Opportunities for Chartered Accountants in the Transformative GST Era

2 Jan, 2024

Opportunities for Chartered Accountants in...

In the dynamic arena of finance, Chartered Accountants (CAs) have historically been synonymous with audit and accounts ...

Comprehensive Overview on Schedule I and Schedule II of FEMA on Capital Account Transactions

2 Jan, 2024

Comprehensive Overview on Schedule I and S...

Introduction In the realm of financial regulations, the Foreign Exchange Management Act (FEMA) plays a pivotal role,...

CBDT Records Unprecedented 8.18 Crore ITRs for AY 2023-2024

2 Jan, 2024

CBDT Records Unprecedented 8.18 Crore ITRs...

Introduction: In a remarkable feat, the Central Board of Direct Taxes (CBDT) achieved a historic milestone with an a...

31 Dec, 2023

Landmark Delhi High Court Ruling Ensures R...

Introduction:In a significant legal development, the case of A.S. Rawat vs. Dawa Tashi (AIR 2023 Delhi 252) unfolde...

DGFT Extends Deadline for Mandatory E-Filing of Non-Preferential Certificate of Origin

28 Dec, 2023

DGFT Extends Deadline for Mandatory E-Fili...

In a recent development, the Directorate General of Foreign Trade (DGFT) has issued Trade Notice No. 36/2023-24 dated D...

GST Payment Made Easy: Two New Banks Join the Ranks

28 Dec, 2023

GST Payment Made Easy: Two New Banks Join ...

In a significant move to enhance the efficiency and accessibility of Goods and Services Tax (GST) payments, the GSTN ha...

The Income Tax Department issued clarification regarding issuance of notices to taxpayers who have already filed Income Tax Returns.

28 Dec, 2023

The Income Tax Department issued clarifica...

Introduction: In the intricate world of taxation, communication from the Income Tax Department can sometimes raise e...

Online Filing of Annexure-V for Goods Transport Agencies opting Forward Charge

28 Dec, 2023

Online Filing of Annexure-V for Goods Tran...

Introduction In a significant stride towards enhancing the ease of tax compliance, the Goods and Services Tax Networ...

Reopening assessment based on mistaken factual premises is unsustainable in law

26 Dec, 2023

Reopening assessment based on mistaken fac...

Introduction: The Income Tax Appellate Tribunal, Delhi Bench "C," recently adjudicated the appeal in the case of Kun...

Delay in Filing Form 67 will not disallow Foreign Tax Credit

26 Dec, 2023

Delay in Filing Form 67 will not disallow ...

Introduction: In a significant development within the realm of income tax jurisprudence, the Income Tax Appellate Tr...

Penalty proceedings u/s 271BA: Assessee failed to obtained 3CEB report as mandated by Section 92E

26 Dec, 2023

Penalty proceedings u/s 271BA: Assessee fa...

Introduction: In the dynamic realm of income tax proceedings, one case has caught our attention – ITA No. 6694/Del...

Assessee must be informed of grounds of the penalty proceedings u/s 271(1)(c) only through statutory notice

26 Dec, 2023

Assessee must be informed of grounds of th...

Introduction: In a recent development in the realm of income tax matters, the Income Tax Appellate Tribunal (ITAT) o...

Navneet Dutta vs ACIT, Circle 67 (1), New Delhi.

26 Dec, 2023

Navneet Dutta vs ACIT, Circle 67 (1), New ...

Introduction Navigating the intricate web of income tax disputes, the Income Tax Appellate Tribunal (ITAT) in Delhi,...

A Special Procedure for Commissioner Appeals under GST

21 Dec, 2023

A Special Procedure for Commissioner Appea...

In a recent move to address concerns related to the filing of appeals under the Central Goods and Services Tax Act, 201...

Comprehensive Guidelines on GST Registration: Strengthening Processes

21 Dec, 2023

Comprehensive Guidelines on GST Registrati...

In a significant move to combat the rising issue of fake or bogus registrations under the Goods and Services Tax (GST) ...

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