CBDT notifies Income tax rules 17AA. Books of account and other documents to be kept and maintained by institution or trust or any university or other educational institution or any hospital or other medical institution u/s 10(23C) or Sec 12A vide Notification No. 94/2022-Income Tax Dated: 10th August, 2022 – Income-tax (24th Amendment) Rules, 2022. MINISTRY OF […]
Ministry not have any role in corporate insolvency resolution process (CIRP) of a corporate debtor under IBC 2016
No rule making power provided under section 59 ‘Voluntary liquidation for corporate persons’ in the Insolvency and Bankruptcy Code, 2016.
Disclosures relating to acquisition/disposal of securities by promoter, member of promoter group, designated persons and Directors of company are required to be made only to Stock Exchanges
Audit observed that owing to continuing extensions in the roll out of simplified return system, and delay in decision making, the originally envisaged system verified flow of ITC was yet to be implemented despite more than three years of roll out of GST.
existing forms of ITR and TAR do not capture details of exports and imports undertaken during the respective FY by any entity engaged in Gems and Jewellery business.
SAT held that annual listing fee payable inspite of suspension on Trading of Securities. Listing & trading of securities are distinct terms
The tax liability of the petitioner does not get effaced by efflux of time. The Department can attach the property under Rule 48 r/w Rule 60 and bring the same property for sale in terms of the provisions of the IInd schedule to the Income Tax Act, 1961.
Whether the Government proposes to consider reducing the Goods and Services Tax (GST) rate of 18 per cent on wet grinders
IRDAI has clarified that they have not taken any decision with regard to disclosure of commission on Insurance policy document.
