Cash receipt by ‘Co-op. Society’ from dealer across multiple days not to be aggregated for Sec. 269ST purpose: CBDT Reference was received by the CBDT as to whether receipt of cash by Co-operative Societies from a distributor for the sale of milk on a bank holiday or a day when the bank is closed should […]
The objective of Consultation Paper on Proposed IFSCA (Assets, Liabilities, and Solvency Margin) Regulations, 2022 is to seek comments / views/ suggestions from public on the proposed International Financial Services Authority (Assets, Liabilities, and Solvency Margin) Regulations, 2022.
Learn how the Updated Return under Income Tax Act, 1961 Section 139(8A) is helping taxpayers promote voluntary tax compliance and reduce litigation.
HC that where an investment is made in new residential property, prior to the sale of the original residential property, any gain on the sale of the original property is eligible for long-term capital gains (LTCG) tax exemption under section 54 of the Income-tax Act, 1961
MCA has extended the time period for conducting AGM through VC/OAVM till 30 Sept 2023. Find out more in this blog!
Mumbai ITAT has quashed reopening of assessment under section 147 made by AO only on the basis of information received from report of investigation wing.
Bombay High Court held that once the eligibility of complying with the provisions of section 194(2) of the Mumbai Municipal Corporation Act is established, the Octroi Inspector is duty-bound in law to issue-certify such declaration to the Petitioner. However failure to provide a declaration of duty certified by the octroi officer would not render the Petitioner ineligible for a refund of octroi paid.
Setting up a manufacturing unit in India requires a number of registrations, licenses, and permits. To simplify the registration process, the government has recently unveiled the Udyog Aadhaar Memorandum (UAM).
MCA vide General Circular No. 10/2022 dated 28th December 2022 given clarification of Holding of Annual General Meeting (AGM) through Video Conference (VC) or other Audio Visual Means.
In The Current Environment, Input Tax Credit Is The Heart of Indirect Taxation. As Of Now We All Know That ITC Is The Most Crucial Part In GST Regime. If We Are Talking About Future Then We Can Say That Maximum Of The Litigations Will Arises Due To Input Tax Credit. After Considering All These […]
