Standard Operating Procedure(for conduct of Search & Seizure under Section 67(2)of the Karnataka Goods and ServicesTax Act, 2017) GOVERNMENT OF KARNATAKA (Department of Commercial Taxes) No. Adcom (A, I &C)/PA/CR-09/2023-24 Office of the Commissioner of Commercial Taxes (Karnataka), VTK-1, Gandhinagar, Bengaluru, Dated 06-07-2023. COMMISSIONER OF COMMERCIAL TAXES CIRCULAR No. GST-05/2023-24 Download Click here
15. In the case in hand, the petitioner has only brought on record the tax invoices, e-way bills, GR and payment through banking channel, but no such details such as payment of freight charges, acknowledgement of taking delivery of goods, toll receipts and payment thereof has been provided. Thus in the absence of these documents,… Read More »
UDIN DirectorateThe Institute of Chartered Accountants of India26th Oct 2023 Dear Member, Archiving of UDINs It has been decided to archive UDINs after one year of their generation to ease off the load on the servers. Implementation of archiving UDINs has been scheduled in the phased manner beginning for the year 2019 in the first… Read More »
GST Late Fees Expenses allowed in Income Tax : ITAT Further, it is noted that payments towards late fees for filing TCS/ GST Return is not an offence prohibited by law. For the above reasons, the ground no. 3 of the assessee is allowed IN THE ITAT JAIPUR BENCH ‘B’ Manglam Arts v. Principal Commissioner… Read More »
CBDT condones delay in filing of Form 10-IC for AY 2021-22 if ITR was filed within due date Circular No. 19/2023, dated 23-10-2023 Rule 21AE of the Income-tax Rules, 1962 prescribes the manner of exercising the option under section 115BAA for domestic companies. Such an option can be exercised by furnishing Form No. 10-IC for… Read More »
NEW GST Notice for LATE FEES ISSUED I CA Satbir Singh
New Income tax Notices for ITR Filer I CA Satbir Singh
Section 133 Income Tax Act Power to call for information. 1133. The 2[Assessing] Officer, the 3[Deputy Commissioner (Appeals),] 4[the 5[Joint Commissioner] or 6[the Joint Commissioner (Appeals) or] the Commissioner (Appeals)] may, for the purposes of this Act,— (1) require any firm to furnish him with a return of the names and addresses of the partners of the… Read More »
RCM in GST Changed from 20th oct 2023 I Updated List and Notification CA Satbir Singh
Seeks to amend Notification No 17/2017- Union territory Tax (Rate) dated 28.06.2017. NOTIFICATION New Delhi, the 19th October, 2023 No. 16/2023- Union Territory Tax (Rate) G.S.R. 773(E).—In exercise of the powers conferred by sub-section (5) of section 7 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), the Central Government, on… Read More »