Month: October 2022
864 articlesIncome Tax

Income Tax
No disallowance u/s 40(a)(ia) if recipient offered payment made by assessee as income – ITAT remands matter back to AO
Company Law

Company Law
ICSI Request for extension of time period for filing of financial statements & annual return
Income Tax

Income Tax
Subscription received towards Cloud Services is not royalty income
DGFT

DGFT
Extension of Validity of Export of Raw Sugar to USA under TRQ to 31.12.2022
Finance

Finance
MSME ऋण में स्टाम्प ड्यूटी में बड़ी छूट – 25 लाख तक के लोन पर मोर्टगेज ड्यूटी सिर्फ 500 रुपये
Custom Duty

Custom Duty
Penalty u/s 112(b) of Customs Act, 1962 unsustainable in absence of sufficient evidence
Income Tax

Income Tax
Tribunal held that reassessment notice can be issued u/s 147 in relation to search and seizure
Custom Duty

Custom Duty
Benefit under notification available even at later stage
Income Tax

Income Tax
No penalty u/s 271(1)(c) if the mistake was bonafide
Company Law

Company Law
Default in attaching Secretarial audit report (in form MR-3) – MCA imposes 8 Lakh penalty
Goods and Services Tax

Goods and Services Tax
Denial of ITC due to cancellation of registration of supplier of goods with retrospective effect
Fema / RBI

Fema / RBI
Look Out Circular unjustified in absence of adverse effect on economic interest of India
Corporate Law

Corporate Law
NPS/APY Functionalities released by CRAs during Quarter I (FY 2022-23)
SEBI

SEBI
