CESTAT quashes Penalty imposed u/s 114(ii) of Customs Act citing lack of Intent to Export Semi-finished Leather [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has overturned a penalty imposed under Section 114(ii) of the Customs Act, 1962, on an exporter for allegedly attempting to export semi-finished leather disguised
Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]
In a recent ruling the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that tax treaty benefits cannot be denied solely based on the mobile number provided in the Income Tax
CA, MBA, B.com Vacancy in Deloitte
The Deloitte invited applications for the post RA-A&IC-IA - Intern. Qualifications • CA / MBA Tier 2 in related fields• BBM / BBA / B. Com• Must have one of the certifications - CFE, CPA,
CA, MBA, B. com Vacancy in Deloitte
The Deloitte invited applications for the post RA-A&IC-Internal Audit. Qualifications CA / MBA Tier 2 in related fields BBM / BBA / B. Com Must have one of the certifications - CFE, CPA, CIA, CISA Responsibilities
Delhi HC Upholds Order of Income Tax Settlement Commission as Assesee made True and Full Disclosure of Income [Read Order]
The Delhi High Court upheld the order of Income Tax Settlement Commission ( ITSC ) as assesee made true and full disclosure of income. It was observed that this not a case where a “full
431st ICAI Council Meeting: Key HIghlights
The Institute of Chartered Accountants of India ( ICAI ) has taken significant strides towards excellence, as revealed in the decisions made during its 431st Council Meeting held on April 25th and 26th, 2024. Policy
GSTN to Launch revamped GST Portal on 3rd May
The Goods and Services Tax Network ( GSTN ) has announced the launch of the enhanced version of the GST portal, on 3rd May, 2024, giving taxpayers and professionals a new hope of bugless and
Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]
In a recent ruling the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that tax treaty benefits cannot be denied solely based on the mobile number provided in the Income Tax
Only 2 Days Left to File GST Form ITC-04: Know How to File Form on GST Portal in Detail
All businesses operating under the Goods and Services Tax ( GST ) regime with an Annual Aggregate Turnover ( AATO ) exceeding Rs. 5 crores: a critical deadline is fast approaching. You have only two
NGOs [Non-Profits, Societies and Charitable Trusts] and Section 80G Registration Requirements, Eligibility, Benefits and All You Need to Know
NGOs [ Nongovernmental Organizations ] 1. Section 8 Company: A Section-8 Company, also referred to as a Not-for-Profit Organization, is established with the primary goal of promoting various sectors such as commerce, art, science, sports,
Who is a ‘Proper Officer’ under GST Law: Clear you Jurisdictional Dilemma
Introduction The Goods and Service Tax Acts of both the Central and State governments empower them to appoint officers as per their requirements to administer the GST regime. Throughout various provisions, the term 'proper officer'
Support services to agriculture, forestry, fishing, animal husbandry not composite supply under GST Law: AAR
The Andhra Pradesh Authority for Advance Ruling ( AAAR ) has ruled that support services to agriculture , forestry, animal husbandry not composite supply under Goods and Service Tax law. The applicant Archipel India Foundation
Attention GST Payers with AATO over ₹5cr: File FORM ITC-04 for Job Work Challans by April 25th 2024
Attention Goods and Services Tax ( GST ) payers with Annual Aggregate Turnover ( AATO ) more than Rs. 5 crores, only 2 days left for filing your Form ITC-04 for Job Work Challans in respect
Depreciation Must be Removed While Calculating Net Margin: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) has held that depreciation must be removed while calculating net margin. The ITAT remitted the matter back to the file of TPO/AO for
ITSC cannot grant immunity from Penalty and Prosecution without True Disclosure u/s 254C of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court has held that ITSC cannot grant immunity from Penalty and Prosecution without True Disclosure under section 254C of Income Tax Act, 1961. The ITSC further went on to grant immunity from the