Filing of Income Tax Returns-Importance of Due Date

CBDT standardizes Process for Approval/Renewal of Electoral Trust

Applicability of GST on pre-packaged and labeled items

Reassessment initiated on the basis of change of opinion not valid – Assessment quashed by Bombay HC

AO has power to cancel the Trust Registration Certificiate U/s 12A?

Revised return cannot transform original return in to a return U/s 139(3) so as to avail the benefit of carrying forward or set-off of any loss

Proper officer has no jurisdiction to issue SCN on a person whose taxable turnover is less than threshold limit: Delhi HC

Sufficiency of reasons to believe cannot be looked into for considering the validity of the search proceedings:

Fine of Rs. 17,000/- on the company and Directors for not furnishing CIN on letter head of the company

GSTR-1 may not be required to be filed after E-invoicing made mandatory for all the taxable persons.

Filing of appeals in the case of identical issues:New Form issued

Notice calling for suggestions, views, comments etc. from stakeholders on comprehensive changes in FORM GSTR-3B

Non Appointment of CS by Company: RCO imposed penalty of Rs. 18.23 Lakh

E-invoicing to be made mandatory for person with Turnover of Rs. 5cr from January, 2023

Know about the Observation of the Supreme Court on the phrase “Reason to Believe”

Best Known Global Tax Haven Countries – Know about it

The Hon’ble NCLAT full bench overturns its two previous judgements to clarify that Licensor for payment “ License Fees” will be treated as Operational Creditor and “ License Fees” is an Operational Debt.

Charitable Trust in Maharashtra liable to pay 3% contribution from 2009 onwards