Income Tax search revealed unaccounted income of about Rs. 184 crore 

By | October 16, 2021

Income Tax Department’s searches in Maharashtra reveal unaccounted income of over Rs. 184 crore Posted On: 15 OCT 2021 The Income Tax Department carried out search and seizure operations on two real estate business groups of Mumbai and certain individuals/ entities associated with them. The search operations commenced on 07.10.2021 and have been carried out at about 70 premises… Read More »

Income Tax Department conducts searches in Kanchipuram, Chennai and Vellore : undisclosed income detected Rs 150 crore

By | October 11, 2021

Income Tax Department conducts searches in Kanchipuram, Chennai and Vellore Posted On: 10 OCT 2021 1:59PM by PIB Delhi The Income Tax Department conducted searches on 05/10/2021 in two cases of Kanchipuram, one being a Chit Fund and Financing Group and the other a retailer of Silk Sarees and other garments. The search operations were… Read More »

Cancellation of GST registration not valid if Show cause notice not issued in prescribed format : High Court

By | October 10, 2021

Cancellation of GST registration not valid if Show cause notice not issued in prescribed format : High Court The impugned order being order for cancellation of GST Registration dated 30.10.2019  is set aside solely on the ground that SCN which preceded the same has not been issued in the prescribed template i.e., REG-17 under Rule… Read More »

GST Best Judgment Assessement Order set aside if GST returns filed by order of High Court

By | October 10, 2021

GST Best Judgment Assessement Order set aside if GST returns filed by order of High Court HIGH COURT OF KARNATAKA Associate Decor Ltd. v. Assistant Commissioner of Commercial Taxes, Bengaluru S. SUNIL DUTT YADAV, J. WRIT PETITION NO. 45290 OF 2019 (T-RES) JULY  2, 2021 K.P. Kumar, Sr. Adv., Ajay Rao and Adith Jahgirdar, Advs. for the Petitioner. Hema Kumar AGA for… Read More »

PM CARES for Children Scheme 2021 Notification Download

By | October 9, 2021

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 6th October, 2021 G.S.R. 723(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme, namely:- 1. (1)This Scheme may be called the PM CARES for Children Scheme,… Read More »