CBDT revises jurisdiction of Chief Commissioner of Income-tax New Delhi and Mumbai MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 71 of 2022 New Delhi, the 28th June, 2022 (INCOME TAX) S.O. 2926(E).—In exercise of powers conferred by sub-sections (1) and (2) of section 120 …
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 …