CBIC exempt the registered person whose aggregate turnover in the financial year 2022-23 is up to two crore rupees, from filing annual return for the said financial year vide Notification No. 32/2023-Central Tax, Dated: 31st July, 2023 Exemption: As per the first proviso to section 44 of the Central Goods and Services Tax Act, 2017 […]
Central Board of Indirect Taxes and Customs have issued a notification (No. 31/2023-Central Tax) dated 31st July 2023 to amend Notification No. 27/2022-Central Tax, dated 26th December 2022. Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. 31/2023- Central Tax | Dated: 31st July, 2023 G.S.R. 574(E).—In […]
The policy addresses major challenges like funding gaps, regulatory hurdles, and lack of infrastructure in deep tech startups. It proposes targeted interventions including grants, sandboxes, and shared resources. The takeaway is a structured roadmap for long-term startup sustainability.
Membership of IIISLA has been made mandatory by IRDAI for grant and renewal of licences for Surveyors and Loss Assessors. Such functions, being regulatory in nature, are not per se amenable within the jurisdiction of the Competition Commission of India.
Read about the Maharashtra Goods and Services Tax (Amendment) Act 2023, its key changes to the GST Act, and its implications for taxpayers in Maharashtra. Stay updated with the latest tax amendments.
Learn about the Jan Vishwas (Amendment of Provisions) Bill 2023, passed in Lok Sabha. Explore its aims, proposed amendments, and Ministry-wise Acts covered.
The CESTAT Chandigarh upheld the deletion of service tax on installation commissioning services on the ground of limitation. The case involved Himachal Futuristic Communication Limited.
A detailed analysis of the ITAT Pune judgement on Dinesh Patel vs ITO involving client code modification and tax assessment.
In a recent case, the ITAT Ahmedabad deleted the addition made on protective basis in the assessment of ACIT Vs. Rachna Finlease Pvt. Ltd. The tribunal upheld the findings of identity, genuineness, and creditworthiness of transactions made by the assessee.
SEBI issues Circular introducing Corporate Debt Market Development Fund (CDMDF) framework to enhance secondary market liquidity during stress and instill confidence.
