Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Uttar Pradesh In view of the recent developments concerning the application process for GST registration, the following key points are important in the GST registration process. 1. Rule 8 of the CGST Rules, 2017 has …
Penalty u/s 270A can not be levied for only making a claim which was disallowed. Filing of Form No. 68 for claiming immunity u/s 270AA is only procedural and directory – ITAT In a recent judgment, ITAT Agra deleted penalty u/s 270A holding that no penalty u/s 270A …
District Co-operative Central Bank Ltd. Srikakulam invites application for empanelment of Concurrent Auditor for Financial Year 2025-26 The District Co-operative Central Bank Ltd. Srikakulam has invited application from eligible Chartered Accountant Firms for empanelment as Concurrent Auditor for conducting concurrent audit / Internal audit in the branches/Head Office …
CBDT issues clarification on Circular No. 01/2025 On Application of PPT under India’s DTAAs CBDT has issued Circular No. 01/2025 dated 21.01.2025 as a guidance to provide clarity and certainty on the application of the Principal Purpose Test (PPT) provision under India’s Double Taxation Avoidance Agreements (DTAAs). It …
Levy of penalty u/s 271(1)(b) for each default in not responding to notices issued u/s 142(1) of the Act was not justified – ITAT In a recent judgment, ITAT Pune deleted penalty u/s 271(1)(b) holding that levy of penalty for each default in not responding to the notices …
Refund of advance amount on cancellation of agreement for purchase of property does not partake the character of loan or deposit or any specified sum as provided u/s 269SS – ITAT In a recent judgment, ITAT Hyderabad deleted penalty u/s 271D holding that refund of advance amount on …
