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Advisory for launch of ICEGATE 2.0

November 17, 2022 2403 Views 0 comment Print

CBIC is launching ICEGATE 2.0 in phased manner w.e.f. 16.11.2022. Users will be intimated about various upcoming modules in advance by way of pop up/tickers/notifications. Users will continue to use existing features of ICEGATE 1.0 and additional features under ICEGATE 2.0 till the complete rollout of the latter.

Income Tax Reassessment invalid if AO failed to obtain requisite sanction u/s 151 from Pr. CIT

November 17, 2022 657 Views 0 comment Print

Income Tax Reassessment invalid if A.O having jurisdiction over the case of the assessee had failed to obtain the requisite sanction u/s 151 of the Act from the Pr. CIT qua his ‘reasons to believe’

MCA penalises company for not filing its Annual Return

November 17, 2022 1953 Views 0 comment Print

Company is in default for filing its Annual Return for financial years 2018-2019 with office of Registrar of Companies so MCA imposed penalty

Company not located at registered office premises – MCA imposes penalty

November 16, 2022 1782 Views 0 comment Print

Whereas this office received a communication from Reserve Bank of India vide letter No. DOS.RSS(BLR).No. S91/24.08.028/2022-23 dated 22.04.2022 stating that the letters sent to the subject company to the addressed mentioned in the MCA database were returned undelivered and also that a physical inspection was also made to the premises of the company and it was found that the company was not located at the registered office premises.

5 Lakh penalty imposed for not printing Company CIN on company’s business letters etc.

November 16, 2022 1098 Views 0 comment Print

The company in its application has submitted that the CIN was not printed in the company’s business letters, bill heads etc. upto 2021. Hence the company has violated the provisions of Section 12(3)(c) of Companies Act, 2013.

Co-Browsing and how it help Income Taxpayer service – FAQs

November 16, 2022 1062 Views 0 comment Print

Co-browsing, also known as collaborative browsing, allows the Helpdesk agents to collaborate with the taxpayer’s browser in real-time, just at the click of a button. Agents can view and securely co navigate the Taxpayer’s browser screen and guide them interactively to deliver real-time and personalized support.

Reasons for Ethereum’s Intrinsic Value

November 16, 2022 738 Views 0 comment Print

Ethereum has been around for seven years. But a lot has happened in the short time since its unveiling on July 30, 2015. Ethereum has developed itself as the most active blockchain network, with its native token, Ether, now ranking second in market cap and daily volume.

Satoshi- Understanding the Smallest Bitcoin Unit

November 16, 2022 1830 Views 0 comment Print

Most people do not know that Bitcoin has smaller units. Most people consider Bitcoin the overall coin, but that is not the case. It is crucial to understand the existing tokens and how Bitcoin works quickly.

Is Digital Yuan Ready to Take on the US Dollar?

November 16, 2022 729 Views 0 comment Print

A significant trend that is increasingly taking root across the world is the introduction of digital currencies. Central bank-issued digital currencies, popularly known as CBDCs, are now a reality.

What HODL Means in Bitcoin Investing

November 16, 2022 576 Views 0 comment Print

Like any other investment sector, the crypto industry has a vocabulary you should learn. Learning how and when to use some terms, mainly when trading your Bitcoin, is essential.

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