Search was initiated against the assessee. However, notice was not issued u/s 143(2). AO reopened the matter and issued notice u/s 148. Held, reassessment of proceedings u/s 148, without issuance of notice u/s 143(2), is unsustainable in law
Delhi High Court accepts Writ Petition challenging CBDT’s MFN Clause Circular No. 3 of 2022. Learn more about this important case.
Warehousing of solar power generating units or items like solar panel, solar cell etc. for power plants with resulting goods ‘electricity’ – In-applicability of Manufacture and Other Operations in Warehouse (no.2) Regulations, 2019 under section 65 of the Customs Act, 1962 regarding.
As per Section 2(34) of the Companies Act (CA), 2013 a director is an individual who is appointed to the Board of the company. As per Section 2(10) of the CA Board or Board of Directors in the company means the altogether body of the directors of the company.
Kailas Chand Agrawal Vs DCIT (ITAT Raipur) Our careful consideration of assessment records and the records of appellate proceedings it transpired that, neither of the lower tax authorities had pointed any such voucher, the genuineness of the expenditure therein claimed to have been incurred by the assessee wholly and exclusively for the purpose of its […]
Request for Extension of due dates of Income tax returns for salaried and non-corporate (not subject to audit) taxpayers from 31.07.2022 to 31.08.2022 GUJARAT CHAMBER OF COMMERCE AND INDUSTRY Pathik S. Patwari President Ajay H. Patel Sr. Vice President Yogesh D. Parikh Vice President 8th July, 2022 To, The Hon’ble Chairman, Central Board of Direct […]
NFAC has erred in not granting an opportunity to the appellant bank to present the case through the video conferencing as specified under the Faceless Appeals Scheme 2020
Understanding the impact of GST on educational institutions. Find out the tax implications and exemptions for education sector in India.
18/07/2022 से जिन उत्पादों पर जीएसटी दरें बढ़ाई गई है, उससे सरकार की मंशा साफ तौर पर दिख रही है कि:1. ज्यादातर जीएसटी की दरें 18% पर सरकार लाना चाहती है2. किसी भी उत्पाद और सेवा को करमुक्त नहीं रखना चाहती3. केन्द्र सरकार समझ गई है कि राज्यों को जीएसटी क्षतिपूर्ति का हर्जाना जारी रखना होगा नहीं तो राज्य बगावत भी कर सकते हैं
Understand the importance of RERA Bank Accounts in real estate projects. Learn about the account opening procedure, withdrawal rules, and more.
