Read advisory from Ministry of Road Transport and Highways regarding levy of taxes on tourist vehicles under All India Tourist Vehicles Permit Rules.
Concerns over errors in Income Tax portal. These errors led to thousands of notices being erroneously sent out to assessees, leading to confusion and panic.
CESTAT held that number of appeals should correspond with number of distinct decisions or orders, not number of order numbers in an original order. Essentially, if a single order-in-original has multiple numbers, it doesn’t necessitate multiple appeals.
Govt reduces SAED on production of Petroleum Crude to Rs. 6700 per tonne from 7,100 per tonne and increases SAED on export of ATF to Rs. Rs. 4 per litre from existing Rs. 2 per litre.
Notification No. 74/2023-Income Tax Dated: 1st September, 2023 under section 10 sub section 46 of Income Tax Act 1961 in case of Rajasthan State Dental Council. Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) New Delhi Notification No. 74/2023-Income Tax | Dated: 1st September, 2023 S.O. 3863(E).—In exercise of the powers conferred […]
Vide Limited Liability Partnership (Second Amendment) Rules, 2023 MCA Amends LLP Form No. 3 – Information with regard to Limited Liability Partnership Agreement and changes, if any, made therein and LLP Form No. 4 (Notice of appointment, cessation, change in name/ address/designation of a Designated Partner or Partner and consent to become a Partner/Designated Partner) wef […]
ITAT Delhi’s verdict on JBJ Technologies Ltd. Vs DCIT: Rectification under Section 154 of Income Tax Act can’t adjust prior period expenses.
Insights into India’s G20 presidency, sustainable development goals, ICAI initiatives, and the importance of environmental, social & governance reporting.
Analysis of ITAT Delhi’s decision on the case between Home Developers Project Pvt. Ltd. & DCIT. Focus on AO’s failure & burden of evidence on the assessee.
Dive deep into Annual Report of APA Programme in India for years 2019-2022. Explore CBDT’s efforts, accomplishments, and challenges in ensuring tax certainty.
