Author: administrator
CAG to consider Branch Offices of CA firms based on percent/number of partners stationed there for the purpose of empanelment from 2024-2023 ICAI Announcement dated 9th Nov 2023 The office of C&AG has been giving cognizance to location of the Head office as well as Branch Offices of …
Disallowance of ITC under UP VAT Act 2008 not same as in Karnataka VAT Act with respect to by-product/exempt goods – Supreme Court allows ITC ABCAUS Case Law Citation:ABCAUS 3813 (2023) (11) SC Important Case Laws relied upon by parties:State of Karnataka v. M.K. Agro Tech Private Limited, …
National Savings Recurring Deposit (3rd Amendment) Scheme 2023 MINISTRY OF FINANCE(Department of Economic Affairs) NOTIFICATION New Delhi, the 3rd November, 2023 G.S.R. 818(E).— In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the …
Special Procedure for filing GST Appeals which could not be filed against order passed on or before 31.03.2023 u/s 73 or 74 within the time period MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 53/2023– CENTRAL TAX New Delhi, the 2nd November, 2023 …
Non-issuance of the notice u/s 154(3) is a procedural irregularity. ITAT directs AO to issue notice and give opportunity ABCAUS Case Law Citation:ABCAUS 3812 (2023) (10) ITAT Important Case Laws relied upon by parties:Chockalingam & Meyyappan Vs. CIT (1963) 48 ITR 34 In the instant case, the assessee …
Section 5 of the Companies (Amendment) Act, 2020 made effective from 30.10.2023 Section 5 of the Companies (Amendment) Act, 2020 provides in amendment to section 23 related to public offer and placement as under: 5. In section 23 of the principal Act, after sub-section (2) and before the …
LLP to maintain Register of Partners from the date of its incorporation – Limited Liability Partnership (Third Amendment) Rules, 2023 MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 27th October, 2023 G.S.R. 803(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited …
Before disallowance of salary u/s 40A(2)(b) Assessing Officer was duty bound to provide an opportunity to the assessee to place on record the requisite evidence. ABCAUS Case Law Citation:ABCAUS 3811 (2023) (10) HC In the instant case, the assessee had challenged the order passed by the ITAT in …
No revision u/s 263 can be done on debatable Issue on applicability of provision of Section 115BBE of the Act to the relevant assessment year – ITAT ABCAUS Case Law Citation:ABCAUS 3810 (2023) (10) (ITAT Important Case Laws relied upon by parties:Balvinder Singh vs. PCITYogesh Kumar vs. PCIT …
Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2023. Finance Ministry has notified the Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2023. Selection for posts of President and Members shall be …
