Tata Housing Development Company Ltd vs PCIT (ITAT Mumbai) sub-section (5) to Section 23 has been inserted by the Finance Act, 2017 w.e.f. 01-4-2018, whereby notional annual value of property/part of property held has stock-in-trade has been brought to tax subject to conditions specified in the newly inserted sub-section. The amendment is substantive in nature […]
Notification No. 48/2020-Customs (N.T./CAA/DRI), Dated: 05.10.2020 Principal Director General, Revenue Intelligence, hereby appoints officers mentioned in column (5) of the Table below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers mentioned in column (4) of the said Table in respect of noticees mentioned in column (2) of the said Table for the purpose of adjudication of show cause notices mentioned in column (3) of the said Table, namely:-
Notification No. 47/2020-Customs (N.T./CAA/DRI) Principal Director General, Revenue Intelligence, hereby makes the following amendments in the Notification No. 43/2020-Customs (N.T./CAA/DRI) dated 10.09.2020 published vide S.O. 3125(E) dated 14.09.2020.
Fabline Engineers Pvt. Ltd. Vs ITO (ITAT Kolkata) This appeal preferred by the assessee is directed against the order of the Ld. CIT (Appeals) – 7, Kolkata dated 28-02-2018 passed ex parte, whereby he dismissed the appeal of the assessee for non-prosecution. 2. The assessee in the present case is a company, which is engaged […]
Important decisions taken by the Council of the ICSI at its meeting held on 26th September, 2020 1. Approved the Annual Accounts and Annual Report of the Institute for the Financial Year 2019-20. 2. Setting up of ICSI Overseas Centre at Singapore, Australia and Canada.
When a layman wants to start business, it is commonly doubtful to choose the most suitable business form for new business entity. There are many business forms which an entrepreneur may choose, but the most commonly chosen business forms are private limited company and LLP. These are the common pillars for an entrepreneur to build […]
Tips for CS student – Part II # What Should we do for effective study # so much tension going in our mind # I will help you You must be thinking what should we do for study? How many hours should we study? Here I’m let you know my study time table to you. […]
In the instant case, petitioner seeks a direction to the respondent authorities to allow the petitioner’s revision of returns for the year 2017-18 as per the provisions of DVAT Act and Rules.
Below Video by CA Bimal Jain explains How to do Compliance of GST ITC as per GSTR 2A – GSTR 2B – Rule 36(4) in GSTR 3B of September, 2020. GSTR 2A is a purchase-related tax return that is automatically generated for each business by the GST portal. GSTR-2B is a new static month-wise auto-drafted […]
As per finance Act 2020, section 206C (1H) is introduced by government. It states that every person whose turnover in preceding financial year is more than 10 crore and in previous year, consideration received from any customer of more than 50 Lakh, then seller is required to collect TCS at 0.1% from customer. The Section […]
