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Archive: 06 May 2024

Posts in 06 May 2024

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 6375 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Live Course on How to Reply to GST Notices & SCN & to Fake ITC Notices? – Last day to Register

May 15, 2024 19386 Views 0 comment Print

Join our live course to learn expert strategies for replying to GST notices, SCNs, and fake ITC notices. Understand litigation nuances, evidence insights, and practical tips for effective responses. Register now!

Due Date Compliance Calendar May 2024

May 6, 2024 1841610 Views 71 comments Print

Stay updated with the compliance due dates for GST, Income Tax, ESI, and PF Acts. This comprehensive calendar includes important dates for GSTR-1, GSTR-3B, ITC-04, GSTR-5 & 5A, GSTR-6, GSTR-7, GSTR-8, TDS/TCS payment, Advance Tax payment, TDS/TCS certificate issuance, Aadhaar-PAN linking, PF/ESIC payment, and PF return filing.

Corporate Compliance Calendar for May, 2024

May 6, 2024 653529 Views 29 comments Print

CORPORATE Compliance CALENDAR  covers Compliance under Income Tax act, 1961, Compliance under Goods & Services Act, 2017, Compliance under Other Statutory Laws (PF, ESIC, Under Factories Act, 1948 and Contract Labour Regulation and Abolition Act, 1970 )  and Quarterly Compliances under SEBI (LODR) Regulations 2015.

Nirmala Sitharaman Swears in Sanjaya Kumar Mishra as GSTAT President

May 6, 2024 759 Views 0 comment Print

Union Finance Minister Nirmala Sitharaman inaugurates Sanjaya Kumar Mishra as the first President of GST Appellate Tribunal in New Delhi. Learn about the significance and impact.

Taxation of Physical Gold, Paper Gold & Gold Derivatives in India

May 6, 2024 1083 Views 0 comment Print

Explore the intricacies of gold taxation in India, covering physical gold, paper gold, gold derivatives, inheritance tax, and compliance measures.

Reporting on Audit Trail under the Companies Act, 2013

May 6, 2024 22668 Views 0 comment Print

An audit trail serves as a digital footprint, meticulously documenting each financial transaction and alteration made within a company’s accounting records. This trail not only provides a historical record of financial activities but also acts as a safeguard against fraudulent or erroneous manipulations.

Investments from NRE Accounts not taxable under Section 10(d) of Income Tax

May 6, 2024 3846 Views 0 comment Print

Explore the Gujarat High Court judgment on reopening an NRI assessment, analyzing investments from NRE accounts and failure to file income returns. Detailed legal insights provided.

Cancellation of liquor License Requires Cogent Material: Allahabad HC

May 6, 2024 132 Views 0 comment Print

Detailed analysis of Sandeep Singh vs. State of U.P. regarding cancellation of liquor license under United Provinces Excise Act 1910 by Allahabad High Court.

Section 43B deduction cannot be denied merely for not claiming in tax audit report

May 6, 2024 1233 Views 0 comment Print

Explore the detailed analysis of Maruti Enterprise Vs ADIT(CPC) case by Rajkot ITAT regarding the allowance of deduction U/s 43B based on payment basis. Understand the implications of tax audit report discrepancies.

ITAT allows rectification of mistake of applying registration in Form 10AB instead of Form 10A

May 6, 2024 648 Views 0 comment Print

Explore the Mandava Foundation vs. ITO case, where the Hyderabad ITAT condones an assessee’s mistake in registration, allowing them to rectify the error and granting regular registration.

Section 271(1)(c) penalty not automatic on mere expense Disallowance or Income Enhancement 

May 6, 2024 639 Views 0 comment Print

Tribunal ruled that mere disallowance of expenses or enhancement of returned income does not automatically warrant the imposition of penalties under Section 271(1)(c)

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