In compliance of Notification No. 03/2022-Central Tax (Rate), dated 13th July, 2022, an option is being provided on the portal to all the existing taxpayers providing Goods Transport Agencies Services, desirous of opting to pay tax under the forward charge mechanism to exercise their option.
Discover key FAQs on Employees Provident Fund (EPF) employer contributions, wage deductions, membership eligibility, contributions for piece-rate workers, interest on delayed deposits, and more. Understand your rights and obligations under EPF.
Bombay High Court held that in absence of any finding that non-recovery of tax due from the company can be attributed to any gross-negligence, misfeasance or breach of duty on the part of the petitioner, no order could have been made u/s 179(1) of the Income Tax Act.
ITAT Ahmedabad held that loss on account of non-repayment of loan advanced to subsidiary company for the purpose of incorporation of business is an allowable business loss.
ITAT Delhi held that as per specific provisions covered under section 178(6), Insolvency and Bankruptcy Code, 2016 has an overriding effect on all the acts including Income Tax Act.
Allahabad High Court held that bail not granted as the applicant doesnt qualify the twin conditions of section 45 of Prevention of Money Laundering Act, 2002 (PMLA) and applicant is based at Abu Dhabi.
CESTAT Delhi held that benefit of the exemption Notification No. 52-2003 is available subject to some conditions, the same is to be strictly interpreted.
Explore the Delhi Shop and Establishment Acts key features Applicability, exemptions, registration, leave policy, overtime, wage payment, and penalties. Essential for business owners in Delhi.
SCN is vague and cryptic in nature and order in original has been passed beyond the scope of SCN, both are liable to be quashed and set aside.
Forensic accounting in big organizations: A critical approach for detecting fraud, enhancing asset protection, and ensuring financial integrity. Essential for risk management and fraud prevention.