The Income Tax Department released the JSON Schema for Income Tax Return ( ITR ) forms 1 and 4 for the Assessment Year (AY) 2024-25 on 18th March 2024. This release occurred 23 days early of schedule compared to A.Y. 2023-24. JSON is a file format utilized for downloading or importing pre-filled ITR data into […]
The Kerala High Court directed the Income-tax authority to keep recovery proceedings in abeyance till the disposal of the stay petition against the Income Tax Assessment Order. The Court also directed to consider and pass orders on stay petition and the issue of condonation of delay, after affording an opportunity of hearing to the petitioner. ...
This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reported at taxscan.in, from March 3, 2024 to March 15,2024 No Service Tax leviable on “Incentives”, distinct from “Commission”: CESTAT- Wig Air Freight Pvt. Ltd vs The Commissioner of Central Goods and Service Tax, New […]
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