ITAT Chennai held that return of income has to be filed as per section 139 of the Income Tax Act for claiming benefit under section 10A. Exemption under section 10A is not available in case the return is filed belatedly.
Madras High Court directed the petitioner to file the pending GST returns thereafter the GST registration cancelled, on account of non-filing of GST return for continuous period of 6 months, will be restored
Madras High Court directed the petitioner to file the pending GST returns thereafter the GST registration cancelled, on account of non-filing of GST return for continuous period of 6 months, will be restored
Unlock the path to Startup India Certification in 2023 with a step-by-step guide. Explore eligibility criteria, registration process, and documents required for startup company registration. Gain insights into the advantages of the Startup India Initiative, including cost-cutting, tax exemptions, networking opportunities, and more. Ensure legal compliance with detailed information on essential legal documents for new businesses.
Pursuant to withdrawal of tariffs to rates, terms, conditions and regulations applicable to Fire, Engineering, Motor, Workmen’s Compensation and other classes of business by Tariff Advisory Committee
Additional export sectors/items in Chapter 28, 29, 30 & 73 are being added in Appendix 4R under RoDTEP for exports made from 15.12.2022 and shall be applicable till 30.09.2023.
RESERVE BANK OF INDIA Governor’s Statement: December 7, 2022 As we come to the end of yet another turbulent year, the global economy is still marred by profound shocks and unprecedented uncertainty. Mixed signals are emanating from the geopolitical situation and financial market volatility. In the beginning of this year (2022), just as the COVID-19 […]
Fuel Cell System which is made up of seven components viz. Fuel Processing System. Fuel cell stack module. Air Processing System. Thermal Management System, Electric module. FCS monitoring control and module and DC DC Converter proposed to be imported by the applicant merits classification under CTH 85.01 and more specifically under CTH 8501 33 20.
Charges collected under the Unparallel Health Insurance Scheme are to be considered as advance towards the provision of the health care services to the subscribers of this scheme, and accordingly, any amount collected towards this scheme will not be subjected to levy of GST
Unlock the intricacies of GSTR 9 and 9C reporting for FY 2021-22, as the December 31, 2022 deadline approaches. Explore applicability, exemptions, and prerequisites for taxpayers. Dive into key changes from optional to mandatory reporting, including detailed tables and specific disclosures. Ensure your GST compliance is streamlined with insights into credit notes, exempted supplies, RCM ITC, HSN-wise summaries, and more. Stay informed and compliant with the latest reporting requirements.