Sponsored
    Follow Us:

Archive: 06 November 2023

Posts in 06 November 2023

Input Services for Clearance of Final Products upto Place of Removal are Eligible for CENVAT Credit

November 6, 2023 201 Views 0 comment Print

CESTAT Mumbai allows CENVAT credit for services related to manufacturing and clearing final products up to the place of removal. A critical analysis of the JSW Steel Ltd vs. Commissioner of Central Excise case.

CIT empowered to Condone Delay in Filing Return u/s 119 (2)(b): Kerala HC

November 6, 2023 906 Views 0 comment Print

Kerala High Court empowers the Commissioner of Income Tax to condone delays in filing income tax returns under Section 119(2)(b) of the IT Act. Details of the judgment.

Section 269SS and 269T are Statutory Liabilities, Not Mere Technical Violations

November 6, 2023 501 Views 0 comment Print

An in-depth analysis of the case Sofitra Impex Pvt. Ltd. vs. ACIT (ITAT Delhi) regarding violations of Section 269SS and 269T of the Income Tax Act.

ITAT Confirms Section 68 Addition due to Unproven Creditor Creditworthiness

November 6, 2023 210 Views 0 comment Print

ITAT Delhi confirms addition u/s 68 of Income Tax Act due to the failure to prove creditor creditworthiness & transaction genuineness in Prestigious Enterprises Pvt. Ltd vs. ACIT.

Section 68 addition can be made only in the Assessment year of receipt 

November 6, 2023 714 Views 0 comment Print

ITAT Kolkata clarifies that cash credit addition under Section 68 of the Income Tax Act should be made for credits received during the relevant assessment year. Details of Shaktigarh Textile and Industries Ltd. vs. DCIT case.

CA Darpan Inani: An Inspiration to All

November 6, 2023 6318 Views 0 comment Print

CA Darpan Inani is a qualified Chartered Accountant (CA) and a prolific blind chess player from Vadodara, Gujarat, India. Inani lost his vision at the age of three due to a rare skin condition called Steven Johnson Syndrome. However, he did not let his disability deter him from pursuing his dreams. He began playing chess at […]

Difference Between Revenue Stamp & Postage Stamp: A Comprehensive Guide

November 6, 2023 5430 Views 0 comment Print

Explore differences between revenue stamps and postage stamps in India. Learn their purposes, usage, and their significance in legal, financial, and postal processes.

Income Tax Exemption Notification: Punjab Infrastructure Regulatory Authority

November 6, 2023 468 Views 0 comment Print

Explore the latest Income Tax Notification No. 97/2023 dated November 6, 2023, regarding the Punjab Infrastructure Regulatory Authority’s specified income. Learn about the conditions and implications

Reducing Complexities in Small Business Finances: Utilizing Business Loan EMI Calculators and Aadhar Cards for Hassle-Free Loans

November 6, 2023 375 Views 0 comment Print

In this blog post we will cover two tools that can streamline this journey: Business Loan EMI Calculators and the Aadhar Card. Let’s see how these can make getting loans much simpler.

Mandatory Personal Hearing Before Adverse GST Assessment Order: Allahabad HC

November 6, 2023 912 Views 0 comment Print

Allahabad High Court rules that Assessing Authorities must provide an opportunity for personal hearing before passing adverse tax assessment orders, regardless of assessee’s choice.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031