• GST

E-way bill generation-Information to be furnished before movement of goods as per amended Rule 138

8 years ago

Central Goods and Services Tax Rules, 2017 has been amended by the Central Goods and Services Tax (Amendment) Rules, 2018…

  • GST

Value of supply in case of lottery, betting, gambling and horse racing-New CGST Rule 31A

8 years ago

Government has amended the Central Goods and Services Tax Rules, 2017 by the Central Goods and Services Tax (Amendment) Rules,…

  • Income Tax

Additions made due to typing error in Form 3CD is not legally permissible – ITAT

8 years ago

Additions made due to typing error in Form 3CD is not legally permissible where auditor of the assessee inadvertent committed…

  • Income Tax

Income Tax advisory/warning for cash transactions in excess of prescribed limits

8 years ago

The Income Tax Department has issued an advisory/warning for cash transactions in excess of prescribed limits.  DO NOT ACCEPT cash…

  • Income Tax

Assessee cannot be penalized for non response non attendance by creditors when all details are furnished-ITAT

8 years ago

Assessee cannot be penalized for non response or non attendance by creditors in response to notice when all details regarding…

  • Income Tax

No requirement to file Form-10B at the time of registration u/s 12AA. It is to be filed along with return-ITAT

8 years ago

No requirement to file Form-10B at the time of registration u/s 12AA. Audit Report in Form 10B is to be…

  • Income Tax

Educational qualification and age limit for TRP relaxed, incentive increased, non-refundable deposit made compulsory

8 years ago

Educational qualification and age limit for TRP relaxed, incentive increased, non-refundable deposit made compulsory as per Return Preparer (Amendment) Scheme,…

  • ICAI

ICAI Revised Standard on Auditing SA-720. Auditor’s Responsibilities Relating to Other Information for financial statements

8 years ago

Revised Standard on Auditing SA-720. The Auditor’s Responsibilities Relating to Other Information ICAI has issued revised Standard on Auditing SA-720. The…

  • Income Tax

No Addition for cash deposits in bank when sufficient cash is in hand. Assessee not supposed to tally notes withdrawn and deposited

8 years ago

No Addition for cash deposits in bank when sufficient cash is in hand. Assessee not supposed to keep track of…

  • Income Tax

Concealment penalty deleted as assessee was unaware of capital gain tax on sale of property

8 years ago

Concealment penalty deleted as assessee was unaware of tax on sale of property. Assessee agreed to pay taxes on the…