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Archive: 26 April 2023

Posts in 26 April 2023

The Transgender Community – Office for Victims of Crime

April 26, 2023 555 Views 0 comment Print

Explore the challenges faced by the transgender community in Indian workplaces, from job discrimination to mental health issues. Learn about legal protections, employer responsibilities under the Transgender Persons Act, and the urgent need for inclusive policies and gender-neutral regulations.

Here’s why India needs to increase its retirement age

April 26, 2023 7683 Views 0 comment Print

Explore the need for India to increase its retirement age. Learn from global examples like France and understand how demographic shifts impact retirement policies. Stay informed about recent proposals and changes in retirement age across Indian states, considering the economic and demographic landscape.

Benefit of exemption notification 6/2002 available to the Tubular Plate Lead Acid batteries

April 26, 2023 855 Views 0 comment Print

CESTAT Kolkata held that the Tubular Plate Lead Acid batteries are an integral part of the Solar Power Generating System, are eligible for the benefit of exemption Notification 6/2002 dated 01/03/2002 as amended.

CBIC amends Notification No. 22/2003 & 23/2003 Central Excise dated 31.03.2003

April 26, 2023 1077 Views 0 comment Print

Seeks to amend Notification No. 22/2003 & 23/2003 Central Excise dated 31.03.2003 vide  Notification No 20/2023-Central Excise Dated: 26th April, 2023 MINISTRTY OF FINANCE (Department of Revenue) New Delhi Notification No 20/2023-Central Excise Dated: 26th April, 2023 G.S.R. 317(E).—In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, […]

Amount declared as turnover cannot be called concealed income & taxed twice

April 26, 2023 2409 Views 0 comment Print

AO has no right to calculate sales on hypothetical basis ignoring the evidence submitted during the course of assessment proceedings. Once the amount is declared as turn over cannot be called concealed income and be taxed doubly on same amount. The addition U/s 68 is beyond jurisdiction of the ld. AO as the turnover is already reflected in the books of the assessee.

Section 138 of NI Act not applicable if Cheque issued before account attachment dishonored post attachment

April 26, 2023 1725 Views 0 comment Print

Maharaja Log Home OPC Pvt Ltd and Anr Vs State of Maharashtra and Ors (Bombay High Court) 1. The petition is directed against the order dated 7th September, 2021 passed by Judicial Magistrate First Class, Vashi, Belapur Navi Mumbai in Complaint Case No.1366/SS/2021 under Section 138 of the Negotiable Instruments Act, 1881 issuing process against […]

ITAT restore matter to AO as matter was not properly argued before AO for bonafide reasons

April 26, 2023 603 Views 0 comment Print

Kishoresinh Hemantsinh Chudasama Pipali Vs DCIT (ITAT Ahmedabad) Undisputedly, before the ld. CIT(A), none-appeared on behalf of the assessee and the appeal was decided ex parte. I have also gone through the Form no. 35 filed before the ld. CIT(A) and find that the assessee has rightly mentioned that email-id mentioned therein was that of […]

No Service Tax on Construction of Residential Complexes before 01.07.2010

April 26, 2023 915 Views 0 comment Print

CESTAT held that no Service Tax could be levied on construction of residential complexes prior to 01.07.2010 even when service is rendered either as service simpliciter or as a works contract.

ITAT dismisses Appeal of HUF whose Karta was expired for non-pursual

April 26, 2023 603 Views 0 comment Print

Ishwarbhai Madhavlal Patel-HUF Vs ITO (ITAT Ahmedabad) In the present case, the Karta of HUF having expired in the year 2021 itself when this information was first provided and since then revised Form No. 36 in the name of the legal-heirs or representative of the deceased-assessee is not be filed as provided in Rule 26 […]

Section 68 & 115BBE cannot be invoked if assessee not required to maintain books of account

April 26, 2023 2865 Views 1 comment Print

Section 68 cannot be invoked if Assessee not required to maintain books of account. Section 115BBE comes into operation only in case of income referred in Section 68/69/69A/69B/69C and 69D

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