Understanding the taxation of filing modified ITR in cases of succession in business or profession. Learn about the provisions under Section 170 & 170A of the income tax Act.
The department objected the bail application mainly on the ground that investigation is still under way. This Court is of considered view that, merely raising the contention that investigation is still going on is not enough, but, department should have point out that the further custody of the applicant is necessary.
Understanding the taxation aspects of MSMEs with respect to the Income Tax Act 1961. Learn about the eligibility criteria and benefits for MSMEs.
KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R) Date: Saturday, September 24, 2022 To, Smt. Nirmala Sitharaman Hon. Union Minister of Finance and Corporate Affairs Government of India Hon’ble Madam, SUBJECT: Request to issue SOP to the officers to improve the effectiveness of the Video Conference proceedings in the faceless regime The Karnataka State Chartered Accountants Association […]
Where order in Form GST DRC-07 as visible in GSTN Portal did not contain reasons, same was wholly defective and, hence was to be remitted back for fresh adjudication
Understand the importance of audit evidences and their role in forming an auditors opinion. Learn about sufficiency and appropriateness of audit evidence in this insightful analysis.
Compensation so received by the assessee company would only go to reduce the cost of project as it is effectively meant to cover up for the expenses and investments incurred by the assessee for the said project. Hence, the receipt of compensation would be capital in nature and would go to reduce the cost of project.
Get to know the revised regulatory framework for NBFCs – Scale Based Regulation (SBR) and its impact on the financial industry.
Foods and Inns Ltd Vs Union of India (Andhra Pradesh High Court) The question that arises for consideration in the present writ petition is: Whether the authorities were right in charging GST, in respect of ‘Mango Pulp’, @ 18%? It is to be noted here that on an application made by the petitioner before the […]
Uncover the impact of steel dumping on UK industry. Explore the counter measures taken by the UK and the economic significance for affected industries.
