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Archive: 21 March 2023

Posts in 21 March 2023

No GST on amount recovered from employees for canteen & Transport facility

March 21, 2023 14205 Views 0 comment Print

AAR held that GST not applicable on the amount recovered from employees for canteen facility and on amount recovered from employees for transportation facilities provided to them.

Govt extends deadline for linking of Aadhaar to Voter ID

March 21, 2023 44478 Views 0 comment Print

Extension of last date for electors to intimate Aadhaar Number – Govt extends deadline for linking of Aadhaar to Voter ID to March 31 2024

HC confirms addition for unexplained amount deposited in bank account

March 21, 2023 1440 Views 0 comment Print

Rakeshbeniyal Vs ITO (Madras High Court) By consent of both the parties, this writ petition has been taken up for final disposal at the admission stage itself. 2. This writ petition has been filed challenging the impugned order dated 19.04.2022, passed by the first respondent under Section 148-A(d) of the Income Tax Act, 1961. 3 […]

HC quashes order considering violation of Natural Justice principal & huge demand

March 21, 2023 1434 Views 0 comment Print

As seen from the impugned Assessment Order, the show cause notice was issued by the respondents on 13.12.2022 and the impugned Assessment Order has been passed on 22.12.2022, within a short period even though a request was made by the petitioner by his communication dated 16.12.2022 seeking for ten days time to submit a reply to the show cause notice dated 13.12.2022.

HC directs CBDT to hear representation to condone delay in payment under IDS 2016

March 21, 2023 777 Views 0 comment Print

The petitioner has applied under the Income Declaration Scheme, 2016. Admittedly, he has not paid the entire dues as per the scheme, but he has paid a major portion of it, i.e., 94%.

Principles of natural justice not violated as AO provided several opportunities

March 21, 2023 1467 Views 0 comment Print

Several opportunities were given to petitioner to respond to notices sent by Assessing Officer so no violation of Principles of natural justice

Why Bonds Matter in Your Investment Strategy: Understanding the Benefits

March 21, 2023 1791 Views 0 comment Print

Discover why bonds matter in your investment strategy. Learn about the benefits of investing in bonds, risk management, and effective strategies for incorporating bonds into your portfolio.

Auditor Appointment under Companies Act, 2013 & Key Points to Remember

March 21, 2023 5988 Views 0 comment Print

Understand the intricacies of auditor appointment under the Companies Act, 2013. Explore key points, eligibility criteria, filing requirements, and penalties for delayed submissions.

Tax Invoice/Bill of supply Under GST

March 21, 2023 58956 Views 6 comments Print

Understand the nuances of Tax Invoices and Bills of Supply in GST. Learn who can issue them, when to issue, mandatory requirements, and key precautions to ensure compliance.

GST- 7 Key Activities to be carried out at the Year End 2022-23

March 21, 2023 13452 Views 0 comment Print

Prepare for a smooth transition to the new financial year by completing these 7 essential GST activities before 31st March 2023. Stay compliant and ensure accurate filing for the next fiscal year.

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