• GST

51st GST Council Meeting recommendations related to casinos, horse racing & online gaming

3 years ago

51st GST Council Meeting recommendations related to casinos, horse racing and online gaming GST Council recommends certain amendments in CGST…

  • RBI

88% of the ₹2000 banknotes have returned back – RBI

3 years ago

88% of the ₹2000 banknotes have returned back as on 31.07.2023 - RBI The Reserve Bank of India on 19th…

  • Income Tax

Tax on High Premium insurance policy maturity to be on sum received minus premium paid

3 years ago

Tax on maturity of High Premium insurance policy to be on sum received minus premium paid though TDS u/s 194DA…

  • Income Tax

Without evidence of other source, income to be treated out of normal business of assessee- ITAT

3 years ago

When there is no other/separate source of income identified during the course of survey or during the course of assessment…

  • Income Tax

TDS Exemption u/s 194I on lease rent payments to units of ship leasing companies in IFSC

3 years ago

Exemption from TDS u/s 194I for payments of lease rents to units of ship leasing companies in IFSC CBDT has…

  • Income Tax

CBDT notifies Form 3AF for furnishing details of Preliminary Expenditure u/s 35D.

3 years ago

CBDT notifies Form 3AF for furnishing details of Preliminary Expenditure u/s 35D. The Income-tax (Fourteenth Amendment) Rules, 2023. In the…

  • Income Tax

Addition for cash payments to builder deleted by ITAT for want of clinching evidence

3 years ago

Addition for cash payments made to builder for purchase of residential house – ITAT deletes addition for want of any…

  • GST

Clarification on GST rates & classification as per recommendations of GST Council 50th meeting

3 years ago

Clarification regarding GST rates and classification of certain goods based on the recommendations of the GST Council in its 50th…

  • GST

RCM GST on services by director in his personal capacity, supply of food etc. in cinema hall

3 years ago

GST Clarification - RCM on services supplied by director of a company in his personal capacity, supply of food or…

  • Income Tax

Only five days time allowed to reply questionnaire was not sufficient opportunity

3 years ago

Only five days time allowed to reply questionnaire was not sufficient opportunity. ITAT deletes penalty u/s 272A(1)(d) of the Income…