Month: April 2023
Taxes on Cooperative Societies
Clipped from: https://taxguru.in/income-tax/taxes-cooperative-societies.html As per Budget announcement 2023-24, following income tax related benefits are being proposed for the Cooperative Societies: i. The new co-operative society formed
👍👍👍Amendment in Section 43B of Income Tax related to MSME
Clipped from: https://taxguru.in/income-tax/amendment-section-43b-income-tax-related-msme.html AMENDMENT RELATED TO MSME 1. As per amendment made by the Finance Act, 2023 where payment to ‘micro’ or ‘small’ vendor registered under MSME Act,
👍👍👍👍👍GST applicable on Voluntary Gratuitous Payment from Outgoing Members of Housing Cooperative Society: AAAR
Clipped from: https://www.taxscan.in/gst-applicable-on-voluntary-gratuitous-payment-from-outgoing-members-of-housing-cooperative-society-aaar/267143/?utm_campaign=Campaign+Name&utm_medium=email&utm_source=Newsletter The Maharashtra Appellate Authority of Advance Ruling (AAAR) has ruled that GST is payable on voluntary gratuitous payment from an outgoing member of
Non-application of mind without considering Relevant Documents: Bombay HC quashes Reassessment Notice [Read Order]
Read More: https://www.taxscan.in/non-application-of-mind-without-considering-relevant-documents-bombay-hc-quashes-reassessment-notice/266949/ Clipped from: https://www.taxscan.in/non-application-of-mind-without-considering-relevant-documents-bombay-hc-quashes-reassessment-notice/266949/?utm_campaign=Campaign+Name&utm_medium=email&utm_source=Newsletter The Bombay High Court quashed reassessment notice on the ground that there was non-application of mind by Assistant Commissioner of Income
👍Difference between audit of co-operative society & joint stock company
Clipped from: https://taxguru.in/company-law/difference-audit-co-operative-society-joint-stock-company.html Difference between audit of co-operative societies and joint stock companies – Auditor’s responsibility to Registrar & Society 1. Audit of all co-operative Societies at
aniltikotekar4sme.com 