आइये सबसे पहले देखें कि दाल मिलों के बचे हुए छिलके/ चुरी पर कर का क्या मामला है . अभी तक यह ‘पशु आहार’ मान कर कर मुक्त माना जा रहा था. लेकिन सीबीआईसी ने 3 अगस्त 2022 को एक सर्कुलर जारी कर इस बारे में जो स्पष्टीकरण जारी किया है उसके अनुसार यह दाल […]
DRI detected a case of evasion of Customs duty by resorting to wilful mis-declaration in description of certain items imported for use in manufacture of mobile phones.
Income Tax Department Issues Instructions for Assessing Officers after Adverse Observations of Hon. Allahabad High Court in in Civil Misc. Writ Petition (Tax) No. 723 of 2022 in the case of S.R. Cold Storage Vs. Union of India and others. OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF INCOME-TAX UP (WEST) & UTTARAKHAND REGION AAYAKAR BHAWAN, […]
Article explains TDS Rates for Financial year 2022-23 i.e. Assessment Year 2023-24 under Income Tax Act, 1961. Article contains TDS Rate Chart, Threshold limit for TDS deduction, Rate of Surcharge, Cess and TDS Rate if PAN no is not furnished. TDS Rate Chart for Financial Year 2022-2023 / Assessment Year 2023-24 Nature of Payment Made […]
Stay informed about the TCS rates for F.Y. 2022-2023 under Section 206C of Income Tax Act. Know the rates for alcoholic liquor, timber, forest produce, and more.
HC has issued interim protection against arrest and directed the Petitioner to appear before the concerned authority in response to the summon received under Section 70 of the Central Goods and Services Tax Act, 2017
Held that freight incurred from the place of removal to the buyer’s premises is not includible in the assessable value and accordingly excise is not payable on the same.
We are frequently coming across cases where Income Tax Authorities are giving complete go by to the principles of natural justice. The excuse orally being set up usually by the departmental counsels is that there is some problem in the computerisation system which is solely controlled by CBDT
Thekedar Vishnu Kumar Vs Union of India (Rajasthan High Court) Stay on the recovery of GST on Royalty- HC directed that the proposed recovery of GST on royalty shall remain stayed qua the petitioners. However, the respondents shall be at liberty to continue with the proceedings which have been initiated under the impugned notices. FULL […]
Sustainability Reporting Standards Board of ICAI has developed following- (i) Draft Preface to the Social Audit Standards (ii) Draft Framework for the Social Audit Standards (iii) Draft Social Audit Standards (SAS) on all the sixteen thematic areas specified in the above mentioned notification.
