https://taxguru.in/income-tax/assessment-order-directed-only-deceased-assessees-legal-heirs.html Clipped from: https://taxguru.in/income-tax/assessment-order-directed-only-deceased-assessees-legal-heirs.html Darpan Kohli & Ors Vs ACIT (Delhi High Court) Introduction: In a case concerning the taxation of a deceased individual, the Delhi High
Day: July 6, 2023
👍👍👍👍👍👍👍HC Excludes 01.03.2020 – 28.02.2022 from GST Refund Limitation Period
https://taxguru.in/goods-and-service-tax/hc-excludes-01-03-2020-28-02-2022-gst-refund-limitation-period.html Clipped from: https://taxguru.in/goods-and-service-tax/hc-excludes-01-03-2020-28-02-2022-gst-refund-limitation-period.html Overseas Vs Union Of India And Ors (Delhi High Court) Introduction: The Delhi High Court has provided significant relief to petitioners seeking refunds
Delay in filing of appeal condoned in absence of any deliberate/ intentional/ gross negligence
https://taxguru.in/income-tax/delay-filing-appeal-condoned-absence-deliberate-intentional-gross-negligence.html Clipped from: https://taxguru.in/income-tax/delay-filing-appeal-condoned-absence-deliberate-intentional-gross-negligence.html Nimesh Kanubhai Topiwala Vs DCIT (ITAT Surat) ITAT Surat held that the delay in filing appeal before ld CIT(A)/ NFAC is not
AAR cannot give ruling on question already decided by jurisdictional authority
https://taxguru.in/goods-and-service-tax/aar-ruling-question-decided-jurisdictional-authority.html Clipped from: https://taxguru.in/goods-and-service-tax/aar-ruling-question-decided-jurisdictional-authority.html In re Murshidabad Flour Mill Private Limited (GST AAR West Bengal) AAR held that Since the question raised had already been decided
Absence of Email Access is Valid Ground for Condonation of Delay
https://taxguru.in/income-tax/absence-email-access-valid-grounds-condonation-delay.html Clipped from: https://taxguru.in/income-tax/absence-email-access-valid-grounds-condonation-delay.html Mohammad Saleem Vs ITO (ITAT Delhi) The case of Mohammad Saleem v. ITO, Ward 63(3), New Delhi 110002 [ITA No.28/Del/2023], presided over by ITAT,
TCS partners Microsoft for generative AI solutions – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/tcs-partners-microsoft-for-generative-ai-solutions/article67048261.ece Clipped from: https://www.thehindubusinessline.com/info-tech/tcs-partners-microsoft-for-generative-ai-solutions/article67048261.ece TCS and Microsoft have announced plans to help customers jumpstart their generative AI journey Tata Consultancy Services has deepened its partnership with Microsoft by announcing
GST Council Meeting: GST Council to discuss scope of budgetary support for units in hilly states
https://www.business-standard.com/economy/news/gst-council-to-discuss-scope-of-budgetary-support-for-units-in-hilly-states-123070500875_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-to-discuss-scope-of-budgetary-support-for-units-in-hilly-states-123070500875_1.html The 50th GST Council meeting is scheduled to take place on July 11 in New Delhi Listen to This Article The Goods
Engineering goods exporters want FTAs with Latin America, Africa to expand market – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/engineering-goods-exporters-want-ftas-with-latin-america-africa-to-expand-market/article67048613.ece Clipped from: https://www.thehindubusinessline.com/economy/engineering-goods-exporters-want-ftas-with-latin-america-africa-to-expand-market/article67048613.ece In a strategy paper for boosting exports, propose more support for MSMEs, help in global branding, launch of domestic shipping line Engineering
GST Council to discuss tax valuation norms on online gaming on July 11
https://www.business-standard.com/economy/news/gst-council-to-discuss-tax-valuation-norms-on-online-gaming-on-july-11-123070501010_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-to-discuss-tax-valuation-norms-on-online-gaming-on-july-11-123070501010_1.html The council is also likely to thrash out a consensus on whether the tax would be levied on the full value of
US layoffs nearly halve in June as job cuts ease in technology sector
https://www.business-standard.com/world-news/us-layoffs-nearly-halve-in-june-as-job-cuts-ease-in-technology-sector-123070600731_1.html Clipped from: https://www.business-standard.com/world-news/us-layoffs-nearly-halve-in-june-as-job-cuts-ease-in-technology-sector-123070600731_1.html Like its peers, Amazon.com in March had said it would axe another 9,000 roles as a part of its second retrenchment drive,
Income Tax Return Revision Time Limit: Can you revise ITR for AY 2022-23 now? | The Financial Express
https://www.financialexpress.com/money/income-tax/income-tax-return-revision-time-limit-can-you-revise-itr-for-ay-2022-23-now/3156435/ Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-revision-time-limit-can-you-revise-itr-for-ay-2022-23-now/3156435/ Income Tax Return revision time limit and rules 2023: An updated return can be filed within 24 months from the end of
Credit Card portability: Change from Visa to MasterCard to RuPay or any network soon – What RBI said | The Financial Express
https://www.financialexpress.com/money/credit-card-portability-change-from-visa-to-mastercard-to-rupay-or-any-network-soon-what-rbi-said/3158041/ Clipped from: https://www.financialexpress.com/money/credit-card-portability-change-from-visa-to-mastercard-to-rupay-or-any-network-soon-what-rbi-said/3158041/ Credit Card portability rules 2023: From October 1, credit card, debit card and prepaid card customers will be able to port their
What is HSN Code in international trade and how to add it to GST portal? | The Financial Express
https://www.financialexpress.com/industry/sme/msme-eodb-what-is-hsn-code-in-international-trade-and-how-to-add-it-on-gst-portal/3157016/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-what-is-hsn-code-in-international-trade-and-how-to-add-it-on-gst-portal/3157016/ HSN Code Finder: The code follows a hierarchical structure, where the first two digits represent the chapter, the next two digits indicate
80% jump in delayed payment applications filed by micro, small enterprises in Q1 from year-ago: Govt data | The Financial Express
https://www.financialexpress.com/industry/sme/msme-fin-80-jump-in-delayed-payment-applications-filed-by-micro-small-enterprises-in-q1-from-year-ago-govt-data/3158985/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-80-jump-in-delayed-payment-applications-filed-by-micro-small-enterprises-in-q1-from-year-ago-govt-data/3158985/ Credit and finance for MSMEs: Even as the number of applications filed recorded a massive jump, the number of applications disposed by
Envisioning GST five years hence
https://www.business-standard.com/opinion/columns/envisioning-gst-five-years-hence-123070501015_1.html Clipped from: https://www.business-standard.com/opinion/columns/envisioning-gst-five-years-hence-123070501015_1.html The learning is for everyone, and with a common legal framework, the experiences of states are being shared with the Centre and
IT department turns lens on IVF clinics, designer clothing stores, NRI quota medical college seats – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/it-department-turns-lens-on-ivf-clinics-designer-clothing-stores-nri-quota-medical-college-seats/article67042302.ece Clipped from: https://www.thehindubusinessline.com/economy/it-department-turns-lens-on-ivf-clinics-designer-clothing-stores-nri-quota-medical-college-seats/article67042302.ece This was part of the department’s Central Action Plan to ‘widen and deepen’ the tax base in 2023-24 In vitro fertilization (IVF) clinics,
Jet Airways’ lenders tell SC they spent ₹470 crore under CIRP with no returns – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/spent-470-crore-under-cirp-with-no-returns-jet-airways-lenders-tell-sc/article67045957.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/spent-470-crore-under-cirp-with-no-returns-jet-airways-lenders-tell-sc/article67045957.ece ‘Creditors facing monthly expenses of ₹23 crore at present’ The Committee of Creditors (CoC) of Jet Airways, a grounded airline, informed the Supreme
Medical devices industry will be brought under full regulation by October: DCGI – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/medical-devices-industry-will-be-brought-under-full-regulation-by-october-dcgi/article67044559.ece lipped from: https://www.thehindubusinessline.com/economy/medical-devices-industry-will-be-brought-under-full-regulation-by-october-dcgi/article67044559.ece The DCGI mentioned that 50 percent of medical devices are already under regulation The entire medical devices industry will be brought under
What is the Uniform Civil Code all about? – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/bl-explainer-what-is-the-uniform-civil-code-all-about/article67045868.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-what-is-the-uniform-civil-code-all-about/article67045868.ece The Prime Minister’s recent remarks at a political rally has brought the issue to the fore again What is the Uniform Civil