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Archive: 22 September 2023

Posts in 22 September 2023

ITAT Orders Rs 25,000 Cost Deposit in PM Relief Fund for Assessee’s Non-Compliance

September 22, 2023 801 Views 0 comment Print

Read about ITAT’s decision to direct Tera Naturals Resources Pvt. Ltd. to deposit Rs 25,000 in PM Relief Fund due to non-compliance behavior during appellate proceedings.

Excess Tax Paid Must Be Refunded Due to Subsequent Law Change: SC

September 22, 2023 1032 Views 0 comment Print

The Supreme Court upholds an arbitration tribunal’s award in favor of Oriental Structural Engineers, allowing the refund or deduction of overpaid tax.

Service tax Notice after commencement of CGST Act- HC accepts Writ

September 22, 2023 1242 Views 0 comment Print

Read about the Calcutta High Court case – M.L. Dalmiya & Co. challenging CGST show-cause notices based on jurisdiction and limitation issues. Analysis and verdict.

Corporate Assessees Ineligible for Personal Use Considerations

September 22, 2023 819 Views 0 comment Print

Read the full text of ITAT Delhi’s order in Super Alloy Castings P. Ltd vs. ACIT regarding higher depreciation on electrical fittings and rejection of personal use charges.

HC Directs Department to consider Service Tax Rectification Application

September 22, 2023 1437 Views 0 comment Print

Read how Madras High Court emphasizes the importance of Section 74 of Finance Act and directs the GST Department to consider a rectification application promptly.

Form 10BB FAQs (A.Y. 2023-24): Common Questions Answered

September 22, 2023 6435 Views 0 comment Print

Get answers to frequently asked questions about Form 10BB for A.Y. 2023-24 onwards. Learn about its applicability, filing process, due dates, and more.

Grievance Redressal & Assessment Index (GRAI)

September 22, 2023 1833 Views 0 comment Print

Learn about measures to enhance grievance redressal as per Grievance Redressal & Assessment Index (GRAI) in this official memorandum from Ministry of Finance, Government of India

Form 10B FAQs (A.Y. 2023-24): Answers to Common Questions

September 22, 2023 4074 Views 0 comment Print

Get clarity on Form 10B (Applicable from A.Y. 2023-24 onwards) with comprehensive FAQs. Learn about its applicability, filing process, due dates, and more.

NPS Tier II Default Scheme for Govt Sector Subscribers

September 22, 2023 693 Views 0 comment Print

Discover NPS Tier II Default Scheme exclusively for Government Sector Subscribers. Explore its benefits, flexibility, and investment options in this circular.

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