Income Taxother topicNotices/ orders cannot be issued to an amalgamated entity even though PAN is still active: Bombay HC17 Nov 20230Notices/ orders cannot be issued to an amalgamated entity even though PAN is still active: Bombay HC Diversey India…
Income Taxother topicAssessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs 1128 Crores: Bombay HC10 Nov 20230Assessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs…
Income Taxother topicStandard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The Faceless Assessment Provision of Section 144B of the Income-tax Act.8 Nov 20230Standard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The…
Income Taxother topicCapital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court23 Oct 20230Capital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court The Supreme court has laid down a…
TDSTDS to be deducted only on commission charges and not on gateway charges: ITAT20 Oct 20230TDS to be deducted only on commission charges and not on gateway charges: ITAT M/s. Knowledge Hut Solutions…
Income Taxother topicTaxation of Joint Development Agreement with the builder by legal heir of Ancestral Property16 Oct 20230Taxation of Joint Development Agreement with the builder by legal heir of Ancestral Property [Query 1] We have inherited the…
Income Taxother topicAn Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai9 Oct 20230An Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai Date:- 07/10/2023 To, Shri Devendra…
Income TaxTDSTDS Mismatch while filing income tax Return: Issue & Solution11 Sep 20230TDS Mismatch while filing income tax Return: Issue & Solution Taxpayers are eligible for credit towards Tax Deduction…
GSTIncome Taxother topicTDSTax Compliance Chart for August 20234 Sep 20231 CommentTax Compliance Chart for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1 Income Tax TDS/TCS Liability…
TDSCBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment years2 Sep 20230CBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment…
TDSNew File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns1 Sep 20230New File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns New File Validation Utility…
TDSTDS not required to be deducted on commission paid to overseas agents: Delhi HC21 Aug 20230TDS not required to be deducted on commission paid to overseas agents: Delhi HC Case Title: PCIT Versus…
Income Taxother topicSuggestion invited by CBDT on Draft Form No. 6C formulated for inventory valuation by Cost Accountant.18 Aug 20230Suggestion invited by CBDT on Draft Form No. 6C formulated for inventory valuation by Cost Accountant. CBDT invites comments…
GSTIncome TaxTDSStatutory and Tax Compliance Calendar for August 20232 Aug 20230Statutory and Tax Compliance Calendar for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
TDSTDS U/S 194Q on payments made to Kachha Arahitia14 Jul 20230TDS U/S 194Q on payments made to Kachha Arahitia Kachha Arahitia are involved in selling crops on behalf of farmers.…
Income Taxother topicROC Delhi Imposes Penalty for Missing Minute Book Date and Serial Number5 Jul 20230ROC Delhi Imposes Penalty for Missing Minute Book Date and Serial Number The maintenance of accurate and comprehensive minutes is…
Income Taxother topicED attached the properties and bank balance of a CA & Statutory auditor of Shakti Bhog Foods Ltd22 Jun 20230ED attached the properties and bank balance of a CA & Statutory auditor of Shakti Bhog Foods Ltd ED…
Income Taxother topic“Corporate Compliance Calendar for the m/o June, 2023”.9 Jun 20230“Corporate Compliance Calendar for the m/o June, 2023”. About Article: This article contains various Compliance requirements for the Month of June, 2023under various…