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ICAI notifies Dates of CA Foundation, Intermediate and Final Exams May 2025 The Institute of Chartered Accountants of India has announced the next Chartered Accountants Foundation, Intermediate and Final Examinations to be held in May 2025 The examination in Post Qualification Course viz.: International Taxation –Assessment Test (INTT …
Grounds of arrest must be explained to the arrested person and also furnished to him in writing – CBIC revised guidelines for arrest and bail under GST laws. GST Investigation Wing of the Central Board of Indirect Taxes and Customs (CBIC) has vide Instruction No. 01/2025-GST dated 13.01.2025 …
Shares sold after seven years cannot be considered as an accommodation entry in penny stock Shares sold after seven years cannot be considered as an accommodation entry in penny stock – Supreme Court dismisses SLP In a recent judgment, Hon’ble Supreme Court has dismissed a SLP of the …
Date extended for furnishing GST returns for the month of December 2024 CBIC, on the recommendations of the GST Council has extended the time limit for furnishing the following GST returns: Form GSTR-5 – return by a non-resident taxable person for the month of December, 2024 till the …
Notice u/s 148 invalid as reasons recorded incorrect information that return was processed u/s 143(1) and no scrutiny assessment was done under Section 143(3) of the Act. In a recent judgment, Hon’ble Supreme Court has dismissed a SLP of the Revenue against the judgment of the Gujarat High …
No bar in law in issuing two GST show cause notices for the same period with a different/distinct subject matter – High Court In a recent judgment, Allahabad High Court has held that there is no bar in law in issuing two show cause notices by GST Authorities …
Bar Council of India to have a post of Principal Secretary in addition to the Secretary in the Council. The General Council of Bar Council of India has resolved that there shall be a post of Principal Secretary in addition to the Secretary in the Council. The General …
Extension of due date for furnishing Form GSTR-3B for the month of December, 2024 and the quarter of October to December, 2024 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Notification No. 02/2025 – Central Tax New Delhi, the 10th …
Extension of due date for furnishing Form GSTR-1 for the month of December, 2024 and the quarter of October to December, 2024 MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Notification No. 01/2025 – Central Tax New Delhi, the 10th January, 2025 G.S.R…..(E).- …
ITAT quashed penalty u/s 271AAB for non-mentioning of specific limb in the show cause notice In a recent judgment, Delhi ITAT quashed penalty u/s 271AAB for non-mentioning of specific limb in the show cause notice and following decision of Hon’ble Supreme Court that the construction which is favourable …