Explore the comprehensive procedure and criteria for Chartered Accountant firms to apply as Concurrent Auditors for State Bank of India, including eligibility, submission guidelines, and selection process.
Advisory for Timely Filing of GST Returns 1. It has been observed that some taxpayers faced difficulty in filing GSTR-3B of March 23’ period on 20th April 2023’. On analysing the reasons, it was noted that large number of tax payers attempted to file GSTR-3B returns in the afternoon of the last day (20.05 lakhs […]
Tata Consultancy Services Vs State of Andhra Pradesh (Supreme Court of India) In this case Supreme Court examined the transactions relating to the purchase and sale of software recorded on a CD in the context of the Andhra Pradesh General Sales Tax Act. The court held the same to be goods within the meaning of […]
The gross GST revenue collected in the month of April, 2023 is ₹ 1,87,035 crore of which CGST is ₹38,440 crore, SGST is ₹47,412 crore, IGST is ₹89,158 crore (including ₹34,972 crore collected on import of goods) and cess is ₹12,025 crore (including ₹901 crore collected on import of goods).
Finance Minister directed CBIC to introduce its automated GST return scrutiny by next week and to implement an action plan to increase the taxpayer base through enhanced use of technology.
The researcher analyses the Labor law regulations and unfair trade practices in the Industrial sector. For the purpose of this paper, the researcher tries to analyze the Garment Industry.
Special procedure will be applicable to the cases wherein application for revocation of cancellation of registration is being filed during the period from 1st April 2023 to 30th June 2023.
Re-Scheduling of Chartered Accountants Examination scheduled to be held on 10th May 2023 (Wednesday) at the Examinations Centre at Jalandhar (Punjab) and Jharsuguda (Odisha).
AO has no right to calculate sales on hypothetical basis ignoring the evidence submitted during the course of assessment proceedings. Once the amount is declared as turn over cannot be called concealed income and be taxed doubly on same amount. The addition U/s 68 is beyond jurisdiction of the ld. AO as the turnover is already reflected in the books of the assessee.
Gig economy or jobs can be in Layman’s term defined as employment received through small and brief appointments made by people who require it, that are made through different sorts of mediums. The mediums predominantly being technological in recent times but also has significance outside the domain too.
