The Income Tax Appellate Tribunal, Hyderabad bench has recently observed that section 194A(3)(v), is applicable to the cooperative societies and not cooperative banks. The ITAT was deciding an appeal filed by an Urban Cooperative Bank

The Philips invited applications for the post of Philips Capital Manager - North. Qualifications MBA / CA ( minimum education level and/or related major for the role ) 8 to 12 years of Experience in

While considering the application for ruling on the classification of “Fly Ash Blocks” the Tamil Nadu Authority for Advance Ruling held that there will be no advance ruling if the applicant failed to substantiate the

While quashing an order for revision under section 263 of the Income Tax Act, 1961, ground of failure to consider the objections raised by the assessee, the Calcutta High Court has directed the income tax

The Siemens Energy has invited applications for the post of Finance Administrator - Accounts Payable. Responsibilities: Receive, review, track in excel, and process daily invoices in EZ-suite or pay by procardFollow the invoice through the

The HSBC has invited applications for the post of CA Industrial Trainee. Responsibilities: Ensure the highest levels of service both internal and external customers, and with an objective of protecting the interests of the bank

The Bombay High Court directed the Central Board of Direct to clarify the government’s stand on the ‘Faceless Appeal Scheme’, after a public interest litigation (PIL) challenged its constitutional validity. The Chamber of Tax Consultants

The Central Board of Direct Taxes (CBDT) on Wednesday notified the constitution of the Boards for Advance Rulings and its Headquarters. The government empowered under sub-section (1) of section 245-OB of the Income-tax Act, 1961

The Insolvency and Bankruptcy Code (IBC) was completed five years after it was passed by Parliament. It was a law envisaged giving a quicker, time-bound alternative for the recovery of bad loans for banks. The

The Central Board of Direct Taxes (CBDT)  amended the Income Tax Rules on return of income pursuant to amendment under section 148 of the Income Tax Act. The Board In exercise of the powers conferred

Based upon specific intelligence, the officers of the Anti-Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC)

The High Court of Kerala has ruled that E-Way Bill is mandatory for transporting goods where value of each invoice is lower than ₹50,000 individually but exceeds ₹ 50,000 when aggregate is calculated. The Court

The Flipkart has invited applications for the position of Senior Manager Tax-Central Vertical. The Flipkart Group is one of India's leading digital commerce entities and includes group companies Flipkart, Myntra, and PhonePe. It is ranked

The Bombay High Court held that TDS provisions under section 194H of the Income Tax Act, 1961 are not attracted on discounts given by the assessee to the distributors of prepaid SIM cards The High

The Goods and Services Tax Network (GSTN) has launched an offline tool for filing of quarterly returns for taxpayers who opted for the Composition Scheme. An offline tool for preparing GSTR-4 is available on GST