Day: May 10, 2022
GSTN advisory on temporary measure on reporting 6% rate in GSTR-1 GSTN advisory on temporary measure on reporting 6% rate in GSTR-1 A new tax rate of 6% IGST or 3% CGST+ 3% SGST has been introduced on certain goods vide Notification No. 02/2022 dated 31st March 2022. …
Supreme Court explains law of conviction u/s 138 of NI Act on authorised signatories of firm/companies. civil liability vs Vicarious liability ABCAUS Case Law Citation ABCAUS 3589 (2022) (05) SC Important case law relied referred:Monaben Ketanbhai Shah and Another vs. State of Gujaratand Others (2004) 7 SCC 15Aneeta …
CBDT amends various Income Tax Forms CBDT has amended various Income Tax Forms as under: 1. Form No. 3CF related to application for registration or approval u/s 10(35) read with Rule 5C, Rule 5D, Rule 5E and Rule 5F 2. Form No. 10A – Statement to be furnished …
Guidelines under clause (23FE) of section 10 of the Income-tax Act, 1961 – CBDT Circular The Finance Act, 2020, inter-alia, inserted clause (23FE) in section 10 of the Income-tax Act, 1961 to provide for exemption to wholly owned subsidiaries of Abu Dhabi Investment Authority (ADIA), sovereign wealth funds …