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Archive: 27 September 2023

Posts in 27 September 2023

Result Analysis of Institute of Cost Accountants of India held in June 2023

September 27, 2023 1047 Views 0 comment Print

Check pass percentages and course completions for ICMAI Intermediate and Final examinations held in June 2023. Insights into candidates’ performance.

महंगाई, बेरोजगारी और आर्थिक मंदी बढ़ने के कारण और उपाय

September 27, 2023 1377 Views 0 comment Print

हमारा नाम शैलेष कंठ है। हमने महंगाई, बेरोजगारी और आर्थिक मंदी बढ़ने के कारण और उपाय खोज निकाला है। हम पिछले १३ साल से इस पर मंथन करने के बाद इस नतीजे पर पहुंचे हैं। हमारी आपसे विनती है कि इस पत्र को पूरा पढ़ें। यदि आप उचित समझें तो मैं आपसे मिलकर सभी महंगाई, बेरोजगारी और आर्थिक मंदी बढ़ने के कारण और उपाय बताना चाहता हूं। हम नीचे दिए गए प्रश्नों का उत्तर ढूंढ़ रहे हैं।

Court admitted writ challenging amendment to Rule 61(5) of CGST Rules

September 27, 2023 1584 Views 0 comment Print

Explore Madras High Court’s decision on M/s. Sakthi Industries’ challenge against CGST Rule amendment in 2023. Analysis and implications discussed.

Provision of section 115BBE doesn’t apply as source of cash deposit explained

September 27, 2023 1212 Views 0 comment Print

ITAT Chennai held that provisions of section 115BBE not invocable in case of addition u/s. 69A towards unexplained money as assessee is having only one source of income from business and claims that source for cash deposits is out of sales of the year.

Medical Textiles (Quality Control) Order, 2023

September 27, 2023 900 Views 0 comment Print

Delve into Medical Textiles Quality Control Order 2023 issued by Ministry of Textiles. Explore its implications, standards, and enforcement for medical textile products.

Agro Textiles (Quality Control) Order, 2023

September 27, 2023 417 Views 0 comment Print

Learn about the Agro Textiles Quality Control Order 2023 issued by the Ministry of Textiles. Explore standards, enforcement, and its impact on the agro industry.

Salary not taxable in India in terms of Article 15(1) of India-Netherland DTAA

September 27, 2023 1221 Views 0 comment Print

ITAT Delhi held that salary income not taxable in India both u/s. 9(1) as services are rendered outside India and also not taxable under Article 15(1) of India-Netherland DTAA as required conditions satisfied.

Order framed u/s 153C without incriminating material found during search is unsustainable

September 27, 2023 1584 Views 0 comment Print

ITAT Delhi held that the additions/disallowance, devoid of any incriminating material found during the course of search, cannot validate the assessment orders framed u/s 153C of the Act. Accordingly, assessment orders u/s 153C cannot be sustained and liable to be quashed.

Technical know-how fee falling under category of royalty eligible for deduction u/s. 80-O

September 27, 2023 426 Views 0 comment Print

ITAT Mumbai held that technical know-how fee received by the assessee falls under the category of royalty as defined in Section 80-O of the Income Tax Act and hence is eligible for deduction u/s. 80-O of the Income Tax Act, 1961.

Revisionary proceedings u/s 263 justified as order passed without proper inquiry and verification

September 27, 2023 507 Views 0 comment Print

ITAT Mumbai held that initiation of revisionary proceedings u/s 263 of the Income Tax Act justified as assessment order was passed by AO without proper inquiry and verification with regard to claim of deduction u/s. 80IA(4).

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