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Section 43B(h) Menace: MSME Payment 45 Days Time Limit Extension Unlikely Anytime Soon!
In anticipation of the impending General Election for the 18th Lok Sabha in India scheduled for April and May, the reassessment of the MSME Payment...
Tax Nature of Royalty Collections on Mining Leases: 9-Judge Supreme Court Constitution Bench starts Hearing
A 9-judge Constitution Bench of the Supreme Court, led by CJI DY Chandrachud, initiated hearings on February 27 regarding the taxation of mineral-bearing lands. The focal point of the proceedings...
Tax Evasion by Steel Manufacturers: Chhattisgarh GST Enforcement Wing Busts Rs. 6.75 Cr from Urla and Siltara Regions
In a significant operation conducted by the GST enforcement department, manufacturing plants in the Urla and Siltara regions were targeted, revealing a major tax evasion scheme. Shyam Steel...
CBDT clarifies Implementation of E-Verification Scheme for Mismatch in Interest Income, Dividend Income and Income Disclosed in ITRs
The Central Board of Direct Taxes (CBDT) has issued a press release clarifying the implementation of the e-verification scheme for mismatches in interest income, dividend income, and income disclosed...
