Clipped from: https://taxguru.in/corporate-law/certification-msme.html WHO IS MSME? In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME)
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
👍👍👍👍👍No penalty if Assessee revises return before completion of Assessment & correct Bonafide mistake
Clipped from: https://taxguru.in/income-tax/penalty-assessee-revises-return-completion-assessment-correct-bonafide-mistake.html Shri Altaf Hussain Laskar Vs DCIT (ITAT Guwahati) The case of the assessee is that he has committed certain mistakes in computing the
👍👍👍👍👍Section 263 notice issued to a person after his death is invalid
Clipped from: https://taxguru.in/income-tax/section-263-notice-issued-person-death-invalid.html Mohammad Sharif Siddiqui (Through legal Heir Suhail Siddiqui) Vs ITO (ITAT Mumbai) In the assessment order itself, the learned Assessing Officer has mentioned
👍👍👍👍👍Rajasthan HC stays Time barred Re-assessment Proceedings
Clipped from: https://taxguru.in/income-tax/rajasthan-hc-stays-time-barred-re-assessment-proceedings.html Rajendra Bana Vs ITO (Rajasthan High Court) Shri Vedant Agarwal, learned counsel representing the petitioner drew the Court’s attention to the order dated
👍👍👍👍👍Reassessment proceedings becomes null & void if no valid service of section 148 notice
Clipped from: https://taxguru.in/income-tax/reassessment-proceedings-null-void-valid-service-section-148-notice.html Chitra Supekar Vs ITO (Bombay High Court) We have heard both counsels at length and have perused the proceedings. we agree with the
Penalty order cannot be passed without serving SCN
lipped from: https://taxguru.in/custom-duty/penalty-order-passed-serving-scn.html Sun Aviation Pvt. Ltd. Vs Commissioner of Customs (Export) (Delhi High Court) The Hon’ble Delhi High Court in M/s. Sun Aviation Pvt. Ltd. v. Commissioner of
👍👍👍👍👍All about HRA Exemption, Eligibility, Limit etc.
lipped from: https://taxguru.in/income-tax/hra-exemption-eligibility-limit.html What is HRA- House Rent Allowance HRA is paid to Salary individuals by the employer. HRA exemption can be claimed only by Salaried
👍Exemption u/s 54 to extent of non-deposit of unutilized amount in ‘Capital Gain Account Scheme’ not available
Clipped from: https://taxguru.in/income-tax/exemption-u-s-54-extent-non-deposit-unutilized-amount-capital-gain-account-scheme-available.html Ramalingam Nagarajan Vs ITO (ITAT Chennai) ITAT Chennai held that exemption under section 54 of the Income Tax Act not allowable to the
👍👍👍👍👍Tax liability on Composite & Mixed Supply under GST act 2017
Clipped from: https://taxguru.in/goods-and-service-tax/tax-liability-composite-mixed-supply-gst-act-2017.html In this article provisions regarding levy of tax on composite supply and mixed supply are discussed. Levy of GST on supply of goods
👍👍👍👍👍Taxation of taxpayers opting for presumptive taxation schemes
Clipped from: https://taxguru.in/income-tax/taxation-taxpayers-opting-presumptive-taxation-schemes.html To give benefit to small taxpayers from the exhausting job of maintaining books of account and getting the accounts audited, the Income-tax Act
👍👍👍👍👍Mere ‘reason to believe’ not satisfy condition for reopening of assessment
Clipped from: https://taxguru.in/income-tax/mere-reason-believe-satisfy-condition-reopening-assessment.html Punia Capital Pvt. Ltd Vs ACIT (Bombay High Court) The Hon’ble Bombay High Court in Punia Capital Pvt. Ltd. v. the Assistant Commissioner of
👍👍👍👍👍How NRI can save TDS on selling immovable property in India
Clipped from: https://taxguru.in/income-tax/nri-save-tds-selling-immovable-property-india.html Are you an NRI facing huge TDS on sale of your immovable property located in India? If yes, this article is for you
👍👍👍Revenue department cannot go beyond scope of SCN to create new ground at adjudication stage
Clipped from: https://taxguru.in/goods-and-service-tax/revenue-department-scope-scn-create-ground-adjudication-stage.html CJ Darcl Logistics Limited Vs Union of India Represented Through The Secretary (Jharkhand High Court) The Hon’ble Jharkhand High Court in M/s. CJ Darcl
👍👍👍GST Law in India
Clipped from: https://taxguru.in/goods-and-service-tax/gst-law-india.html GST is an indirect tax reform which attempts to create a common national market. GST has replaced multiple indirect taxes like excise duty,
👍👍👍👍👍Study on MSME – A Game Changer
Clipped from: https://taxguru.in/income-tax/study-msme-game-changer.html Introduction All Business Enterprises, whether commercial or non-commercial, commence their activities in a bootstrapped manner. Over the years, with their vision, persistent conviction,
👍👍👍GST: HC directs revenue to provide opportunity of hearing to ensure natural justice
Clipped from: https://taxguru.in/goods-and-service-tax/gst-hc-directs-revenue-provide-opportunity-hearing-ensure-natural-justice.html Mohan Agencies Vs State of U.P. and Another (Allahabad High Court) Providing opportunity of hearing ensures natural justice and allows Revenue Department to
👍👍👍Provisions Relating To TDS/TCS in Budget 2023
Clipped from: https://taxguru.in/income-tax/provisions-relating-tds-tcs-budget-2023.html TDS and Taxability of winning from online Games: With the technological advancement and rise of mobile and internet connectivity, a number of on
👍👍👍Amendments by Finance Act, 2023 related to Tax on Capital gain
Clipped from: https://taxguru.in/income-tax/amendments-finance-act-2023-related-tax-capital-gain.html Article explains Amendment made by Finance Act, 2023 with regard to some provisions under the head Capital gain which incudes amendment in Section 54, Section
GST on supply of ready to eat and ready to cook food products
Clipped from: https://taxguru.in/goods-and-service-tax/gst-supply-ready-eat-ready-cook-food-products.html In re SATS Food Solutions India Private Limited (GST AAR Karnataka) The applicant is engaged in the business of manufacture/production and supply of
👍👍👍RCM Liability under GST on Purchases From Unregistered Persons
Clipped from: https://taxguru.in/goods-and-service-tax/rcm-liability-gst-purchases-unregistered-persons.html Though it has been more than 5 years of completion of GST and government has left no stone unturned to celebrate the successful
aniltikotekar4sme.com 