Union Interim Budget 2024 – Disputed old income Tax demands to be withdrawn. No change in the tax slabs or rate
The interim budget will be a vote-on-account and will give the present government authority to spend certain sums of money till a new government comes into office after the 2024 Lok Sabha elections. A full-fledged budget will be presented after the Lok Sabha elections.
While a normal, full-year Union Budget outlines the government’s financial plans for the entire fiscal year ahead, an Interim Budget is a stop-gap arrangement to ensure smooth functioning until a new government takes charge.
The Presidents has assented to the Finance Bill 2024 on 15th February, 2024.
In case of non-filer notice u/s 143(2) not mandatory and notice issued u/s 142(1) is sufficient – ITAT In a…
One PAN was allotted to two taxpayers resulting Re-assessment order of wrong person quashed by High Court In a recent…
Fixing three successive dates of hearing in a single notice invalid as adjudicating authority had to pass specific orders for…
Canara Bank Online Concurrent Auditors Empanelment 2024-25. Last Date to apply online is 08.06.2023 Canara Bank Online Concurrent Auditors Empanelment…
ICAI set up branch in Tonk District (Rajasthan) with effect from April 25, 2024. The Institute of Chartered Accountants of…
Duty drawback cannot be a part of total turnover and is separately chargeable - ITAT In a recent judgment, the…