Trimble Information Technologies India Pvt. Ltd. Vs Commissioner of G.S.T. and Central Excise (CESTAT Chennai) With regard to Membership Subscription, it is the case of the assessee that being part of a multi-national company, the appellant is required to subscribe to various business magazines and register as a member with various business associations for promoting […]
1. (1) These regulations may be called the International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021. (2) They shall come into force on the thirtieth day of its publication in the Official Gazette.
Grasim Industries Limited Vs DCIT (ITAT Mumbai) By way of this stay application, the assessee applicant has sought a stay on collection/ recovery of tax and interest demands aggregating to Rs 3,786.34 crores in respect of the dividend distribution tax (DDT), and interest thereon, under section 115O/115Q r.w.s. 2(22)(a) of the Income Tax Act, 1961, on, what […]
M/s Ace Steel Fab (P) Ltd. Vs DCIT (ITAT Delhi) In the present appeal, the only addition made in the income was of Rs.11,52,300/- on account of estimation of Gross Profit @ 68%. It is the contention of the assessee that the discrepancy in stock was due to malfunction in the ERP software. Though, this […]
In order to bring a certain level of consistency in the practices of real estate agents, enhance knowledge and awareness of regulatory framework and practices, enforcement of code of conduct and to discourage incompetent agents, it is proposed to introduce Basic Capacity Building and Certification for Real Estate Agents. In this regard, a Steering Committee is being constituted to advise and provide recommendations for implementation ot this initiative. The composition of the Steering Committee shall be as follows:
Financial Statements are written records of a company that shows, its financial status on a particular date and for a financial year. It conveys financial performance of the company. Generally, in India Financial Year is a period starting from 1st April and end 31st March next year. A company has to prepare its financial statements […]
Gopal Gupta Vs Principal Additional Director General (Delhi High Court) FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT 1. By this petition, the petitioner challenges the Show Cause Notice dated 26th September, 2019 issued to the petitioner subsequent to the arrest, search and seizure dated 24th April, 2019 and 25th April, 2019 as also […]
Need For Challan Correction While depositing TDS payment to the Central Government Account using either Online or Offline mode, following errors can occur at the Deductor’s end or Bank’s end:- 1. Mentioned Other TAN Number 2. Mentioned PAN instead of TAN 3. Selected wrong Minor Head/Major Head 4. Selected wrong Assessment Year 5. Selected wrong […]
Many of us have come across the words like Cost to Company (CTC), Gross Earnings, take home salary, net payout etc. while joining a company or If you are an entrepreneur, you must have quoted the same to your employee. There has always been a difference between the CTC and the take home away salary, […]
Nariender Kumar Vs ITO (ITAT Delhi) It is pertinent to note that the assessee had received Rs. 1.42 crore on account of enhanced compensation of land acquisition, which included compensation of Rs. 56.90 lakhs and interest of Rs. 85.32 Lakhs. The Assessing Office had made addition of Rs. 42.66 Lakhs being 50% of interest of […]
