Adjustment denying exemption u/s 10(23C)(iiiad) deleted as there was no column / provision in ITR for showing computation of exemption u/s 10(23C)(iiiad) ABCAUS Case Law Citation:ABCAUS 3736 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming the adjustment …
Last date for the exercise of the option by GTA to pay GST under forward charge has been extended from 15th March 2023 to 31st May 2023 Government of IndiaMinistry of Finance(Department of Revenue) Notification No. 05/2023-Central Tax (Rate) New Delhi, the 9th May, 2023 G.S.R……(E).-In …
Mere affidavits of typographical error by typist & CA in Audit Report not enough when assessee was found to maintain duplicate accounts – Supreme Court ABCAUS Case Law Citation:ABCAUS 3735 (2023) (05) SC Important Case Laws relied upon:CST vs. Esufali (HM) Abdulali (HM) (1973) 90 ITR 271 (SC)Nalinakshi …
More designated activities and exclusions notified under PMLA for being regarded reporting entities. The Ministry of Finance has notifies the following activities when carried out in the course of business on behalf of or for another person, as the case may be, as an designated activity under section …
Revision of monetary limit for adjudication under FEMA,1999 Ministry of Finance has revised the monetary limits for adjudication under FEMA,1999. As per the new limits, the Ministry has designated officers of the Directorate of Enforcement as the Adjudicating Authorities for holding an inquiry after giving a reasonable opportunity …
Credit for TDS inadvertently not claimed in return of income allowed by ITAT holding that assessee should not be deprived of the benefit of the TDS credit which was inadvertently not claimed in the return of income ABCAUS Case Law Citation:ABCAUS 3734 (2023) (05) ITAT Important Case Laws …
