KSCAA addresses technical issues in the Income Tax Portal, urging CBDT for prompt resolution to ensure smooth filing of returns before the July 31 deadline.
Learn how to calculate turnover for derivatives, speculative transactions, and multiple businesses as per ICAI’s revised 2023 guidance on tax audit under Section 44AB.
Explore various threshold limits under the Companies Act, 2013, with detailed compliance requirements for listed, public, and private companies.
Understand the latest changes in DIR-3 KYC, including rules for updating email IDs and mobile numbers, fees, and filing details. Learn more about these crucial updates now.
Explore the impact of Tax Deducted at Source (TDS) on commercial business income in India. Detailed analysis, rates, compliance, and implications discussed.
Bombay High Court decision in CIT Vs Madhukar K. Inamdar H.U.F., addressing applicability of CBDT Circular dated 15-05-2008 on tax effect limits for appeals.
In the case of Mewar Hospital Pvt. Ltd. Vs ACIT (ITAT Jodhpur), Bench ruled no addition for explained demonetization currency deposited in bank, validating proper accounting practices.
Dhanpat Raj Khatri Vs ITO (ITAT Jodhpur) If the explanation based on accounts supported by affidavit is not controverted, no addition should be made.
Understand GST ITC eligibility on wires/cables & equipment for electricity transmission. Detailed analysis of Gujarat AAR ruling on Elixir Industries.
The AAR Gujarat rules that nominal charges deducted for canteen services from employees salaries are not subject to GST. Learn more about the detailed ruling and ITC implications.
