CESTAT held that buying and selling of SIM cards and recharge coupons does not amount to providing business auxiliary service (BAS)
Suo motu credit of Cenvat reversed earlier involved only an account entry reversal and in the process, no outflow of funds from the assesse and accordingly, filing of refund claim under Section 11B of the Central Excise Act, 1944, is not required.
Prasanta Kumar Mishra Vs ACIT (ITAT Cuttack) Admittedly, the assessee individual is a non-resident Indian and the facts clearly show that the return has been filed with mistakes. These mistakes can admittedly be rectified by filing a rectification application. The rectification application admittedly is not being considered on account of the limitation provided u/s. 154(7) […]
1. Where should I file Company Incorporation forms effective from 23rd January 2023? Incorporation forms covering 10 forms have been migrated to V3. This phased migration is done to enable smooth transition of the portal. Both V2 and V3 are now working seamlessly. Effective from 23rd January 2023, all Incorporation forms are required to be […]
Unlock the process of claiming GST refund for unregistered persons. Explore situations, eligibility criteria, and minimum refund amounts. Understand the documentation required and the timeline for credit. Stay informed with the latest government circulars.
Unlock essential insights into Income Tax Returns with must-know questions. Understand the significance, mandatory requirements, and e-filing procedures. Gain clarity on ITR forms and download processes for seamless compliance.
This has reference to IFSCA’s circular F.No.329/IFSCA/Bullion MIIs/2021 dated September 17, 2021 regarding the captioned subject. It has been decided to extend the 6 month period specified in paragraphs 3 and 4 of the aforementioned circular by an additional period of 6 months i.e., till July 28, 2023.
National Stock Exchange of India Circular Ref No: NSE/CML/2023/11 – Date: January 27, 2023 The Company Secretary All Listed Companies Subject: Filing of announcements in XBRL format on NSE Electronic Application Processing System (NEAPS) platform. With reference to the captioned subject various circulars were issued by Exchange(s) for seeking comments/feedback from listed companies on XBRL […]
BSE via circular dated January 27th 2023 has introduced the facility for filings of certain announcements in XBRL format. The said fillings are related to disclosures under REG 29 & REG 30 of SEBI (LODR) Regulations, 2015. Following Announcements are to be made in XBRL Format: Prior Intimation of the Board Meeting. (under REG 29) […]
PMS performance fees cannot be estimated before hand for the purpose of calculation of advance tax payable during the year because of uncertainty about the equity market since the performance fees can be ascertained by the assessee only on the last day of the year based on the stock market position as at the end of that day. I
