Ministry clarifies TDS refund transfer to FCRA accounts, stating it’s not a violation and must be reported as “other income” in Form FC-4.
Ministry of Home Affairs amends Foreign Contribution rules with changes to carry forward unspent administrative expenses and updated reporting in Form FC-4.
CBIC clarifies GST treatment of vouchers, including trading, commission models, and unredeemed vouchers (breakage), providing clarity for businesses and distributors.
CBIC clarifies place of supply for online services provided to unregistered recipients under IGST Act, including mandatory state name on invoices
CBIC clarifies ITC eligibility for goods delivered under Ex-Works contract as per Section 16(2)(b) of CGST Act, 2017
The circular clarifies that electronic commerce operators under section 9(5) of CGST Act need not reverse input tax credit for specified services, excluding restaurant services.
CBDT promotes Joint Commissioners of Income Tax to NFSG Level 13 with notional effect from January 1, 2022. Notification issued on December 31, 2024
CBDT promotes Joint Commissioners to Selection Grade (NFSG) with notional effect from January 1, 2022, or 2024, as applicable. Notification issued on December 31, 2024.
AO had made the addition with the observation that no response was received from assessee. Based on that, he proceeded to complete the assessment u/s 144 based on the information available on his record.
Government promotes Assistant Commissioners to Deputy Commissioners of Income Tax effective January 1, 2025. Subject to ongoing legal proceedings
