COMPLIANCE CHART JUNE-2022

Assessment made on ad hoc basis by disallowing labour expenses without evidences is not maintainable

Amendment by Finance Act, 2021, to section 36(1)(va) and 43B is not clarificatory

Before Accepting new audit assignment of existing company, ensure compliances with the CARO 2020

Progressive as well as futuristic scheme of re-assessment whose intent is laudatory has in its implementation not only been rendered nugatory but has also had an unintended opposite result: Delhi High Court

An Overview of Amendment in Faceless Penalty scheme by CBDT: Mandatory personal hearing allowed

CBDT: Functionality under section 206AB and 206CCA of the Income-tax Act, 1961

HC imposes cost of Rs. 50,000 on Income-tax Dept. for illegal recovery of disputed tax demand

YOU HAVE OPTION TO OPT OUT FROM GROUP INUSURANCE POLICY ALSO

High Court directed for initiation of appropriate proceeding against the Revenue official for abuse of power in issuing order U/s 148A(d)

LLP Date Extension: Form 11 (Annual Return) can be filed upto 30th June 2022 without additional fees by LLPs.

ITR FILING IS MANDATORY IN BELOW MENTIONED SITUATIONS

Handbook on Statement of Donations Received

Limited Scrutiny can be converted to Complete Scrutiny only with Approval of PCIT in writing

New CARO 2020 & the precaution by the Auditor before finalizing audit report

Relevance of GKN Driveshaft in the context of new Law & Order passed u/s 148A(d) without considering the submissions: Delhi High Court

Should you gift or bequeath your assets through a Will

AO not applied his mind in respect of allegation of bogus purchase: High Court quashes the order passed by the AO u/s 148A(d)