The present petition is file to seek bail to the person accused of fraudulently availing Input Tax Credit (ITC) and allegedly involved in the tax evasion? The Court has admitted bail on furnishing bail bond in the sum of Rs.1 Lakh with one surety of like amount subject to the conditions.
Tax Bar Association, Kota has made a request for Extension of due date for submitting Tax Audit Report and for filing IT Returns to 31st March 2021 to ameliorate the difficulties faces by the assessee in this corona period. Tax Bar Association, Kota Hon’ble Smt. Nirmala Sitharaman Ji Union Minister of Finance, Ministry of Finance, […]
Tax Bar Association, Alwar has made request for Extension of due date for submitting Tax Audit Report and for filing IT Returns of F.Y. 2019-20 to 31st March 2021. Tax Bar Association, Alwar Date 08.10.2010 Hon’able smt. Nirmala Sitaraman ji Union Minister of Finance, Ministry of Finance, Govt. of India. North Block, New Delhi.110001 Email […]
Udaipur Tax Bar Association requested for Further Extension of due dates for filing of both Income Tax Returns (ITR) & Tax Audit Reports (TAR) for F.Y. 2019-20 (A.Y. 2020-21) UDAIPUR TAX BAR ASSOCIATION 10.10.2020 Hon’able Smt. Nirmala Sitaraman Union Finance Minister, Ministry of Finance, Govt. of India, North Block, New Delhi — 110001 Email ID […]
We therefore requested that CBDT shall also exercise discretionary power vested u/s 119 of I.T Act 1961 by extended the due date to 31st March 2021 to ameliorate the difficulties faced by assessee in this corona period.
Highlights of the 42nd GST Council Meeting Held on 5 October 2020 The 42 GST council meeting has taken some major decision based on the GSTR 1 and 3B quarterly filing. Also, the meeting took concern on the revenue compensation and has said that it will announce decision on the upcoming 12th October on this issue. Other […]
Introduction From the early stages of our ruling government, our hon’ble Prime Minister Mr. Narendra Modi emphasizing on ‘Labour Law Reforms’ & ‘Ease Of Doing Business’. Actually these two terms are interrelated with each other, as we are going to make reforms in our Labour Laws it will significantly impact on our, “Ease of Doing […]
Internal Controls are systematic and procedural steps adopted by an organization to mitigate risks, primarily in the areas of financial accounting and reporting, operational processing and compliance with laws and regulations. Internal Controls (ICs) are essentially risk mitigation steps taken to strengthen the organization’s systems and processes, as well as help to prevent and detect […]
Lakshya Budhiraja Vs Union of India (Delhi High Court) The petition has been listed before this Bench by the Registry in view of the urgency expressed therein. The same has been heard by way of video conferencing. Present writ petition has been filed seeking a direction to the respondents to grant an opportunity of hearing […]
Lease rentals arising out of use and occupation of a cold storage unit which was for Commercial Purpose was an ‘Operational Debt’ as envisaged under Section 5 (21) of the Code.
