Monthly Archives: April 2023

Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2023ike-off application shall now be made to ‘Centre for Processing Accelerated Corporate Exit’: MCA

By | April 19, 2023

Companies Strike-off application shall now be made to ‘Centre for Processing Accelerated Corporate Exit’: MCA The MCA has notified the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2023. As per the amended norms, now an application for the removal of a company’s name must be made to the ‘Centre… Read More »

Income Tax Reassessment Notice not valid if not served on primary email ID available in last ITR filed : High Court

By | April 18, 2023

Income Tax Reassessment Notice not valid if not served on primary email ID available in last ITR filed : High Court HIGH COURT OF BOMBAY Lok Developers Registered Partnership Firm v. Deputy Commissioner of Income-tax DHIRAJ SINGH THAKUR AND KAMAL KHATA, JJ. WRIT PETITION NOS. 1983, 3037 AND 3042 OF 2022 FEBRUARY  15, 2023 Rahul K. Hakani for… Read More »

Income Tax Notices to 8000 Taxpayers for Large Donations claimed in ITR

By | April 18, 2023

Income Tax Notices to 8000 Taxpayers for Large Donations claimed in ITR India’s income tax department has sent notices to about 8,000 taxpayers who have made large donations to charitable trusts, suspecting them to be attempts at tax evasion. Data analytics suggested these taxpayers were making donations disproportionate to their income and expenditure, officials told… Read More »

ICAI Extended last date for updation of Member’s Profile with GSTIN at Self Service Portal

By | April 18, 2023

Members & Students Services (Grievances Handling and e-Sahaayataa) Directorate The Institute of Chartered Accountants of India 17th April, 2023 Announcement Extension of last date for updation of Member’s Profile with GSTIN at Self Service Portal – Till 23rd April, 2023 This is in continuation of our Announcement dated 1st April, 2023 regarding updation of Member’s… Read More »

Category: GST

How to Deal with GST Show Cause Notices in 2023 I Taxmann’s 2nd edition Book April 2023

By | April 17, 2023

Taxmann’s How to Deal with GST Show Cause Notices – Demonstrates how to deal with GST SCNs with the help of various do’s & don’ts, checklists, templatized answers, etc. | Finance Act 2023 Paperback – 13 April 2023   Buy Online Click here This book effectively demonstrates how to deal with various types of GST Show… Read More »

Perishable goods if not sold within 15 days will not become non Perishable goods , not to be relased under GST : High Court

By | April 17, 2023

Perishable goods if not sold within 15 days will not become non Perishable goods , not to be relased under GST : High Court HIGH COURT OF ALLAHABAD Adarsh Tobacco Co. v. State of U.P. ASHWANI KUMAR MISHRA AND VINOD DIWAKAR, JJ. WRIT TAX NO. – 1403 OF 2022 MARCH  17, 2023 Manish Gupta, Arjit Gupta and Naveen Chandra Gupta for… Read More »

Reassessment initiated based on non-existent transaction of purchase of immovable property is invalid : High Court

By | April 15, 2023

Reassessment initiated based on non-existent transaction of purchase of immovable property is invalid : High Court HIGH COURT OF RAJASTHAN Rajhans Processors v. Union of India SANDEEP MEHTA AND KULDEEP MATHUR, JJ. D.B. CIVIL WRIT PETITION NO. 16985 OF 2021 FEBRUARY  8, 2023 Sharad Kothari for the Petitioner. K.K. Bissa for the Respondent. ORDER Sandeep Mehta, J. – The petitioner has… Read More »

Income Tax Appeal can not be rejected just because filed manually instead of electronically : ITAT

By | April 15, 2023

Income Tax Appeal can not be rejected just because filed manually instead of electronically : ITAT IN THE ITAT RAJKOT BENCH LRs Management v. Deputy Commissioner of Income-tax (International Taxation), Gujarat SMT. ANNAPURNA GUPTA, ACCOUNTANT MEMBER AND SMT. MADHUMITA ROY, JUDICIAL MEMBER IT APPEAL NO. 300 (RJT) OF 2017 [ASSESSMENT YEAR 2013-14] FEBRUARY  15, 2023 Manish… Read More »