G. Satish Kumar Vs PCIT (Karnataka High Court) Petitioner has specifically stated that his wife is suffering from liver and brain tumor and was undergoing treatment and consequently, pursuant to the notice dated 09.09.2021 passed under Section 142(1) of the IT Act, the petitioner appeared before respondent No.2 and requested granting of 30 days time […]
As you are aware that increasing Stock Market of a country is the indication of strong economic and industrial development for a country. The increasing Stock Indices shows the confidence of people in the economy and government of the company. Stock markets are vital components of a free-market economy because they enable democratized access to trading […]
Apropos, taxpayers all over the country are in receipt of emails from the GSTN having a subject line as Payment of short paid late fee. As per the language of the Advisory, taxpayers have no other option than to make the payment of late fees if it is added in the GSTR 3B for the month of January / March 2022 since if this particular GSTR 3B is not filed the next returns cannot be filed and they may become defaulters all over again.
POSB related fraud cases have been noticed recently. Vigilance Division has desired to provide extra checks in the system to minimize/eliminate chances of misappropriation/frauds, particularly in respect of transactions carried out in single handed and double handed post offices.
Commissioner of Central Tax Vs Toyota Kirloskar Motors (Karnataka High Court) Conclusion: Since Toyota was an output service provider therefore, it can utilise cenvat credit for payment of service tax on output services. Held: The respondent – M/s Toyota Kirloskar Motors claimed to be manufactures of Multiutility Vehicles (MUV) for passenger cars and parts thereof […]
Hon’ble Supreme Court has restored the Limitation Extension order – Cognizance for Extension of Limitation, Suo Motu Writ (Civil) No. 3 of 2020. Final Order dated: 10-01-2022– What does it mean for Refund related issues under GST. In order to answer the above mute question and to have a better grip and understanding on the […]
As we know new functionality of Interest Calculator is being released in GSTR-3B. How it will help taxpayers let us discuss: This new functionality will assist taxpayers in calculating the interest applicable for delay filling of returns. Interest computation- Now, there will be two cases- Interest liability for supplies made during the present tax period. […]
Article explains How does the POSH Act 2013 operate as workplaces shift online, What is the definition of sexual harassment, What is the definition of a workplace, What is the purpose of the Internal Committee, What options victim of harassment have, When victim is I allowed to file a complaint and an contains Overview of […]
Delhi Government includes Offices of Chartered Accountants and Income Tax Practitioners’ in the list of ‘Exempted Category’ vide order dated 13.01.2022. GOVERNMENT OF NCT OF DELHI DELHI DISASTER MANAGEMENT AUTHORITY F. No.60/DDMA/COVID-19/2021/Vol.ll/513 | Dated: 13.01.2022 To. 1. All District Magistrates of Delhi 2. All District Deputy Commissioners of Police, Delhi Subject Inclusion of the offices […]
आपको जानकर हैरानी होगी कि इस महामारी वाले काल में रिहायशी भूखंड या जमीन की मांग में जबरदस्त उछाल आया है. हाउसिंग डाटकाम द्वारा देश के 8 बड़े शहरों में किए गए सर्वे में यह बात सामने आई जिसके अनुसार रिहायशी प्लाट की बिक्री में उछाल अपार्टमेंट के मुकाबले 5 गुना ज्यादा है. लोग स्वतंत्र […]
