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.
Supreme Court of India addresses the differentiation between ‘basic wage’ as defined by EPF Act and ‘minimum wage’ under Minimum Wages Act.
A Committee of Experts to ‘Onshoring Indian Innovation to GIFT IFSC’ constituted by IFSCA submitted its report to Chairperson, IFSCA on August 14, 2023.
Please read the following advisory carefully before proceeding ahead for reporting the ITC Reversal opening balance: 1. Taxpayers are permitted to use this facility to report their ITC Reversal Balance that has not been re-claimed. 2. The taxpayer is advised to report solely those reclaimable ITC reversal balances that meet the legal criteria for re-claim […]
