No additional fees on filing of e-forms AOC-4/AOC-4 CFS/AOC-4 XBRL and MGT-7/MGT-7A for the FY 20-21 upto 31.12.2021
Blocking electronic credit ledger under Rule 86A must precede with reason recorded in writing and such reasons would be open to challenge at appropriate forum.
Interest on premature closure of the deposit in case of death of depositor before and after lock-in period
The Top 10 Issues Faced by Professionals & Taxpayer in GST since 2017: An excellent representation by Ambejogai Tax Practitioners Association
Unaccounted income of Rs. 200 Cr found during Income Tax Raids in Punjab: Bogus Intra group Transactions, Use of employee’s account for receiving fund, etc
The corporate veil is not to be lifted lightly: Personal property of the directors cannot be attached for the recovery of the dues of the company
A welcome compilation & representation by ICAI for improvement in the working of GST Portal in GSTR-1, GSTR-2A, GSTR-2B and GSTR-3B Returns & others
FinMin against Indiscreet Show Cause Notice (SCNs) issued by Service Tax Authorities for mismatch in data of ITR & Service Tax Returns.
Sufficient time not given to respond to the Draft Assessment Order: Final assessment order Quashed by Bombay High Court
Courts have to take liberal approach while interpreting the expression ‘sufficient cause’ for condonation of delay
RBI imposed penalties on two payment system operators – Paytm Payments Bank Ltd (PPBL) and Western Union Financial Services (WUFSI)