Higher Late Fees payable even in absence of Income Tax Liability on belated ITR Filing when Income > ₹5 Lakhs
The Income Tax Return ( ITR ) late fees under Section 234F for the Assessment Year ( AY ) 2024-25 has thrown a bit of a curveball at individuals who...
CA‘s Certification and Books of Account Showing Excise Duty as Refundable: CESTAT allows Cash Refund Claim [Read Order]
The Mumbai bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) allowed the cash refund claim based on Chartered Accountant‘s certification and books of account reflecting excise...
![CA‘s Certification and Books of Account Showing Excise Duty as Refundable: CESTAT allows Cash Refund Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CA-Chartered-Accountant-CA-Books-CA-Certification-CESTAT-Excise-Duty-TAXSCAN.jpg "CA‘s Certification and Books of Account Showing Excise Duty as Refundable: CESTAT allows Cash Refund Claim [Read Order]")
CA and CMA Certificates or Recipient Undertakings Admissible as Evidence u/s 15(3)(b)(ii) of GST Act, says CBIC Circular providing Mechanism for Reporting [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular, stating the procedure for suppliers to provide evidence of compliance with Section 15(3)(b)(ii) of the Goods and Services...
![CA and CMA Certificates or Recipient Undertakings Admissible as Evidence u/s 15(3)(b)(ii) of GST Act, says CBIC Circular providing Mechanism for Reporting [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/06/CA-and-CMA-Certificates-Evidence-us-153bii-of-GST-Act-CBIC-Circular-TAXSCAN-1.jpg "CA and CMA Certificates or Recipient Undertakings Admissible as Evidence u/s 15(3)(b)(ii) of GST Act, says CBIC Circular providing Mechanism for Reporting [Read Circular]")
Patna HC dismisses Petition on CA Firm’s Non-Empanelment due to Non-Compliance with NIT Conditions [Read Order]
In a recent ruling the Patna High Court has dismissed the petition regarding a Chartered Accountant ( CA ) firm's non-empanelment due to non-compliance with Notice Inviting Tender ( NIT ) conditions....
Taxpayer is liable to pay Interest on Service Tax Paid in Delayed Manner: CESTAT Upholds Rejection of Refund Claim [Read Order]
The Hyderabad bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) upheld the rejection of the refund claim, affirming that the taxpayer is liable to pay interest on service tax...
![Taxpayer is liable to pay Interest on Service Tax Paid in Delayed Manner: CESTAT Upholds Rejection of Refund Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Customs-Excise-CESTAT-hyderabad-Service-tax-Rejection-of-refund-claim-TAXSCAN.jpg "Taxpayer is liable to pay Interest on Service Tax Paid in Delayed Manner: CESTAT Upholds Rejection of Refund Claim [Read Order]")
DGFT amends ANF-4F Guidelines under HBP 2023 to simplify EODC Applications for Deemed Exports [Read Notification]
The DGFT ( Directorate General of Foreign Trade ) has amended the ANF-4F Guidelines under HBP ( Handbook Procedures ) 2023 to simplify the Export Obligation Discharge Certificate ( EODC )Â for deemed...
