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Archive: 11 October 2024

Posts in 11 October 2024

ITAT Deletes Section 69A Addition After AO Accepts Property Sale

October 11, 2024 1041 Views 0 comment Print

ITAT Delhi removes addition of ₹2.9 Cr by AO in property transaction under Section 69A. CIT(A) accepts purchase and sale documents. Read the full judgment.

Madras HC Condones 5-Day Delay in Appeal Due to GST Portal Order Unawareness

October 11, 2024 375 Views 0 comment Print

Madras HC condoned SKV Industries 5-day delay in filing an appeal against a GST assessment order and directed the Appellate Authority to review the case on merits.

Income Tax Notification: Section 10(46) for Haryana’s District Legal Service Authority

October 11, 2024 633 Views 0 comment Print

CBDT notifies tax exemption for Haryana’s District Legal Service Authorities under Section 10(46) of Income Tax Act, 1961, for specified incomes till 2028-2029.

Section 10(46) Income Tax Exemption Notification: Real Estate Regulatory Authority, Delhi

October 11, 2024 1320 Views 0 comment Print

CBDT grants tax exemption to Real Estate Regulatory Authority, New Delhi under Section 10(46) of the Income Tax Act for specified income from 2018-2019 to 2022-2023.

Income Tax Exemption Notification: Section 10(46) – Gujarat Water Supply & Sewerage Board

October 11, 2024 936 Views 0 comment Print

CBDT grants tax exemption to Gujarat Water Supply and Sewerage Board, Gandhinagar under Section 10(46) of the Income Tax Act for specified income.

Income Tax Exemption for SLDC UI Fund WBSETCL | Notification

October 11, 2024 708 Views 0 comment Print

Notification under Section 10(46) IT Act: Income Tax exemption for State Load Despatch Centre Unscheduled Interchange Fund, WBSETCL for FY 2022-2023 and 2023-2024.

CBI Arrests Customs Officials in Bribery Case

October 11, 2024 1752 Views 0 comment Print

CBI arrests Customs Superintendent and private firm rep for ₹3.18 lakh bribe; over ₹22.7 lakh recovered during searches.

RBI Invites Applications for Faculty Research Scholarships

October 11, 2024 2382 Views 0 comment Print

RBI seeks applications from faculty for research scholarships in economics and finance. Deadline: November 5, 2024. Duration: 3 months from December 9, 2024.

Shri Shyam Industries Private Limited Vs Prosperity Steels Limited (NCLT Kolkata)

October 11, 2024 741 Views 0 comment Print

Shri Shyam Industries Private Limited Vs Prosperity Steels Limited (NCLT Kolkata) In the case of Shri Shyam Industries Private Limited –vs.- Propserity Steels Ltd. [CP (IB) No. 998/KB/2018, Kol dated 18-02-2021], the Resolution Applicant sought various reliefs and concessions. In response to the same, NCLT has held as under: – With respect to waiver of […]

GST Applicability on Financial, Operating, Dry and Wet Lease

October 11, 2024 6327 Views 0 comment Print

Learn the GST implications of financial, operating, dry, and wet leases. Understand supply classification, time of supply, and Input Tax Credit applicability.

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