Back ITR filing 2023: Over five crore income tax returns filed so far, says income tax department
Over 5 crore ITRs for income earned in 2022-23 fiscal have been filed so far, out of which 88 per […]
GST Law, News
Income Tax, News
Salaried getting income tax notices for deductions of FY21-22 ITR: Watchouts for current ITR
The income tax department has reportedly been sending notices to salaried individuals asking for proof of the tax exemptions and
Income Tax, News
Parliamentary panel asks finance ministry for a common income tax return
A parliamentary panel on Thursday asked the finance ministry to expeditiously come out with a common ITR form to ease
DGFT, Notification And Circular, Notification and Circular
Export policy of De-Oiled Rice Bran is amended from ‘Free’ to ‘Prohibited’ with immediate effect till November 30, 2023
The DGFT vide Notification No. 21/2023 dated July 28, 2023 amended the Export policy of De-Oiled Rice Bran from ‘Free’
DGFT, Notification And Circular, Notification and Circular
DGFT issued procedure for allocation of quota for export of broken rice on humanitarian and food security grounds, based on requests received from Govts of other Countries
The DGFT vide Trade Notice 19/2023 dated July 28, 2023 issued procedure for allocation of quota for export of broken
GST Recent News
Two arrested on charge of generating fake invoices for areca nut trading
In a joint operation, GST intelligence units from Kerala and Karnataka have arrested two key operators of a fake invoicing
Advance Ruling-New, GST Law
Hostel accommodation services exempted from GST from August 2021 till July 18, 2022
The AAR, Uttar Pradesh, in the matter of V S Institute & Hostel Private Limited [Advance Ruling No. UP ADRG
Advance Ruling-New, GST Law
Supply of services by Co-venture to the business attracts GST
The AAR, Kerala, in the matter of M/s Choice Foundation [Advance Ruling No. KER/10/2023 dated March 10, 2023] ruled that
CBIC, Notification and Circular, Notification And Circular
Standardized Documentary & Information Requirements for AD Code Registration/Modification in Relation to Exports
The CBIC issued Instruction No. 25/2023-Customs dated July 28, 2023, which aims to standardize documentary and information requirements for AD
Income Tax, Notification And Circular, Notification and Circular
CBDT issued SOP for Making Application for Recomputation of Total Income of a Co-operative Society Engaged in the Business of Sugar Manufacturing
The CBDT vide Circular No. 14 of 2023 dated July 27, 2023 issued Standard Operating Procedure (“SOP”) for making application