Day: January 2, 2023

Disallowance u/s 40A(3) for Cash Payments out of Business expediency deleted by ITAT following Supreme Court judgment ABCAUS Case Law CitationABCAUS 3629 (2023) (01) Important Case Laws relied upon:Attar Singh Gurumukh Singh vs. ITO Ludhiana 1991 AIR 2109 (SC) In the instant case, the assessee had challenged the …

  CBDT clarifies applicability of Section 269ST in respect of dealership/distributorship contract in case of Co-operative Societies Circular No. 25/2022 F. No. 225/129/2022/ITA-II Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) •••••   New Delhi, Dated 30th December, 2022 Subject: Clarification for …

Draft Multipurpose Empanelment Form (MEF) for year 2022-23 available Draft Bank Branch Auditors’ Panel (MEF) of Chartered Accountants/firms for the year 2022-23 has been hosted at www.meficai.org The Panel is just a draft and the category of the applicants of Multipurpose Empanelment Form for the year 2022-23 is …