Initiation of malicious prosecution by IT Dept. abusing power: Madras HC
The Madras High Court bench of Justice G. Jayachandran has held that the suppression of material facts, the intentional suggestion of falsehood and the […]
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Notification and Circular, Notification And Circular
MCA issued clarification for holding of AGM through VC or OAVM up to December 31, 2022
The MCA vide General Circular No. 02 dated April 05, 2022 issued clarification of holding of Annual General Meeting (“AGM”)
Important News
CBDT enabled the common offline utilities for e-filing of Tax Audit Report Form 3CA-3CD and 3CB-3CD for the A.Y. 2022-23
The Central Board of Direct Taxes (“CBDT”) has enabled the common offline utilities for e-filing of Tax Audit Report Form
Notification And Circular, Notification and Circular
MCA issued clarification on passing of Ordinary and Special resolutions under the Companies Act on account of COVID-19 extension
The MCA vide General Circular No. 03 dated April 05, 2022 issued clarification on passing of Ordinary and Special resolutions
Notification And Circular, Notification and Circular
CBDT issued amendments w.r.t. application for obtaining an Advance ruling under Income-Tax
The CBDT vide Notification No. 49/2022 dated May 5, 2022 has issued the Income-tax (Twelfth Amendment) Rules, 2022 to further
Important Pronouncements
CENVAT Credit cannot be denied on removal of goods from the place of removal up to customers place
The CESTAT, Ahmedabad in Phillips Carbon Black Limited v. C.C.E. & S.T.-Vadodara-(ii) [Excise Appeal No. 10243 of 2019 dated April 29,
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Additions cannot be made to assessee’s income on basis of document declared by the CESTAT as ‘Dumb Document’: Ahmedabad ITAT
The Ahmedabad Bench of ITAT has ruled that additions cannot be made to assessee’s taxable income under the Income Tax Act, 1961
Advance Ruling-New
Services of limited end-user licence as part of packaged software classifiable as supply of goods
The AAR, Karnataka in the matter of M/s Keysight Technologies India Pvt. Ltd., [Advance Ruling No. KAR/ADRG/11 of 2022 dated
GST Recent News
Naturopathy, yoga provided by a Resort as total package will attract GST
Naturopathy and yoga offered as part of a package in a resort will attract Goods and Services Tax. This is
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Assessee deprived of refund due to wrongful withholding of amount by IT Dept.: Bombay HC imposes 6% interest
The Bombay High Court bench of Justice S.G. Mehare and Justice R.D. Dhanuka has allowed 6% interest to the assessee on wrongful withholding of the amount