Ravikumar Dhandhania Vs ITO (Madras High Court) The petitioner seeks waiver of Section 220(2A) interest under on account of the fact that the petitioner has paid the tax and the interest under Sections 234A, 234B & 234C of the Income Tax Act, 1961. Sub Section (2A) to of Section 220(2A) is an exception to Sub […]
Understanding the sustainability of blocking input tax credit in Electronic Credit Ledger without reasons under Rule 86A.
RBI Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.15 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 4.65 per cent.
Learn how to fill the disabled field in Form 11 LLP for total contribution received from partners. Get answers to FAQs on Form 11 LLP and FiLLiP form.
One More Opportunity to Complete the requirement of Pre-Examination Test and One Day Orientation Programme for enrollment to June, 2022 session of CS Examinations
Learn about the MCAs updated FAQs on the V3 portal. Get answers to your questions about the transition from V2 to V3 and the enhanced features of the new portal.
1. Prakash Kumar, former Chief Executive Officer, GST Network, is appointed as Member of the Insurance Advisory Committee from the date of notification, and 2. Venkat Changavalli, Management Consultant is appointed as Member of the Insurance Advisory Committee from the date of notification
DCIT Vs Muppala Bhasker Reddy (ITAT Bangalore) The next question is how to appropriate the sale consideration for the transfer of land and building if a lump-sum monetary consideration is received by the transferor from the transferee when the transfer is effected through a single conveyance deed. As per section 50C as amended by the Finance […]
Asian Resurfacing of Road Agency P. Ltd. Vs Central Bureau of Investigation (Supreme Court of India) The Apex Court in the historic case of Asian Resurfacing of Road Agency Private Limited and Another v. Central Bureau of Investigation (2018) 16 SCC 299 had ruled that in all civil & criminal cases stay granted by a […]
Discover the scope for tax planning with GST on transfers between related persons. Optimize efficiency and profitability for your business.
