Learn about the condonation of delay in filing LLP Form 3, Form 4, and Form 11 under Section 67 of the LLP Act, 2008. Explore the one-time relaxation in additional fees provided by the Ministry of Corporate Affairs (MCA) and the fee structure for compliance. Stay informed with insights and FAQs. Note: Consult professionals for personalized advice.
TDS on Cash Withdraw Understand TDS on Cash Withdrawals with insights on applicability, rates, and exemptions. Section 194N mandates a 2% TDS on cash withdrawals exceeding ₹1 crore. Learn about the time and conditions for deduction, plus scenarios exempt from TDS. Author CA. Atif provides a detailed example for clarity.
जीएसटी विभाग ने जीएसटी R3b में अधिसूचना के माध्यम से करदाता को प्राप्त आईटीसी रिवर्सल/ रिक्लेम आईटीसी और अयोग आईटीसी के संबंध में सही जानकारी देने के संबंध में यह परिवर्तन किया गया है। जब हम अधिसूचना संख्या 14/ 2022 /सेंट्रल टैक्स/ दिनांक 5 जुलाई 2022 तथा परिपत्र संख्या 170 /02 /2022/ जीएसटी /दिनांक 6 […]
Explore circumstances triggering Notice U/s Section 133(6) of the Income Tax Act, 1961. Uncover how technology aids the Income Tax Department in identifying tax evasion, including cases of fake deductions, underreported income, unsecured loans, and scrutiny of financial transactions. Understand the importance of prompt response to notices and the potential penalties for non-compliance. Author CA. Shiv Kumar Sharma provides insights to help navigate through these situations.
Supreme Court held that dues under Micro, Small, and Medium Enterprises Development Act, 2006 would not prevail over SARFAESI Act.
HC Observed that, neither the Adjudicating Authority nor the Appellate Authority had any material to doubt the Petitioner has rendered advisory services to the overseas recipient.
Electronic Credit Reversal and Reclaimed statement relates to notified changes made in GSTR 3B returns to enable taxpayers in reporting correct information regarding ITC availed, ITC reversal, ITC re-claimed and ineligible ITC.
Section 54 and 54F of the Income Tax Act governs the provisions of Capital Gain Tax Exemptions. The practical aspect of the transfer of property and capital Gain Exemption thereof is always subject to litigation. The judgments pronounced by the Hon’ble Court & ITAT provide guidelines to the assessee in this regard.
NCLAT possesses inherent powers, as outlined in Rule 11 of NCLAT Rules, 2016, enabling them to recall a judgement in cases involving procedural errors.
GST audits are being carried out by the department and notices are being issued impetuously, as we are nearing the last date to issue show cause notice for non-fraud cases of FY 2017-18. Out of the many audit points, demanding GST on personal guarantees given by Directors is one of the burning issues.
