CBDT extends timelines for filing of Audit Report in Form 10B/10BB and Form ITR-7 for charitable trusts for AY 2023-24 CBDT has issued Circular No. 16/2023 dated 18.09.2023 extending the due dates for filing of Audit Report in Form 10B/10BB and Form ITR-7 for charitable trusts for AY …

Assessing Officer was wrong to disbelieve partnership rectification deed when stamp paper was issued on a prior date – ITAT ABCAUS Case Law Citation:ABCAUS 3801 (2023) (09) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A)/NFAC in confirming the action of Assessing …

Govt constitutes 31 Benches of the Goods and Services Tax Appellate Tribunal Finally, the Central Government, on the recommendation of the Goods and Services Tax Council has  constituted 31 Benches of the Goods and Services Tax Appellate Tribunal with effect from 14th September 2023.  The State-wise breakup of …

Income Tax Department FAQs on Digital Signature Certificate (DSC) related issues and solutions. Income Tax Department has issued a FAQs on Digital Signature Certificate (DSC) related issues and its solutions. Taxpayers are advised to check DSC for its expiry date, registration on e-filing portal & installation of latest …

ITAT deleted addition for cash deposits in bank during demonetization period following CBDT Instruction that no addition to be made up to Rs. 2.50 lakhs ABCAUS Case Law Citation:ABCAUS 3800 (2023) (09) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming …

Time limit for Reporting GST e-Invoices on the IRP Portal The Government has decided to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than 100 crores. To ensure timely compliance, taxpayers in this category will not be allowed …