Finance Act (No. 2) 2024 receives assent of the President, gets notified.
The Finance Act (No. 2) 2024 has been notified by the Ministry of Law and Justice. The Finance Act (No. 2) of 2024 received the assent of the President on 16th August 2024.
The Finance (No. 2) Bill 2024 Bill No. 55 of 2024 was presented in Lok Sabha as a part of Union Budget 2024-25 on 22nd July 2024 and was passed by the Lok Sabha on 7th August 2024.
The income tax provisions shall be deemed to have come into force on the 1st day of April, 2024. Whereas provisions related to GST shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
Download PDF copy of Finance Act (No. 2) of 2024 >>
Filing audit report in Form 10CCB within due date is mandatory. The assessee cannot claim deduction u/s 80-IA(7) he ground…
CSR expenditure of companies is allowable under section 80G unless fall under the two exceptions specified. In a recent judgment,…
Jurisdiction of ITAT is determined not by the place of business or residence of assessee but by the location of…
Notice u/s 148 set-aside and remitted back since the assessee’s e-mail was inactive leading to all notices go un-noticed In…
AO after dropping an issue in assessment u/s 143(3) for lack of evidence is competent to re-open such issue upon…
Merely because jewellery is converted into solid gold / gold biscuits, it cannot be presumed to be unexplained or in…