ITAT Kolkata held that addition based on such retracted statement of third person and that too without giving any opportunity of cross examination to the assessee deserves to be deleted.
Madras High Court directed the Chartered Accountant, who raised several allegations against the then President of the Institute, that if he is confident about the irregularities and has materials on record to establish the allegations, he is at liberty to register a case before the Competent Authority, including the Central Vigilance Commission or the Jurisdictional Police or otherwise.
These rules may be called the Special Economic Zones (Second Amendment) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette.
A salaried tax declaration is a document that an employee provides to their employer at the beginning of a financial year. It includes details about the employee’s income and investments, which the employer uses to calculate the employee’s tax liability and deduct the appropriate amount of tax from their salary each month.
Section 27 of the CGST ACT 2017 talks about special provision relating to grant of GST Registration to Casual Taxable Person and Non Resident Taxable Person, also cover the provisions which the casual taxable person and non resident taxable person has to follow.
Discover crucial precautions for using credit cards effectively. Learn about tracking transactions, understanding charges, maximizing offers, and avoiding pitfalls. Follow dos and don’ts to ensure financial security. Safeguard your credit card against fraud with safety measures like secure storage, strong passwords, and using credit card tokens.
Explore 125 FAQs covering the statutory powers of Indias Directorate of Revenue Intelligence (DRI). Learn about DRIs establishment, functions, history, and how it combats smuggling and economic offenses. Get insights into DRIs rewarding system for informers and find contact details for DRI offices across India.
Extension of Last Date for Filing Return in Form III- An Opportunity to Avoid Penalties Order dated 27.04.2023 I am writing to inform you about an important development regarding the filing of returns in Form III for the year ending on 31st March 2023 under the West Bengal State Tax on Professions, Trades, Callings and […]
One of the daily routines of a professional accountant is to record bank entries of clients. It is sometimes necessary for clients to provide bulk bank data to enter, which can be a tedious and time-consuming process. Professionals work creatively and avoid the boring work of recording entries in books. There are many tools available […]
Issue involved Whether department is enjoined to issue a notice under subsection 3 of Section 61 of CGST Act, 2017 once returns have been submitted by assessee before initiating action under Section 74 or not?
