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On Wednesday National Anti-Profiteering Authority has requested his tax council to convey the advantage of GST price which gets diminished on things relevant to covid things. It is indeed asked to give priority to the common consumer complaints. Beneath the GST act NAA which is a law, the mechanism is allocated to convey the relief […]
The Honourable Madras High Court has quashed the order that confirmed the imposing of penalty at the sum of 1.5 times of the tax demanded. The respondent party is Harish Agencies. It is a dealer in high-speed diesel and petrol in Puducherry. The petitioner-Department of Tax sent a”“pre-assessment notice” in supersession of the earlier notice […]
The Judgment of the Honourable Rajasthan High Court became a precedent that under the GST regime, the scope of inquiry ends if goods in transit conform with the documents. The Petitioners H.R. Enterprises submitted to the Honourable High Court on April 10 of this year that its goods and vehicle have been detained since March […]
Hearings cannot be replaced by telephone & e-mails. This verdict was passed by the Bombay High Court while responding to the petitioner “BA Continuum India Pvt. Ltd.” and respondent “GST authority” in a hearing-related case. The petitioner(BA Continuum India Pvt. Ltd.) is a company and provides information technology and information technology-enabled services to customers located […]
It is quite an effective decision to do US CPA within CA besides because most of the concepts are likely towards the Indian MNCs such as Infosys, Wipro, DRL which has been listed in the US and also these four needs that you must have a CPA for their global delivery services. Complete Information Concerning […]
Beneath section 10(46) of the Income Tax Act 1961, the Central Board of Direct Taxes (CBDT) declared the income of the Haryana state pollution control board is privileged. The central government has a permit beneath section 10(6) for the income tax act declared ‘Haryana State Pollution Control Board’ (PAN AAAJH0446F), a board controlled through the […]
A company that is not listed on the stock market is known as an unlisted company. Unlisted Companies in India are required to comply with annual filing under the Companies Act, 2013. We are providing the Anual Compliance calendar for Unlisted Companies for the Financial Year (FY) 2021-22. The table below is having Compliance, Section […]
The Delhi High Court ordered the Income Tax Authority to pass the benefit of revised TDS rates for the FY 2019-20 and a discount of 25%. The order comes in the case where Manpower Services is the petitioner and has challenged the order passed by the respondent authority following section 197 of the Income Tax […]
What is a Standard Deduction? In India, the standard deduction was first used in 1974. And then ultimately abandoned. It was reinstated in the Union Budget of 2018. Both pensioners and those on salaries can presently make use of it. since it lowers their taxable income it helps individuals to reduce their tax burden and […]
