Day: July 16, 2024
Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 53rd meeting Circular No. 229/23/2024-GST Government of India Ministry of Finance Department of Revenue (Tax Research Unit) North Block, New Delhi Dated the 15th July, 2024 ToThe Principal Chief Commissioners/ Principal …
Clarifications on applicability of GST on certain services as per 53rd GST Council meeting Circular No. 228/22/2024-GST F. No. CBIC-190354/94/2024-TO(TRU-11)-CBECGovernment of India Ministry of Finance Department of Revenue (Tax Research Unit) North Block, New Delhi Dated the 15th July, 2024 To,The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ …
Merely increasing agriculture expenditure & reducing agriculture income will not result in income from other sources – ITAT In a recent judgment, ITAT Bengaluru has held that increasing or decreasing of any agriculture expenditure is irrelevant if income of the assessee is solely agriculture in nature & merely …
Not generating e-Tax Invoice before movement of goods was human error in absence of finding of mens rea – High Court In a recent judgment, the Hon’ble Allahabad High Court has held that the error committed by the assessee for not generating E Tax Invoice before movement of …
Companies (Incorporation) Amendment Rules 2024 Government of IndiaMinistry of Corporate Affairs Notification New Delhi the 16th July, 2024 GSR…(E )- In exercise of powers conferred by sub sections (1) and (2) of section 469 of the Companies Act 2013 (18 of 2013), the Central Government hereby makes the …
Period of 45 days for reporting MSME over dues to be calculated from the date of of acceptance or deemed acceptance of goods or services – MCA MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 15th July, 2024 S.O. 2751(E).—In exercise of the powers conferred by section 405 of …
