Electronic Submission of DGFT Appendix 4H Certificates digitally signed by Chartered Accountants, Company Secretaries, Cost Accountants, Chartered Engineers, etc. Government of IndiaMinistry of Commerce and IndustryDepartment of CommerceDirectorate General of Foreign TradeVanijya Bhawan, New Delhi Date: 17 October 2024 Trade Notice No. 21 /2024-25 ToAll Exporters/Members of Trade …

Cryptic order passed in casual manner by CIT(A) liable for imposition of cost on account of gross violation of statutory provisions of law and principles of natural justice. In a recent judgment, the ITAT Amritsar has held that a cryptic order passed in casual manner by the CIT(A) …

CBDT notifies tolerance range in transfer pricing for variation between ALM u/s 92C for AY 2024-25 MINISTRY OF FINANCE(Department of Revenue) Notification No. 116/2024 New Delhi, the 18th October, 2024 INCOME-TAX S.O. 4571(E).—In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C …

Loose excel sheets without any corroboration thereof, was not adequate enough to draw adverse inference of unaccounted loans by the assessee-firm – ITAT In a recent judgment, the ITAT Chennai has held that loose excel sheets found during search without any corroboration thereof, was not adequate enough to …

CBDT Notifies the Income-tax (Eighth Amendment) Rules, 2024. Income /Loss and ITDS employee may report to employer in Form12BA MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 112/2024 New Delhi, the 15th October, 2024 G.S.R. 639(E).— In exercise of the powers conferred by section 295 …

CBDT issues revised guidelines 2024 for compounding of offences under Income-Tax Act 1961 In conformity with the  Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, CBDT has issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the ‘Act’) on 17.10.2024. Section 279(2) of …