Blog, Income Tax, News June 13, 2022 CBDT revises procedures laid down for sharing info. with tax deductors/collectors Notification no. 1 of 2022, … Continue reading “CBDT revises procedures laid down for sharing info. with tax deductors/collectors”
Blog, Income Tax, News June 13, 2022 Provisions of sec. 40A(3) not applicable if assessee made cash payment for purchase of stock-in-trade: ITAT Case Details: Vikrant Happy Homes … Continue reading “Provisions of sec. 40A(3) not applicable if assessee made cash payment for purchase of stock-in-trade: ITAT”
Account & Audit, Blog, News June 13, 2022 An Overview of Internal Financial Controls over Financial Reporting Introduction The auditor has to … Continue reading “An Overview of Internal Financial Controls over Financial Reporting”
Blog, FEMA & Banking, News June 13, 2022 Now authorized persons need not file a return disclosing detail of guarantee availed & invoked from NR entities: RBI Circular no. RBI/2022-23/69 A.P. (DIR … Continue reading “Now authorized persons need not file a return disclosing detail of guarantee availed & invoked from NR entities: RBI”
Blog, Insolvency and Bankruptcy Code, News June 13, 2022 IBBI proposes a minimum fixed fee structure for Insolvency Professionals Discussion Paper on Remuneration of … Continue reading “IBBI proposes a minimum fixed fee structure for Insolvency Professionals”
Blog, Company Law, News June 13, 2022 Govt. tweaks norms relating to the removal of names of companies from the registrar of Cos. NOTIFICATION No. G.S.R. 436(E). Dated … Continue reading “Govt. tweaks norms relating to the removal of names of companies from the registrar of Cos.”
Blog, GST & Customs, News June 10, 2022 Uniformity in GST law | Difficult proposition for govt. to observe the concept of ‘one nation one tax’ Mukul Gupta & Prateek Gupta … Continue reading “Uniformity in GST law | Difficult proposition for govt. to observe the concept of ‘one nation one tax’”
Blog, GST & Customs, News June 10, 2022 HC permitted assessee to approach dept. for lifting of bank attachment Case Details: Forte Solutions (P.) … Continue reading “HC permitted assessee to approach dept. for lifting of bank attachment”
Blog, International Tax, News June 10, 2022 Commission received by FII/FPI from Indian Mutual Funds not taxable in India: ITAT Case Details: DCIT v. Credit … Continue reading “Commission received by FII/FPI from Indian Mutual Funds not taxable in India: ITAT”
Blog, Income Tax, News June 10, 2022 New Scheme of Reassessment – Good Intent, Faulty Implementation Sachin Garg & Sidharth Sipani … Continue reading “New Scheme of Reassessment – Good Intent, Faulty Implementation”