Sponsored
    Follow Us:

CBDT condones delay in Form 10A filing upto Nov 25

November 1, 2022 18549 Views 0 comment Print

Representations have been received by the Board stating that Form No.10A in some of such cases could not be filed by 31.03.2022. It has been requested that the delay in filing of Form No.10A in such cases may be condoned.

SC explains charitable purpose & advancement of general public utility

October 21, 2022 13566 Views 0 comment Print

ACIT Vs Ahmedabad Urban Development Authority (Supreme Court) In these batch of appeals and special leave petitions, the primary question which falls for consideration is the correct interpretation of the proviso to Section 2(15) of the IT Act introduced by amendment w.e.f. 01.04.2009. It is necessary, at this stage, to notice that the IT Act visualized […]

Section 10(23C) approval cannot be given to profit-oriented educational institutions: SC

October 19, 2022 16323 Views 0 comment Print

Where the objective of the institution appears to be profit-oriented, such institutions would not be entitled to approval under Section 10(23C) of the IT Act.

Delayed payment of employees contribution towards PF/ESIC not allowable: SC

October 13, 2022 56841 Views 0 comment Print

Checkmate Services P. Ltd Vs CIT (Supreme Court) The factual narration reveals two diametrically opposed views in regard to the interpretation of Section 36(1)(va) on the one hand and proviso to Section 43(b) on the other. If one goes by the legislative history of these provisions, what is discernible is that Parliament’s endeavour in introducing […]

CBIC clarifies time limit for certain compliances under GST

October 4, 2022 12198 Views 0 comment Print

Clarification regarding time limit for certain compliances pursuant to issuance of Notification No. 18/2022-Central Tax dated 28.09.2022 Vide Notification No. 18/2022-Central Tax dated 28.09.2022, the Central Government has appointed 01.10.2022 as the date on which the provisions of sections 100 to 114, except clause (c) of section 110 and section 111, of the Finance Act, […]

FAQ’s on issues in filing of Tax Audit Report Form 3CA-CD/3CB-CD

September 27, 2022 27681 Views 2 comments Print

Discover the FAQs on issues in filing Tax Audit Report Form 3CA-CD/3CB-CD. Learn about prerequisites, process, and more.

NFRA debars CA from practice for 5 years & imposes penalty of Rs. 5 lakh

September 19, 2022 53331 Views 0 comment Print

NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate.

CBDT issued new Guidelines for compounding of Income Tax offences

September 16, 2022 39792 Views 1 comment Print

Compounding of offences is not a matter of right. However, offences may be compounded by the Competent Authority on satisfaction of the eligibility conditions prescribed in these Guidelines keeping in view factors such as conduct of the person, the nature and magnitude of the offence in the context of the facts and circumstances of each case.

MCA amends definition of Small Company w.e.f. 15.09.2022

September 15, 2022 168582 Views 2 comments Print

MCA notifies Companies (Specification of definition details) Amendment Rules, 2022 amending the definition of small company w.e.f. 15.09.2022 the limit of paid up capital and turnover for the small company has been increased to Rs. Four crore (Earlier 2 Crs.)  and Rs. Forty crore (Earlier 20 Crs.) respectively. New small company limit: Paid up Capital […]

EOW cracked a major PAN India income tax refund scam

September 14, 2022 21387 Views 2 comments Print

EOW cracked a major PAN India income tax refund scam being  operated from Delhi NCR area. Economic Offences Wing, Bhubaneswar arrested accused Neeraj Singla (28 years age), a resident of Faridabad, Haryana, on 09.09.2022 in connection with EOW PS Case No.15 dt.27.08.2022 U/s 420/467/468/471/120-B IPC/ Sec.66 IT Act. The arrested accused was produced before the […]

Sponsored
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31