for electricity in cash exceeding Rs. 10,000 attracts disallowance u/s 40A(3) read with Rule 6DD
Updated Income Tax Return- An option to file or Revise the ITR of earlier year with additional tax payment
MCA Crackdown on Chinese Shell Companies Operating in India: Consultant Mastermind & Chief Plotter arrested by SFIO
