• Income Tax

Penalty u/s 271(1)(c) deleted as quantum addition was reduced significantly

4 years ago

Penalty u/s 271(1)(c) deleted as quantum addition was reduced significantly from 100% to 20% in respect of bogus purchases. In…

  • Companies Act

Shri Rao Inderjit Singh takes charge as Union Minister of State in MCA

4 years ago

Shri Rao Inderjit Singh took charge as Union Minister of State in the Ministry Corporate Affairs (MCA), here today. Before…

  • GST

New functionalities to be deployed on GST Portal in the month of July 2021

4 years ago

New functionalities to be deployed on GST Portal in the month of July, 2021 As per GSTN advisory, the following…

  • Income Tax

CIT has no power u/s 263 to direct initiating penalty proceedings u/s 271(1)(c)

4 years ago

CIT assuming jurisdiction u/s 263 has no power to direct initiating penalty proceedings u/s 271(1)(c) CIT Revision u/s 263 for…

  • SEBI

Review of Advance Intimation timelines for modifications in commodity derivatives contracts

4 years ago

SEBI reduces advance intimation timelines for modifications in the contract specifications of commodity derivatives contracts   SEBI has specified the…

  • ICAI

ICAI amends Form 18 to incorporate particulars of non CA partners

4 years ago

ICAI amends Form 18 to incorporate particulars of non CA partners under Regulation 53B ICAI has amended the Chartered Accountants…

  • MSME

Definition of Micro Small and Medium Enterprises – Retail & Wholesale Trade added

4 years ago

Definition of Micro Small and Medium Enterprises - Retail & Wholesale Trade added The Ministry of Micro , Small and…

  • Government

List of newly appointed and removed cabinet / State minister of Modi Cabinet

4 years ago

List of newly appointed and removed union cabinet ministers and minister of states in Modi cabinet of Ministers List of…

  • Income Tax

Computation of STCGs & WDV u/s 50 where depreciation on goodwill has been obtained

4 years ago

Computation of STCGs & WDV u/s 50 where depreciation on goodwill has been obtained CBDT has introduced new Rule for…

  • GST

Important changes related to QRMP Scheme implemented on GST Portal for taxpayers

4 years ago

Important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers Few important changes related to QRMP…