ITAT Delhi held that AO cannot put the entire burden on the assessee to show in whose hands the inadvertent receipts shown in Form 26AS has been declared. Assessee is not responsible to explain the recipients of such inadvertent receipts shown in Form No. 26AS.
CGST Act does not restrict GST registration of Management consultants, Architects and other professionals operating from residential premises
ITAT Chennai held that profit on transfer of flats to partners is computable in the hands of firm, however, benefit of deduction u/s 80IB(10) of the Income Tax Act duly available even on transfer of flats to the partners by way of MOU.
Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2023 to notify changes in Profession Tax Rates w.e.f. 01.04.2023. One of the notable change is that bill exempt the profession tax payable by the women who draw the monthly salary or wages upto rupees twenty-five thousand w.e.f. 01.04.2023. RNI No. […]
Portfolio Managers shall provide adequate disclosures in the Disclosure Document as well as the agreement with the client pertaining to their participation in the Exchange Traded Commodity Derivatives, including but not limited to the risk factors, margin requirements, position limits, prior experience of the Portfolio Manager in Exchange Traded Commodity Derivatives, valuation of goods, etc.
Procedure for application/issuance of Registration Certificate for import of Marble under HS Codes 2515 or 6802 and Fresh (green) Areca Nut under ITC(HS) 08028010 without Minimum Import Price (MIP) condition from Bhutan have been specified. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan Public Notice […]
For implementation of Section 51A of UAPA, ‘Head of Department of Regulation Contribution Management shall be UAPA Nodal Officer from PFRDA
A private limited company is a type of business entity in which the company is privately held, and its shares are not publicly traded. It is a popular form of business in India due to the advantages it offers, such as limited liability protection, easy transferability of shares, and a separate legal entity status.
DGGI detected a case of an entity not making timely payments to its suppliers & availing input credit. Rs. 260 Crores ITC been reversed.
Unlock CA Inter – Company Law Monetary Limits and Thresholds. Explore rates, limits on buy-back, preference shares, and more. Expertly explained for comprehensive understanding.
