CBDT amends rule 128 and relaxes conditions for filing of form no. 67 for claiming Foreign Tax Credit vide Notification No. 100/2022-Income Tax
GSTN enables Functionality for Tax Payers in GST Portal wef 16.08.2022 related to CORE Amendment Link For Taxpayers who fail To Update Bank account, Changes in HSN length validation in Form GSTR-1, HSN based validation in Form GSTR-9, Generation of GSTR-11 based on GSTR-1 and GSTR- 5 for UIN holders and Updation of Statistics on […]
MCA vide its Notification dtd. 18th August, 2022, has notified Companies (Incorporation) Third Amendment Rules, 2022 which pertains to physical verification of the registered office address of the Companies. This rule is added to make sub-section (9) of section 12 fully functional and to provide the procedural aspect. Sub-section (9) was inserted vide the Companies […]
Stay compliant with the new MCA rules: daily backup of books of account is now mandatory for companies.
Taxation on the accommodation sector has seen multiple changes in GST regime with tweaking to the tax rate slabs, change in valuation mechanism from Declared Tariff to transaction value, etc
Stay updated with the recent changes in GST till 16th August, 2022. Understand the impact of these updates on India’s growing economy.
Allahabad HC quashed Income Tax reassessment Order notices for violating principle of natural justice & imposed Rs. 50 Lakh cost on Officers
CBIC Guidelines on Issuance of GST Summons under Section 70 of Central Goods & Services Tax Act, 2017 – Instruction No. 03/2022-23[GST-INV]
CBIC issued Guidelines for arrest and bail for offences punishable under CGST Act, 2017 Instruction No. 02/2022-23 [GST – Investigation]
If an assessee has cash available prior to demonetization and if he opted to deposit the same multiple times, there is no prohibition in law for such deposits.
