1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth GST Revenue May 2023 (6)
Income Tax
GST Intelligence raid: Tax evasion of over Rs 1000 crores detected at jewellery stores in Kerala: More action likely in other parts of the country
GST Intelligence raid: Tax evasion of over Rs 1000 crores detected at jewellery stores in Kerala: More action likely in…
Form 10AB got rejected, can apply for the condonation till 30.09.23: CBDT
Form 10AB got rejected, can apply for the condonation till 30.09.23: CBDT CBDT has given a Big Relief…
No discrepancies in the audited books of accounts – Bogus purchase addition deleted by Delhi ITAT
No discrepancies in the audited books of accounts – Bogus purchase addition deleted by Delhi ITAT The addition of bogus…
Exemption u/s 54EC is available in respect of investment made within six calendar months after the date of transfer not within 180 days: ITAT
Exemption u/s 54EC is available in respect of investment made within six calendar months after the date of transfer not…
Condonation of dealy in filling refund claim and claim of carry forward of lossess under section 1196(2)(b) of the Income-tax Act, 1961.
Condonation of dealy in filling refund claim and claim of carry forward of lossess under section 1196(2)(b) of the Income-tax…
Assessment oder passed without DIN quashed by ITAT
Assessment oder passed without DIN quashed by ITAT Asstt Order without DIN quashed - (1)
If the Assessing Officer has not furnished the relevant documents based on which the show-cause notice u/s. 148A(b) of the Income-tax Act 1961 has been issued it Amount to gross violation of principles of natural justice
If the Assessing Officer has not furnished the relevant documents based on which the show-cause notice u/s. 148A(b) of the…
CGST issues Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards
CGST issues Standard Operating ProcedureCGST issues Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards for Scrutiny of…
ITAT deletes LTCG on notionally calculated fictitious sale of jewellery
ITAT deletes LTCG on notionally calculated fictitious sale of jewellery Ballabh Prasad Aggarwal (ITA No. 2351/Del/2019) Facts: A…
ITC Will Be Available For the Period from The Date of Cancellation of Registration to The Date of Restoration of Registration
ITC Will Be Available For the Period from The Date of Cancellation of Registration to The Date of Restoration of…
CBDT notifies Rs. 25,00,000 for leave encashment exemption under Section 10(10AA)
CBDT notifies Rs. 25,00,000 for leave encashment exemption under Section 10(10AA) Notification No. 31/2023/F. No. 200/3/2023-ITA-I, dated 24.05.2023…
Mere use of software by the distributor is not royalty: ITAT Bangalore
Mere use of software by the distributor is not royalty: ITAT Bangalore Deputy Commissioner of Income Tax vs. M/s.…
Karnataka HC quashed SCN of Rs. 21,000 crores issued to Gameskraft’s online gaming activities.
Karnataka HC quashed SCN of Rs. 21,000 crores issued to Gameskraft’s online gaming activities. This case argued by who’s…
Rs. 2,000/- Notes Demonetization: FAQs by the RBI
Rs. 2,000/- Notes Demonetization: FAQs by the RBI Why are the Rs 2,000 denomination banknotes being withdrawn? The…
Demonetisation of Rs. 2000/- How it is different from earlier demonetisation Rs. 500/- & Rs. 1,000/-
Demonetisation of Rs. 2000/- How it is different from earlier demonetisation Rs. 500/- & Rs. 1,000/- However, it may…
Income Tax Dept. issued FAQs for Submitting Response to Notices and Letters Received under E-Verification Scheme, 2021
Income Tax Dept. issued FAQs for Submitting Response to Notices and Letters Received under E-Verification Scheme, 2021 Income…
Rule 11UA amended by CBDT for angel tax on funds raised from non-residants.
Rule 11UA amended by CBDT for angel tax on funds raised from non-residants. The CBDT has issued Press Release proposing…
