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CESTAT e-Filing Software User Manual

March 9, 2023 3144 Views 0 comment Print

CESTAT e-Filing Software User Manual explains about New User Registration, User Home Page Navigation, Filing,  (Petition/Appeal) Filing – Petitioner, Application Filing – Petitioner/Respondent and Document Filing (Additional Document Upload on cestat.etribunals.gov.in/. User Registration 1. Click on ‘New User’ button for registration on e-Filing website – cestat.etribunals.gov.in/ 2. New User Registration page: For trial e filing […]

Interest U/s. 73 & 74 attracted only on wrong availment & utilisation of such ITC

March 9, 2023 4185 Views 0 comment Print

Under Sections 73(1) and 74(1) of CGST Act, proceedings can be initiated for mere wrong availing of Input Tax Credit followed by imposition of interest penalty if such credit was not only availed but also utilised for discharging tax liability.

Linking of PAN with Aadhaar to be done by March 31, 2023

March 8, 2023 2856 Views 0 comment Print

Every person who has been allotted a PAN to intimate Aadhaar Number to prescribed authority so that Aadhaar & PAN can be linked by 31.03.2023

Penalty imposed on company for not disclosing in Final statement regarding POSH Act 2013

March 8, 2023 2169 Views 0 comment Print

As per Rule 8 and 8A of the Companies (Accounts) Rules, 2014 other than one person Company or small company shall give a statement that the company has complied with the provisions relating to the constitution of Internal Complaint under the Sexual Harassment of women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 to be made with effect from 31.07.2018.

Mere wrong mention of section not fatal to addition

March 8, 2023 2295 Views 0 comment Print

Unexplained bank deposits cannot be considered under Section 68 and it falls under Section 69A. However, mentioning a wrong section by AO is not fatal.

No service tax on Road Construction Services to Government

March 8, 2023 3537 Views 0 comment Print

Apollo Construction Projects’ service tax dispute with ONGC, GWSSB, and AUDA. CESTAT Ahmedabad sets aside tax demand on road construction services provided to GWSSB and AUDA.

Compliance Calendar for The Month of March 2023

March 7, 2023 6621 Views 0 comment Print

Corporate Compliance Calendar For The Month of February, 2023 contains Compliance Requirement Under Income Tax Act, 1961, Goods & Services Tax Act, 2017 (GST), Other Statutory Laws, Foreign Exchange Management Act, 1999 (FEMA), External commercial Borrowings, SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015, , Companies Act, 2013 (MCA/ROC Compliance), Due dates of ROC Return Filings.

Govt notifies Cryptocurrency – Virtual digital assets under PMLA, 2002

March 7, 2023 2910 Views 0 comment Print

Central Government hereby notifies that the following activities when carried out for or on behalf of another natural or legal person in the course of business as an activity for the purposes of said sub sub-clause, namely:- (i) exchange between virtual digital assets and fiat currencies; (ii) exchange between one or more forms of virtual digital assets;

Roles & Responsibilities – A Handbook for CGST Officers

March 6, 2023 5034 Views 0 comment Print

Handbook, a ready reckoner, would certainly help the officers of all Ranks, within an Executive CGST Commissionerates, to get a clear idea of their functions, as mandated in the CGST Act, 2017 and the Rules

Financial Reporting Quality Review Report (FRQRR) of PSP Projects Limited

March 6, 2023 2718 Views 0 comment Print

NFRA undertook Financial Reporting Quality Review of Standalone Financial Statements of PSP Projects Ltd. on the basis of NFRA’s statistical sampling approach.

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