Posts

CGST Rate on Footwear Increased WEF 01st January 2022

GST Rate Changes for Specified Composite & Pure Supply of Services

Govt. extends Last Date for Submitting Applications for Scrip based FTP Schemes [Read Circular]

Extension of FCRA registration certificates Renewal till 31st March 2022

Bank not a trustee of money deposited by Customers- Customer & Bank are creditor/Debtor: SC

Charges can be altered even after reversing Judgement: Madras HC dismisses Plea challenging Alternation of Charges on person accused of Non-Payment of Income Tax Arrears [Read Order]

SCN under Customs issued after six month of confiscation of gold was barred by limitation

Summary of various types of Income Tax Return (ITR) Forms

VAT Expenses on Deemed Import eligible to be set off against VAT Output: ITAT [Read Order]

CBIC amends 7 anti-dumping duty notifications to align with HSN 2022

Customs officials detect around 1 kg of cocaine

RBI approval for acquisition & transfer of immovable property by OCIs

Custom duty dues cannot be recovered indirectly by blocking Export Incentives

28% GST on Products containing Tobacco or reconstituted Tobacco and intended for Inhalation without Combustion: CBIC [Read Notification]

Centre notifies the Consumer Protection (Direct Selling) Rules, 2021

Over 4.67 crore Income Tax Returns filed on new e-filing portal

RBL Bank is well capitalised & financial position of it is satisfactory: RBI

Korean taxation: Evolution over the decades

Money Deposited in Bank not held by it as Trustee but it becomes part of Banker’s Fund payable on-demand with agreed Interest Rate: Supreme Court [Read Judgment]

How it is being a CS (Company Secretary)?

CBIC clarifies on Explanation added in Section 75(12) of CGST Act

Important Changes in GST made effective from 1st Jan 2022

Disallowance under Section 43B due to wrong reporting in Audit Report- ITAT restores the issue to AO

ITAT deletes disallowance for belated payment of employees’ contribution to PF & ESI

ITAT delete disalllowance for Employees’ contribution to PF & ESI paid before due date of ITR filing

Have you filed your Income Tax Return- Mistakes to Avoid

Request to extend due date for filing ITR & TARs | AY 2021-22

Penalty u/s 271AAB can only be levied on a person who was subject to search

MCA invites Public Comments on proposed changes to Corporate Insolvency Resolution and Liquidation Framework under IBC

S.68: Cash credits-Share application money-Shell company- Addition justified

Reverse Charge applicability on unregistered supplies for the period July 2017 to Oct 2017

E-Admit Card for CS Foundation Programme December, 2021 Exam

Govt notifies Electronic Gold Receipt as security under Securities Contracts (Regulation) Act, 1956

ITAT deletes addition for royalty – Dabur India gets relief

Relief to ETH Ltd: Calcutta HC deletes Disallowance on account of Professional and Consultancy Charges to Non Residents [Read Order]

Classification of Unfavoured/API/Chikni/Flavoured supari

Request for Extension of Due Dates under Direct Tax till 31.03.2022

Form – 23AC | Filing balance sheet & other documents with ROC

Representation to extend ITR & Tax Audit Report due dates

GST: Clarification w.r.t recovery of self assessed tax w.e.f 01.01.2022

Assessee to claim Deduction of Employee’s Share of ESI & PF if deposited prior to ITR filing: ITAT [Read Order]

Cabinet approves MoU between ICAI and The Polish Chamber of Statutory Auditors

All about filing of eForm AoC-4 NBFC (Ind AS)

CA Election 2021: ICAI notifies List of Elected Members to 25th Council [Read Notification]

Explanation-2 to section 36(1)(va) applicable from AY 2021-22

GST: Provisional Attachment of Property/ Bank Account w.e.f. 01.01.2022

E-Commerce Operators to Online Food Delivery aggregators won’t be able to Save Card information on their platforms as per new RBI Guidelines from Jan 2022: All you need to Know

All about filing of EForm AOC-4 CFS

GST Provision related to communication of Details of invoice or debit note to the recipient to be effective from 1 January, 2022: CBIC [Read Notification]

ITAT upheld bundled approach for benchmarking for interlinked transactions

Favorable Order on refund of ST amount paid on Ocean freight

Rental Income & Capital Gains: Taxes for Your First Real Estate Investment