Arms length price us 92C variation in wholesale trading up to 1% and 3 % in other cases to be deemed ALP for AY 2022-23 MINISTRY OF FINANCE(Department of Revenue) Notification No. 70/2022 New Delhi, the 28th June, 2022 S.O. 2928(E).—In exercise of the powers conferred by the …
47th GST Council Meeting Recommendations GST Council held it 47th meeting at Chandigarh on 29th June 2022. The GST Council has inter-alia made recommendations relating to changes in GST rates on supply of goods and services and changes related to GST law and procedure: Highlights of 47th GST Council Meeting …
Higher consumption of electricity by itself is not a ground to infer suppression of production by the assessee ABCAUS Case Law Citation ABCAUS 3603 (2022) (06) ITAT Important case law relied referred:Prinik Steels Private LimitedITO vs. Satyanarayan PareekCIT vs. Gajalaxmi Steel Pvt. Ltd.CIT vs. Khambhatta Family Trust In …
CBDT issues Guidelines / FAQs on TDS u/s 194S on transfer of a virtual digital asset (VDA) applicable from 1st July 2022 Circular No. 13 of 2022 F. No. 370142/29/2022-TPL (Part-I) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) …
CBDT guidelines / FAQs on TDS u/s 194R for providing any benefit or perquisite to a resident CBDT has issued Circular No. 12/2022 detailing guidelines / FAQs on applicability of TDS u/s 194R for providing any benefit or perquisite to a resident w.e.f 01.07.2022 Finance Act 2022 inserted …
Insolvency Laws – Amendment in various regulations 15th June, 2022 IBBI (Inspection and Investigation) (Amendment) Regulations, 2022 15th June, 2022 Circular – Application under Rule 4, 6 or 7 of Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016 15th June, 2022 IBBI (Information Utilities) (Amendment) Regulations, 2022 …