Read More: https://www.taxscan.in/cestat-sets-aside-revenues-demand-for-extended-period-in-absence-of-malafide-act-for-service-tax-evasion/273686/ lipped from: https://www.taxscan.in/cestat-sets-aside-revenues-demand-for-extended-period-in-absence-of-malafide-act-for-service-tax-evasion/273686/ The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), sets aside the Revenue’s Demand for Extended Period in the absence of
Category: Study
👍👍👍👍👍Brought forward unabsorbed depreciation can be set-off against income from other sources allowed
Clipped from: https://taxguru.in/income-tax/claim-set-brought-forward-unabsorbed-depreciation-earlier-years-income-sources-allowed.html Petrofils Cooperative Ltd Vs DCIT (ITAT Ahmedabad) ITAT Ahmedabad held that the assessee is entitled to claim of unabsorbed brought-forward depreciation to be
👍👍👍👍👍Companies Act Section 140(5) not become nugatory on auditor resignation: SC
Clipped from: https://taxguru.in/company-law/companies-act-section-1405-nugatory-auditor-resignation-sc.html Union of India and Another Vs Deloitte Haskins and Sells LLP & Anr (Supreme Court of India); Criminal Appeal No. 2305-2307 of 2022;
👍👍👍👍👍👍👍Taxation of Alternate Accommodation during Redevelopment
Clipped from: https://taxguru.in/income-tax/taxation-alternate-accommodation-redevelopment.html What is Redevelopment? Redevelopment refers to the process of reconstruction of the premises by demolition of the existing structure and construction of new
👍👍👍👍👍👍👍How to file GST return online
Clipped from: https://taxguru.in/goods-and-service-tax/file-gst-return-online.html Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. It has replaced
👍👍👍👍👍👍👍Any person registered or desirous of obtaining GST registration can seek Advance Ruling
Clipped from: https://taxguru.in/goods-and-service-tax/person-registered-desirous-obtaining-gst-registration-advance-ruling.html Anmol Industries Limited Vs West Bengal Authority for Advance Ruling (Calcutta High Court) Under the provisions of the Central Goods and Services Tax
👍👍👍👍👍👍👍Income Tax Portal Update: Dept adds New Functionality “Download CSI File” for TAN based Payment
Read More: https://www.taxscan.in/income-tax-portal-update-dept-adds-new-functionality-download-csi-file-for-tan-based-payment/274468/ Clipped from: https://www.taxscan.in/income-tax-portal-update-dept-adds-new-functionality-download-csi-file-for-tan-based-payment/274468/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20Tax%20Portal%20Update:%20Dept%20adds%20New%20Functionality%20%22Download%20CSI%20File%22%20for%20TAN%20based%20Payment The Income Tax Department has added a new functionality to the income tax portal to enable downloading Challan Status Inquiry or CSI file
🙏🙏🙏🙏🙏🙏🙏Maharashtra Real Estate Regulatory Authority issues SCN to Chartered Accountant for Violation of Regulations
Clipped from: https://www.taxscan.in/maharashtra-real-estate-regulatory-authority-issues-scn-to-chartered-accountant-for-violation-of-regulations/274420/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Maharashtra%20Real%20Estate%20Regulatory%20Authority%20issues%20SCN%20to%20Chartered%20Accountant%20for%20Violation%20of%20Regulations A Show Cause Notice was sent to a chartered accountant by the Maharashtra Real Estate Regulatory Authority (MahaRERA) for infringing the regulations under the Real
Supreme Court upholds quashing of Income Tax Assessment Proceedings initiated u/s 153C for Lack of Incriminating Evidence
Clipped from: https://www.taxscan.in/supreme-court-upholds-quashing-of-income-tax-assessment-proceedings-initiated-u-s-153c-for-lack-of-incriminating-evidence/274750/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Supreme%20Court%20upholds%20quashing%20of%20Income%20Tax%20Assessment%20Proceedings%20initiated%20u/s%20153C%20for%20Lack%20of%20Incriminating%20Evidence The Supreme Court has recently upheld the quashing of reassessment proceedings by the jurisdictional High Court and dismissed a bunch of appeals of
🙏🙏🙏🙏🙏Cooperative Credit Society Eligible for Income Tax Exemption u/s 80(P)(2) of Income Tax Act: Supreme Court
Clipped from: https://www.taxscan.in/cooperative-credit-society-eligible-for-income-tax-exemption-u-s-80p2-of-income-tax-act-supreme-court/274337/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cooperative%20Credit%20Society%20Eligible%20for%20Income%20Tax%20Exemption%20u/s%2080(P)(2)%20of%20Income%20Tax%20Act:%20Supreme%20Court In a major decision the Supreme Court of India ruled that the cooperative credit society is eligible for income tax exemption under Section
👍👍👍👍👍👍👍Input Tax Credit in GST: How to claim ITC and other key things to know for small businesses | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-input-tax-credit-in-gst-how-to-claim-itc-and-other-key-things-to-know-for-small-businesses/3070481/ GST Input Tax Credit: According to the Central Board of Indirect Taxes and Customs (CBIC), ITC is a mechanism to avoid the “cascading
👍👍👍👍👍👍👍TDS return online: Here’s all you need to know about TDS and TDS return guidelines; check details | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-tds-return-online-heres-all-you-need-to-know-about-tds-and-tds-return-guidelines-check-details/3071810/ TDS Return File Online: TDS return is a quarterly summary of all TDS transactions including tax collected from payments as well as deposits made
👍👍👍👍👍Bogus Purchases Bills without actual delivery of goods: ITAT directs AO to charge 6.5% Gross Profit Rate
Read More: https://www.taxscan.in/bogus-purchases-bills-without-actual-delivery-of-goods-itat-directs-ao-to-charge-6-5-gross-profit-rate/273701/ Clipped from: https://www.taxscan.in/bogus-purchases-bills-without-actual-delivery-of-goods-itat-directs-ao-to-charge-6-5-gross-profit-rate/273701/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Bogus%20Purchases%20Bills%20without The Mumbai bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to charge 6.5% Gross Profit Rate on
👍👍👍👍👍👍👍Social Security and its relevance under Labour legislation in India
Clipped from: https://taxguru.in/corporate-law/social-security-relevance-labour-legislation-india.html Introduction Social Security is one of the most important aspects of a welfare state, which is aimed at providing a safety net for
👍👍👍👍👍👍👍Code on Wages, 2019: An Analysis of its Implications for Labor Law in India
Clipped from: https://taxguru.in/corporate-law/code-wages-2019-analysis-implications-labor-law-india.html Introduction In August 2019, the Indian Parliament passed the Code on Wages, 2019. The Code on Wages consolidates and replaces four existing labor
👍👍👍👍👍The de-dollarisation debate
Clipped from: https://www.business-standard.com/opinion/columns/the-de-dollarisation-debate-123050101044_1.html There are reasons to be bearish on the greenback, but it is unlikely to lose the reserve currency status Of late, one of
👍👍👍👍👍Supreme Court rules it can directly grant divorce to couples under Article 142: How does the process work? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-law/supreme-court-divorce-explained-ruling-8585167/ While the parties can approach the family courts for initiation of divorce proceedings, this process is often time-consuming and lengthy, owing to a
👍Google now lets you add emoji reactions to Docs, drag and drop image into Sheets and more | The Financial Express
lipped from: https://www.financialexpress.com/life/technology-google-docs-now-lets-you-add-emoji-reactions-to-docs-drag-and-drop-image-into-sheets-and-more-3070123/ For select Google Workspace editions, users can now set their Google Meet video resolution to 1080p for a better video conferencing experience. X
🙏🙏🙏🙏🙏🙏🙏How to save tax after selling a house/property in India in 2023 – Explained | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/how-to-save-tax-after-selling-a-house-property-in-india-in-2023-explained/3069783/?ref=Must_Read Tax saving on selling a property in India: Selling a house for profit is a big decision. But not handling the tax implications
🙏🙏🙏🙏🙏🙏🙏No Depreciation on Goodwill from F.Y. 2020-21 – Advisory, Tax and Regulatory Compliance in India, Singapore and USA
Clipped from: https://taxmantra.com/no-depreciation-on-goodwill-from-f-y-2020-21/ Alert- Adjustment required in F.Y. 2020-21 if depreciation on goodwill claimed in F.Y. 2019-20 Income Tax Act, 1961 (Act) provides depreciation on ‘block
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