Abdul Majeed Vs ITO (Rajasthan High Court) High Court held that while passing an order under Section 148A of the Act, the authority is required to reach satisfaction to not only that income chargeable to tax has escaped assessment, but in case where three years have elapsed from the end of the relevant assessment year, […]
Concerned GST refund sanctioning authority shall ensure that all GST refund applications are processed and decided within the prescribed time frame in order to avoid undue interest liability on the department. GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES, I.P.ESTATE VYPAR BHAWAN: NEW DELHI-110002. (POLICY BRANCH) No. F. 3(433)/GST/policy/2022/1407-13 Dated: 20.07.2022 […]
Check Out the Recent Changes in PF, GST Post Office, and Banking Rules That Can Affect You Directly With the beginning of the new financial year, many big and important announcements related to ITR have been made. The changes have been done in tax, GST rules, PF account, post office, and banking, and the new […]
FTS does not include consideration `which would become income of the recipient chargeable under the head Salaries’.
Explore the pros and cons of Udyam Registration for freelancers, proprietors, and small entities. Learn about the benefits, eligibility, and the step-by-step process of MSME registration. Stay informed about the advantages such as easy access to tenders, lower interest rates, and tax rebates, while considering potential challenges like GST filing costs. Make an informed decision for your business growth.
Dive into the complexities of Income Tax Act seizures of gold jewelry and bullions in India. Explore the significance of gold, the authority granted under Section 132, and the relief available to taxpayers through CBDT circulars and judicial pronouncements. Stay informed about the regulations and procedures to navigate tax implications.
Explore the changes in the Limited Liability Partnership Act, 2008, brought about by the LLP (Amendment) Act, 2021. Part IV focuses on the inserted sections (Section 67A to 81), covering special courts, procedures, powers, appeal, revision, electronic filing, registration offices, jurisdiction, cognizance of offenses, and rule-making powers. Stay updated on LLP regulations.
Article includes an introduction, followed by the details of business options available in UAE along with type of registration process.
CBDT authorises the DGIT, Directors of Income-tax, Additional Directors of Income-tax, Joint Directors of Income-tax, Deputy Directors of Income-tax, Assistant Directors of Income-tax, Income Tax Officers and Inspectors of Income-tax working in the Directorate of Income-tax (Intelligence and Criminal Investigation) as Prescribed Authority for the purposes of e-Verification Scheme, 2021 Ministry of Finance (Department of […]
Understanding the recent changes in GST for the transportation sector, including options for Goods Transport Agencies (GTA) and applicable tax rates.
