Daily Archives: August 24, 2023

CBDT can reject application for condonation of delay in Filing ITR if filed after 16 years : High court

By | August 24, 2023

CBDT can reject application for condonation of delay in Filing ITR if filed after 16 years : High court HIGH COURT OF BOMBAY Mathuradas Narandas & Sons Forwarders Ltd. v. Central Board of Direct Taxes, Ministry of Finance, Department of Revenue K.R. SHRIRAM AND M.M. SATHAYE, JJ. WRIT PETITION NO. 1020 OF 2020 JUNE  13, 2023 Devendra… Read More »

Income Tax Return Abbreviation

By | August 24, 2023

Abbreviation Expansion AIR Annual Information Return A AJP Artificial Jurisdical Person AO Assessing Officer AOP Association of Persons ATM Automated Teller Machine AY Assessment Year BOI Body of Individuals B BSR Basic Statistical Return CCIT Chief Commissioner of Income Tax C CA Chartered Accountant CBDT Central Board of Direct Taxes CCA Controller of Certifying Authorities… Read More »

GST update 198 by ICAI Indirect Tax committee

By | August 24, 2023

GOODS & SERVICES TAX UPDATE-198 1. Widening of territorial jurisdiction of Principal Commissioner/Commissioner of Central Tax The territorial jurisdiction of Principal Commissioner/Commissioner of Central Tax has been widened for the cities of Guntur, Tirupati and Vishakhapatnam in the State of Andhra Pradesh with retrospective effect from 04.04.2022. Notification  No. 39/2023-CT dt. 17.08.2023 2. Appointment of… Read More »

Category: GST