• GST

CBIC clarification on various issues pertaining to GST treatment of vouchers

1 year ago

Clarification on various issues pertaining to GST treatment of vouchers CBIC has issued Circular No. 243/37/2024-GST dated 31.12.2024 clarifying  various…

  • Income Tax

No TDS on payments received by a credit guarantee fund of Central Government

1 year ago

No deduction of income-tax under Chapter XVII on payments received by a credit guarantee fund established and wholly financed by…

  • Income Tax

No TDS on payments received by National Credit Guarantee Trustee Company Limited

1 year ago

No deduction of income-tax under Chapter XVII on the payments received by the National Credit Guarantee Trustee Company Limited MINISTRY…

  • Income Tax

No TDS u/s 194Q for purchase of goods from a Unit of International Financial Services Centre

1 year ago

No deduction of tax to be made under the provisions of section 194Q of the said Act by a buyer,…

  • Income Tax

Accepting lender’s creditworthiness merely on basis of ITRs acknowledgement erroneous

1 year ago

Revision u/s 263 upheld as AO accepted creditworthiness of lender merely on the basis of acknowledgement of ITRs In a…

  • FCRA

Clarification on treatment & accounting of refund of TDS related to Foreign Contribution

1 year ago

Clarification regarding treatment & accounting of refund of TDS pertaining to Foreign Contribution The Ministry of Home Affairs (FCRA Division)…

  • Income Tax

Delay of 1 and ½ years in filing appeal cannot be considered as inordinate delay – ITAT

1 year ago

Delay of 1 and ½ years cannot be considered as inordinate delay unless negligence or want of due diligence on…

  • Companies Act

MCA extends date for filing Form CSR-2 for the financial year 2023-2024 to 31.03.2025

1 year ago

MCA extends date for filing Form CSR-2 for the financial year 2023-2024 to 31.03.2025 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New…

  • Income Tax

If TDS already deposited belatedly, continuing proceedings u/s 276B/278B abuse of law – HC

1 year ago

If amount of TDS has already been deposited though belatedly, to allow the proceeding u/s 276B/278B will be abuse of…

  • Income Tax

No move to use Digi Yatra data to track income tax evaders – CBDT

1 year ago

No move by Income Tax Department to use Digi Yatra data to track tax evaders Income Tax Department (CBDT) has…