ITAT remands appeal dismissed by CIT(A) for mentioning wrong section in Form No. 35 and grounds of appeal and form 35 not matching to each other ABCAUS Case Law Citation:ABCAUS 3782 (2023) (07) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) …
GST e-Invoice Exemption Declaration functionality is now available on e-Invoice portal GSTN Advisory: e-Invoice Exemption Declaration Functionality Now Available GSTN has made available e-Invoice Exemption Declaration functionality on the e-Invoice portal. This functionality is specifically designed for taxpayers who are by default enabled for e-invoicing but are exempted …
ITD examining ITR of salaried assessee claiming refunds – Precautions for Tax Consultants/ Tax Practitioners Income Tax Department is scanning allowances and deductions claimed by Salaried Taxpayers claiming refunds Recently, the Income Tax Department caught an Income Tax refund scam in Andhra Pradesh and Telengana. The scam amounts …
CBDT urges NRIs with inoperative PAN to intimate NRI status to jurisdictional Assessing Officer Income Tax Department has issued an advisory for Non Resident Indians whose PAN are inoperative. According to the advisory, if any NRI’s PAN is still inoperative, he/she is requested to intimate his/her NRI status …
Delay in deposit of PF/ESI for disallowance u/s 36(1)(va) to be calculated from the month of actual payment of salary not accrual. ITAT remands case for examination ABCAUS Case Law Citation:ABCAUS 3781 (2023) (07) ITAT Important Case Laws relied upon:Checkmate Pvt. Ltd. vs. CITKanoi Paper and Industries Ltd. …
Amendment of Income tax Rules to include IFSC related proposals in Finance Act 2023 (Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 51/2023 New Delhi, the 18th July, 2023 G.S.R. 519(E).—In exercise of the powers conferred by clause (XI) of the proviso to clause (x) of sub-section …