ICAI advisory on e-Form ACTIVE to be filed by every company incorporated on or before 31.12.17 ANNOUNCEMENT Sub: Any company incorporated on or before the 31.12.17 shall file the particulars of the company and its Registered Office, in E-Form ACTIVE (Active Company Tagging Identities and Verification) on or …

Pre-dating demand notice even before the assessment order was passed showed the assessee was denied any opportunity of hearing in violation of natural justice – ITAT ABCAUS Case Law Citation: ABCAUS 2799 (2019) (02) ITAT In the instant case, the assessee had filed the appeal against the order …

Key Recommendations of the 33rd GST Council meeting on real estate sector. GST Rates, effective date, affordable housing, tax on development rights etc. Key Recommendations of the 33rd GST Council meeting Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity …

GST Council 33rd Meeting decisions-reduction in tax on sales of residential properties under construction.to 5 %. Definition of affordable housing altered The Union Minister of Finance & Corporate Affairs, Arun Jaitely chaired the 33rd GST Council Meeting which was held in New Delhi. The Meeting is being attended …

CBIC constitutes 3 Working Groups to study and recommend measures to facilitate trade, promote exports and improve compliance.  The Central Board of Indirect Taxes and Customs (CBIC) constitutes three Working Groups to study and recommend measures to facilitate trade, promote exports and improve compliance.  The Central Board of …

Addition for unexplained cash credit u/s 68 deleted when assessee’s accountant wrongly passed such entries in the books of accounts ABCAUS Case Law Citation: ABCAUS 2798 (2019) (02) ITAT In the instant case, the assessee had filed the appeal against the order passed by the Commissioner of Income …