GSTN announces launch of revamped e-invoice master information portal . Enhanced E-Invoicing Initiatives & Launch of Enhanced https://einvoice.gst.gov.in portal 1.  GSTN on occasion of one year of the successful going live with the additional five new IRP portals, the e-invoice master information portal, and the e-invoice QR Code Verifier …

Assessee while removing defect u/s 139(9) can not revise income originally returned. A corrected return does not have an independent existence and only aids to validate the original return of income filed by the assessee In a recent judgment ITAT has quashed the demand raised by CPC holding …

Letter of an ITO is not an appealable order before Commissioner (Appeals) u/s 246A – ITAT In a recent judgment ITAT has dismissed the appeal of the assessee holding that Letter of an ITO is not an appealable order for the purpose of Section 246A of the Act. …

ITAT allows exemption u/s 11 when audit report in Form 10B was uploaded but could not be approved due to technical glitch In a recent judgment ITAT has allowed the exemption u/s 11 when audit report in Form 10B was uploaded within due date but could not be …

Empanelment of CA Firm as Concurrent Auditor of Saurashtra Gramin Bank for FY 2024-25 Saurashtra Gramin Bank has invited RFP for Empanelment of Chartered Accountant Firm as Concurrent Auditor. Last date for submission of RFP is 26/02/2024 The Applicant is required to submit the details of its proposal …

Escapement of income u/s 147 has to be established with concrete information under amended Act– High Court In a recent judgment Hon’ble High Court has made an extensive comparison of the amended provisions of income tax act 1961 with respect to escapement of income and held that under …