Sponsored
    Follow Us:

Archive: 26 July 2022

Posts in 26 July 2022

Board approved Loan Policy – Management of Advances – UCBs

July 26, 2022 234 Views 0 comment Print

It has been observed in several UCBs that these policies not only lack comprehensive coverage, but also do not require a periodic review.

‘Axis Concept Construction’ not passed ITC benefit to 21 Home Buyers: NAA

July 26, 2022 462 Views 0 comment Print

Shivkumar Tattimani Vs Axis Concept Construction Pvt. Ltd (NAA) ITC as a percentage of the turnover that was available to the Respondent during the pre-GST period (April-2016 to June-2017) was 1.17% and during the post-GST period (July-2017 to April-2020), it was 13.52% for the project “Axis Vedam”. This confirms that, post-GST. the Respondent has been […]

‘M3M India’ not passed ITC benefit to 114 Home Buyers : NAA

July 26, 2022 783 Views 0 comment Print

Sh. Arun Kumar Raina Vs M3M India Pvt. Ltd. (NAA) Respondent has gained benefit of ITC on the supply of Construction services after the implementation of GST w.e.f. 01.07.2017 and the Respondent was required to pass on such benefit to the homebuyers by way of commensurate reduction in prices in terms of Section 171 of […]

Clarification on spending of CSR funds for “Har Ghar Tiranga” campaign

July 26, 2022 5217 Views 0 comment Print

‘Har Ghar Tiranga’, a campaign under the aegis of Azadi Ka Amrit Mahotsav, is aimed to invoke the feeling of patriotism in the hearts of the people and to promote awareness about the Indian National Flag.

Income Tax Department conducts searches in Mumbai

July 26, 2022 360 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 05.07.2022 on a group engaged in agro and textile business, and another group of entry operators. A total of 27 premises were covered during the search action in Mumbai and Delhi NCR. During the course of the search operation, a large number of incriminating evidences […]

Gain on Property owned by co-owner – ITAT directs CIT(A) to decide appeals simultaneously

July 26, 2022 1614 Views 0 comment Print

AO has made addition u/s.56(2)(vii)(b)(ii) of the Act, towards difference between guideline value and consideration paid for purchase of property as unexplained investment.

Procedure of PAN application & allotment through Form FiLLiP for LLPs

July 26, 2022 3081 Views 0 comment Print

Procedure of PAN application & allotment through Simplified Proforma for incorporating Limited Liability Partnerships (LLPs) electronically {Form: FiLLiP} of Ministry of Corporate Affairs F. No. DGIT(S)/ADG(S)-1/FiLLiP form for LLP/2022-23/ Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) Notification 04 of 2022-Income-tax New Delhi, 26th of July, 2022; Subject: […]

Misplacement of Assessment Order by Advocate – ITAT condone delay

July 26, 2022 600 Views 0 comment Print

Assessee has assigned reasons for condoning delay is that, Assessment order been misplaced by Advocate & not handed over the same to assessee

Overview of ODI Transactions – Incorporation of Entity Outside India

July 26, 2022 3096 Views 1 comment Print

Explore the stipulations for incorporating a Wholly Owned Subsidiary outside India by an Indian Party (IP) under the Automatic Route. Learn about financial commitments, business activities, and compliance requirements. Discover the sources for Overseas Direct Investment (ODI) transactions and post-incorporation compliance steps. Stay informed about the nuances of ODI, including valuation, direct investments in certain countries, and pre-incorporation expense considerations.

Use of Digital Signatures

July 26, 2022 1125 Views 0 comment Print

Unlock the power of Digital Signatures! Learn how this encrypted key in a USB E-token can secure and add a Digital Certificate to your documents. Discover the benefits, such as faster transactions, decreased errors, and enhanced professionalism. Explore the diverse uses, including E-tendering, E-Procurement, Import-Export, MCA filing, Income Tax, GST, and more. Understand the classes and validity of Digital Signatures. Explore how different industries leverage the security and cost-effectiveness of Digital Signatures.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031