GST Appellate Tribunals Set to Begin Operations by July or August, says Revenue Secretary Sanjay Malhotra

Revenue Secretary Sanjay Malhotra has made some clarifications and confirmations regarding the imminent commencement of operations for Goods and Services Tax ( GST ) Appellate Tribunals. The tribunal is  to…

Continue ReadingGST Appellate Tribunals Set to Begin Operations by July or August, says Revenue Secretary Sanjay Malhotra

Failure to Prove Genuineness of Cash Gift of Rs. 42 Lakhs: SC Upholds Income Tax Addition [Read Order]

Top Stories Failure to Prove Genuineness of Cash Gift of Rs. 42 Lakhs: SC Upholds Income Tax Addition [Read Order] The Supreme Court upheld the order set aside the deletion…

Continue ReadingFailure to Prove Genuineness of Cash Gift of Rs. 42 Lakhs: SC Upholds Income Tax Addition [Read Order]

Allegation of Wrong Availment of IGST refund: Kerala HC directs to Issue Materials to File Reply to SCN [Read Order]

The Kerala High Court directed to issue materials to file rely to the show cause notice ( SCN ) in the matter regarding an allegation of wrong availment of IGST…

Continue ReadingAllegation of Wrong Availment of IGST refund: Kerala HC directs to Issue Materials to File Reply to SCN [Read Order]

GST Council may Consider Biometric-Based Registration Across India to Curtail Fake Registrations; says CBIC Chief

The Chairman of the Central Board of Indirect Taxes and Customs ( CBIC ), Sanjay Kumar Agarwal, revealed on Friday that the Goods and Services Tax ( GST ) Council…

Continue ReadingGST Council may Consider Biometric-Based Registration Across India to Curtail Fake Registrations; says CBIC Chief

CBDT Extends Deadline for Processing E-Filed ITRs with Refund Claims in Non-Scrutiny Cases until April 31, 2024

The Central Board of Direct Taxes ( CBDT ) has recently issued an order, dated January 31, 2024, addressing the processing of Income Tax Returns ( ITRs) that were validly…

Continue ReadingCBDT Extends Deadline for Processing E-Filed ITRs with Refund Claims in Non-Scrutiny Cases until April 31, 2024

MCA Establishes New CPC at IICA for Processing and Disposal of E-forms w.e.f. February 6, 2024 [Read Notification]

Top Stories MCA Establishes New CPC at IICA for Processing and Disposal of E-forms w.e.f. February 6, 2024 [Read Notification] Its primary function is the processing and timely disposal of…

Continue ReadingMCA Establishes New CPC at IICA for Processing and Disposal of E-forms w.e.f. February 6, 2024 [Read Notification]

Future-Ready Accounting: Know Leading Robotic Process Automation Solutions for Accounting Firms

Top Stories Future-Ready Accounting: Know Leading Robotic Process Automation Solutions for Accounting Firms Accounting firms has to rely on automation softwares for make work easier By Navasree A.M - On…

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Income Tax Department to Wipe Out Petty Tax Demands for approx 80L Taxpayers on its own; says CBDT Chairman

The Central Board of Direct Taxes ( CBDT ) Chairman, Nitin Gupta, announced that the income tax department will autonomously clear pending petty tax demands for approximately 80 lakh taxpayers.…

Continue ReadingIncome Tax Department to Wipe Out Petty Tax Demands for approx 80L Taxpayers on its own; says CBDT Chairman