Union Finance Minister Government has proposes 39 amendments to Finance Bill, 2022 Smt. Nirmala Sitharaman has proposed 39 amendments to Finance Bill, 2022 vide a Notice of Amendments dated 23.03.2022 introduced in Lok Sabha. Full text of the Notice of Amendments is as follows:- *List No. 1 LOK SABHA FINANCE BILL, 2022 [As introduced in […]
Stay updated with the recent developments in GST up until 23rd March 2022. Get insights on the Indian economy, GDP growth, inflation, and geopolitical risks.
The validity of FCRA registration certificates of such entities whose validity was extended till 31.03.2022 in terms of the Public Notice dated 31St December, 2021 and whose renewal application is pending will stand extended till 30.06.2022 or till the date of disposal of renewal application, whichever is earlier.
Shah Industries Through Proprietor Vishal Hastimal Sakaria Vs State of Gujarat (Gujarat High Court) The show cause notice is bereft on any material particulars or information. In the absence of any material particulars and the details, it is difficult for any individual to respond to such a vague show cause notice. Probably what the Authority […]
The film ‘KASHMIR FILES‘ has generated such a resounding success story in the realm of film making that it has kindled the conscience of the nation. While majority of the Indians has been emotionally moved by the visual contents of the movie pertaining to one of the darkest periods of ethnic cleansing of undisputable magnitude […]
Ensure a smooth transition to the new financial year with these important GST activities. Apply/renew LUT, select return filing frequency, and more.
The March ending of a financial year is not just important for CA’s in completing the income tax assignments for the previous financial year but also for taxpayers in order to invest in different instruments for tax saving purposes. However the perception has changed in recent times and now the taxpayers not only want to […]
Get ready for scrutiny of GST returns for 2017-18 and 2018-19. CBIC issues instructions as CGST begins audits. Stay prepared for potential queries.
In re Tamilnadu Skill Development Corporation (GST AAAR Tamilnadu) The facts of whether the appellant is a ‘Government entity’, whether all the activities are extended only to the State Government and whether the consideration received is limited to the `grants’ are fresh facts to be verified/ analysed with the respective documentary proof. Section 100(1) of […]
Yogesh Parashram Pangarkar Vs ITO (ITAT Pune) As per Income Tax Rule 6F the appellant i.e. Doctor has to maintain the books of accounts mentioned in the Rule 6F. The ld.AR submitted that the appellant is maintaining cash book and petty cash book. Even before the ld.CIT(A) the appellant had submitted that the appellant maintained […]
