News

Blog, News, Company Law

January 3, 2023

MCA extends the facility of holding EGMs through video conference

General Circular No. 11/2022, Dated … Continue reading “MCA extends the facility of holding EGMs through video conference”

Blog, News, Account & Audit

January 3, 2023

[Illustrative Checklist] Disclosure Requirements under AS 3 | Cash Flow Statements

AS 3 provides information about … Continue reading “[Illustrative Checklist] Disclosure Requirements under AS 3 | Cash Flow Statements”

News, Blog, GST & Customs

January 3, 2023

GST revenue of Rs. 1,49,507 crores collected in the month of December 2022

Press Release dated January 1st, … Continue reading “GST revenue of Rs. 1,49,507 crores collected in the month of December 2022”

Blog, News, GST & Customs

January 3, 2023

Cancellation order not sustainable due to cryptic in nature & passed without personal hearing: HC

Case Details: Mahendra Junabhai Zala … Continue reading “Cancellation order not sustainable due to cryptic in nature & passed without personal hearing: HC”

Blog, News, Income Tax

January 3, 2023

ITAT disallowed 50% of improvement expenses as assessee failed to substantiate genuineness of expenses

Case Details: Assistant Commissioner of … Continue reading “ITAT disallowed 50% of improvement expenses as assessee failed to substantiate genuineness of expenses”

Blog, News, International Tax

January 3, 2023

Profit from transport of air passengers is covered under Article 8 of Indo-Bhutan DTAA: ITAT

Case Details: DCIT v. Tashi … Continue reading “Profit from transport of air passengers is covered under Article 8 of Indo-Bhutan DTAA: ITAT”

Blog, News, GST & Customs

January 2, 2023

Govt. notified amendments in service exemption notification as per recommendations of 48th GST Council Meeting

Notification No. 15/2022-Central Tax (Rate), … Continue reading “Govt. notified amendments in service exemption notification as per recommendations of 48th GST Council Meeting”

News, Blog, Income Tax

January 2, 2023

Cash receipt by Co-op. Society from dealer not to be aggregated for Sec. 269ST purposes: CBDT

Circular No. 25/2022, dated, 30-12-2022 … Continue reading “Cash receipt by Co-op. Society from dealer not to be aggregated for Sec. 269ST purposes: CBDT”

Blog, News, Income Tax

January 2, 2023

Govt. notifies interest rates for small saving schemes for 4th quarter; FDs rates hiked by 1.10%

Office memo F. no. 1/4/2019-NS, … Continue reading “Govt. notifies interest rates for small saving schemes for 4th quarter; FDs rates hiked by 1.10%”

Blog, News, FEMA & Banking

January 2, 2023

RBI hikes interest rate on floating rate savings bond (2020) from 7.15% to 7.35%

Press Release No. 2022-2023/1474, dated … Continue reading “RBI hikes interest rate on floating rate savings bond (2020) from 7.15% to 7.35%”