We would like to inform that IIM Jammu is inviting applications for Doctoral Programme (Full Time/Part Time) at special eligibility criteria to Chartered Accountants across the country. This Ph. D. Programme will develop the skillset to identify complex issues in the field of management and promote research in the fields of accounting, auditing, monetary policies […]
It has been noted that a section of the media has reported that feedback has been sought from States regarding a suggestion for raising Good & Services Tax (GST) rates on 143 items.
Local Committees to deal with Taxpayers’ Grievances from High-Pitched Scrutiny Assessment (‘Local Committees’) are required to be constituted in each Pr.CCIT region across the country including the Pr.CCIT (Exemption) and Pr.CCIT (International Taxation).
DCIT Vs Saint Gobain India Private Limited (Madras High Court) In the present cases, the Financial Year is 2015-16 and the assessment year is 2016-17. The period of 21 months would commence on 31.03.2017, the assessment year ended on 31.12.2018 normally and the extended period would end on 31.12.2019 and not on 01.01.2020. The contention […]
It has come to the notice of IRDAI that an entity by the name ‘Even Healthcare Pvt Ltd’ having their corporate office at ‘No.311,6th Main Road, HAL 2nd Stage, Indira nagar, Bengaluru, Karnataka- 560038’ and having website www.even.in is offering health plans. It is to inform the public that the plans offered by Even Health […]
Cash Credit is any sum found credited in the books of the taxpayer either by cash or bank deposit, for which he offers no explanation about the nature and source of funds or the tax authorities are not satisfied by the explanation offered by the taxpayer.
Like an examiner who examines answer sheets of an unknown pupil of a Board Exams, without any discrimination as to caste, creed, gender, race, religion etc, the faceless proceedings augment these features with an additional feature relevant to Taxation viz. the Economic Status of the assessee.
CBDT has enabled the common offline utility for filing ITR-1 and ITR-4 for the Assessment Year 2022-23 and ITR 2 and ITR 3 will be enabled shortly. Taxpayers can download ITR Offline Utility through “Downloads” Menu option, fill and file the ITR through the same. ITR-1 is required to be filed by For individuals being […]
Stay updated with the latest GST portal functionalities. Learn about the new interest calculator in GSTR-3B and how it can assist taxpayers with self-assessment.
The functionality for updating UDIN against the Audit reports submitted by CA users has been enabled at e-filing portal www.incometax.gov.in. Please note that this functionality may not be used for updating UDIN for Forms submitted prior to April 2021. In this functionality only those Forms will be shown which are accepted by the Assessee. This Instruction […]
