The Orissa High Court has stayed the notice issued under Section 74 of the Goods and Services Tax ( GST ) which consolidated multiple assessment years following the single bench’s…
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition of Rs. 4.82 crore made as unexplained cash credit in the case of the assessee, citing…
Top Stories GST Evasion by claiming Unauthorised ITC of Rs. 63.37 Crores through Fake Bills: Chhattisgarh HC Grants Bail [Read Order] It was found that the evidences procure in the…
The Finance Minister, Nirmala Sitharaman, is ready to make amendments to key banking laws during the ongoing Winter Session of Parliament. Among the targeted legislations are the Reserve Bank of…
The National Financial Reporting Authority ( NFRA ) has finalised and recommended the 40 auditing standards and quality management rules for the Limited Liability Partnerships ( LLP ). The standards…
In a belated-yet-milestone development for the Goods and Services Tax (GST) dispute resolution system, the Central Government has officially notified the jurisdictions, sittings, and members of the Goods and Services…
Top Stories QR Codes on PAN Cards? PAN 2.0 Explained with FAQs Union Minister confirmed existing PAN cards will remain valid even after the introduction of Pan 2.0, no need…
Top Stories Top 17 GST Amnesty 2024 Scheme Questions Answered Can You Apply for a Waiver Under Section 128A if the Notice Under Section 73 Involves Erroneous Refund Demand? Find…
Top Stories ITAT quashes AO’s Additions of Undisclosed Income and Bogus Expenses due to Lack of Corroborative Evidence [Read Order] The ITAT ruled that the statement made during the search…
Top Stories ITAT quashes AO’s Additions of Undisclosed Income and Bogus Expenses due to Lack of Corroborative Evidence [Read Order] The ITAT ruled that the statement made during the search…