Draft submission to ITAT when AO doesn’t comply with section 147 to 151 of Income Tax. Ground of Appeal & Arguments in writing, AO’s reasons recorded u/s 148(2) were never supplied to assessee. Assessment bad in law & spirits as reopening bad enough.
In Finance Bill 2023 Finance Minister recommended significant though few changes relating to Income Tax Search & Seizure
Protect the interest of Micro and Small businesses with time limit for payment, interests & MSME Samadhan scheme. Disallowance under Section 43B: a retrograde step?
This article explains the process of Investor Education and Protection Fund (IEPF) established by the Central Government to promote investor awareness and protect their interests. Learn all about IEPF-5 and how to claim refund of unpaid dividend or matured deposits via section 125(3)(a) of the Companies Act, 2013.
While the previous budget solely focussed on corporate tax incentivising to boost the manufacturing, infrastructure spending and ease of doing business, Budget 2023 focussed not only on building on its previous focus but also augmenting it with socio economic measures.
Understand the Old Vs. New Tax regime proposed by Budget 2023-24. Learn how to get the best outcome with our examples for the Assessment Year 2024-25. Google optimization for New vs. Old Income Tax regime with examples – Budget 2023.
Section 43B(h) any sum payable by the assessee to a micro or small enterprise beyond the time limit specified in section 15 of the Micro, Small and Medium Enterprises Development Act, 2006 shall be allowed as deduction only on actual payment.
Discover the key highlights of the Union Budget 2023 regarding changes in Customs & Excise, including notification numbers and proposed rates of duty. Get all the info here!
Familiarize yourself with the Budget 2023 related updates in GST, as India witnesses GDP growth of 6-7%. Get all the details with Economic Survey 2023-24.
Understand proposed amendments to the Income Tax Act 1961 for Budget 2023 and their impact on premium and paid expenses from Micro and Small Enterprises.
