By: AdminApril 23, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Delhi High Court heard the case of Sterlite Power Transmission Ltd. v. Union of India [WP (C) 2966 of 2024]…
Income Tax Act amendment on cards on tax treatment of MSME dues
By: AdminApril 23, 2024Categories: Income Tax|Income Tax News4 Min Read A change introduced last year in the Income Tax Act to help small businesses receive timely payments might have had…
Gold prices rise 7.60% this month, 15% in YTD; How income tax rule applies on your gains: Know Here
By: AdminApril 23, 2024Categories: Income Tax|Income Tax News4 Min Read Income tax rule for gold: Amid fear of the Iran-Israel war, the gold rate today is in an uptrend bias.…
TS Plans to Reopen Closed Tax Cases Unnerves Bizmen Nation
By: AdminApril 23, 2024Categories: Income Tax|Income Tax News4 Min Read An internal note circulated by the commercial tax department to the joint commissioners of all divisions in the state has…
Recovery proceedings not to be initiated against the former director of the Company who was not the director during the concerned period
By: AdminApril 23, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Bombay High Court in the case of Prasanna Kumar Shetty v. State of Maharashtra and Others [Writ Petition No. 3098…
IMA National President Calls for Immediate Action on GST Removal in Healthcare
By: AdminApril 23, 2024Categories: GST Recent News4 Min Read The National President of the Indian Medical Association (IMA) was in Nagpur this Sunday to inaugurate the new team of the…
CBDT notified changes in jurisdiction of certain assessment and verification units
By: AdminApril 23, 2024Categories: CBDT Notification|Notification And Circular4 Min Read The CBDT vide Notification No. 39/2024 dated April 22, 2024 has amended its earlier notification (S.O.2692 (E), dated June 10,…
UltraTech Cement gets ₹7.92 crore GST demand from Karnataka authority
By: AdminApril 23, 2024Categories: GST Recent News4 Min Read UltraTech Cement Limited has disclosed in a regulatory filing that is has received an order from the Deputy Commissioner, Divisional GST…
Rs. 3731 Crore Penalty Demand from the employees set aside
By: AdminApril 22, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Bombay High Court in the case of Shantanu Sanjay Hundekari v. Union of India and Ors [Writ Petition (L) No.…
India is emerging as a major manufacturing & export hub with launching of new schemes; as of now, 99% of electronic devices India uses are made in India, locally: Ashwini Vaishnav
By: AdminApril 22, 2024 Categories: export import|News 4Min Read The Union Minister Shri Ashwini Vaishnaw said, with the introduction of new schemes and preparing a framework in about a dozen…