Bombay High Court held that interest on delayed refund is payable as per section 56 of the Central Goods and Services Tax Act (CGST Act) and the period for grant of interest would begin on expiry of ...
INCORRECT/INCONSISTENT PROCESSING OF INCOME TAX RETURNS BY THE CPC: These challenges, which we outline below, are significantly impacting taxpayers and professionals. Urgent attention is needed to ...
The company being a subsidiary of foreign company M/s. Ingeteam Power Technology SA and does not fall under the definition of small company as per provision of Section 2 (85) of the companies Act, ...
In exercise of the powers conferred by clause (viiaf) of section 47 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the transfer of capital asset from NLC India ...
The Kerala High Court recently addressed a significant issue concerning the limitation period for filing GST appeals. The judgment emphasized that the limitation period under Section 107 of the ...
Office has arrested 02 Chinese Nationals namely Xiao Ya Mao and Wu Yuanlun on 13.11.2024 from Tiruchirappalli, Tamil Nadu under the provisions of the PMLA, 2002 in a case booked against digital loan ...
यह कि PAN 2.0 को लेकर आपके मन में जिज्ञासा, शंकाओं ने जन्म लिया होगा जिसके हर सवाल का जवाब आयकर विभाग द्वारा अपने प्रश्नोत्तर के रूप में दिया है। आयकर विभाग नेF&Q PAN 2.0,QR कोड वाले नए PAN कार्ड को ...
Submitting documents in the wrong format or failing to connect obligatory documents is a prime mistake. How to avoid: Review the checklist of required files. Ensure they are in the prescribed layout ...
In November 2024, GSTN released several advisories to update taxpayers on various compliance requirements and functionalities on the GST portal. Key advisories include a reduction in the threshold for ...
CA Bhupesh Anand Sir is a trusted name in finance education, with over 28 years of experience helping commerce students achieve their dreams. Fellow Member of ICAI, ICSI, and ICMAI.