ITAT Kolkata held that rejection of claim of long-term capital loss u/s 50B of the Income Tax Act unjustified as Form 3CEA filed during the assessment proceedings along with an affidavit mentioning reason for non-furnishing of Form 3CEA with return of income.
Read Policy Circular No. 05/2023-24 from DGFT regarding re-import of unsold jewelry. Get insights on changes in import policies for specific ITC (HS) codes.
Get insights on RBI’s recent clarification on reporting Reverse Repo transactions for commercial banks in Form ‘A’ Return. Learn the new practice guidelines.
Discover the latest SEBI Master Circular for Stock Exchanges and Clearing Corporations issued in 2023. Understand the regulatory framework and its implications.
ITAT Delhi held that addition towards long term capital gain sustained as assessee failed to furnish confirmation from the purchaser company as lower sale consideration was claimed by assessee.
CESTAT Allahabad held that invocation of extended period of limitation under proviso to section 73(1) of the Finance Act unjustified in absence of any willful suppression of facts with an intent to evade the payment of tax.
Comprehensive analysis of Office Order No. 22/2023 by Chief Commissioner CGST & Central Excise, Jaipur, addressing the pendency of 80,000 GST DRC-03s in Jaipur Zone.
Learn about GSTR-9 and GSTR-9C for FY 2022-23, including applicability, due dates, and a detailed analysis of various tables for annual returns and reconciliation statements.
Explore step-by-step procedure, conditions, and prohibitions for buy-back of shares by private companies in India. Understand the nuances of this process
This article delves into the intricacies of property rights and the challenges faced by ordinary citizens when confronted with fraudulent property transfers and registrations in India, with a particular focus on the state of Rajasthan.
