Day: October 15, 2024
CBIC clarifies various doubts related to Section 128A of the CGST Act, 2017 relating to waiver of interest or penalty or both in respect of demands under section 73 CBIC has issued Circular No. 238/32/2024-GST dated 15th October, 2024 to clarify various doubts regarding newly inserted section 128A …
CBCI clarifies issues on eligibility and conditions for taking input tax credit u/s 16(5) and 16(6) of CGST Act 2017 As per sub-section (5) and sub-section (6) of section 16 of the Central Goods & Services Tax Act, 2017 (the “CGST Act”) inserted in section 16 of the …
CBDT amends Form No. 10A and Form 10AB for provisional registration of charitable trusts. This amendment is effective from 1st day of October, 2024. CBDT amends Form No. 10A for provisional registration of charitable trusts. CBDT Notification No. 111/2024 dated 15.10.2024 notified the Income-tax Amendment (Seventh Amendment) Rules, …
TDS can’t be denied where assessee offered income from NHAI contracts in earlier years but TDS had been deducted in subsequent assessment years In a recent judgment, ITAT Delhi has held that TDS cant be denied in a situation wherein, the assessee had offered income from NHAI contracts …
