Order rejecting the ITC claim is not valid if relevant documents not considered by GST Officer : High Court HIGH COURT OF MADRAS Ingram Micro India (P.) Ltd. v. State Tax Officer SENTHILKUMAR RAMAMOORTHY, J WRIT PETITION NO.594 OF 2024 W.M.P.NOS.577 & 578 OF 2024 JANUARY 12, 2024 G. Natarajan, for the Petitioner. Mrs. K. Vasanthamala, for the Respondent.… Read More »
No Interest is Payable if Tax is Deposited in Electronic Cash Ledger but GSTR 3B is Filed Belatedly. In Eicher Motors Limited Hon’ble Madras High Court on 23/01/2024 settled the issue and great relief for the tax payers who has deposited the tax in Electronic Cash Ledger but couldn’t adjust it or file their GSTR… Read More »
Lodge your complaint with SEBI at https://scores.gov.in/scores/Welcome.html or SEBI Mobile App – SCORES SEBI Toll free helpline – 18002667575 / 1800227575 NSDL helpline – 022-48867000 / 022-24997000 NSDL email for grievance – relations@nsdl.com NSDL email for other information – info@nsdl.com Resolve your disputes in Securities Market online using SMART ODR Portal. Visit https://smartodr.in/login
Facility to investors of voluntary freezing/de-freezing of Demat Accounts through Depository Participants (DP) or SPEED-e facility If you wish to temporarily freeze/de-freeze your Demat Account for any reason, you can avail the facility of freezing your demat account by choosing Account level, ISIN level or Quantity level freeze anytime, anywhere by submitting a written request in… Read More »
Claiming Unclaimed Shares and Dividends All dividends and shares which remain unpaid or unclaimed for seven consecutive years, are transferred by respective companies to Investor Education and Protection Fund Authority. Investors can submit claim to IEPF Authority to receive unpaid dividend and/or unclaimed shares by visiting https://www.iepf.gov.in
No Penalty if there was mistake while uploading the ITR as expenses were disallowed in the Tax Audit report but not in ITR : High Court HIGH COURT OF BOMBAY Principal Commissioner of Income-tax-13 v. Pinstorm Technologies (P.) Ltd. K.R. SHRIRAM AND DR. NEELA GOKHALE, JJ. IT APPEAL NO.1117 OF 2018 DECEMBER 20, 2023 Akhileshwar Sharma for the… Read More »
No additions in Income Tax if housewife used her past savings to pay stamp duty in cash for purchase of property : ITAT IN THE ITAT, DELHI BENCH ‘SMC’ Poonam Garg v. Income Tax Officer, Ward-55(3) C.M. GARG, JUDICIAL MEMBER IT APPEAL NO. 2022 (DELHI) OF 2022 [ASSESSMENT YEAR 2015-16 ] JUNE 7, 2023 K.… Read More »
GST Appellate Authority should condone the delay in filing appeal beyond 4 months : High court HIGH COURT OF CALCUTTA Arvind Gupta v. Assistant Commissioner of Revenue State Taxes HIRANMAY BHATTACHARYYA, J. WPA NO. 2904 OF 2023 JANUARY 4, 2024 Boudhayan Bhattacharyya, Ms. Stuti Bansal and Ms. Rinki Saha for the Petitioner. Pretom Das, Dilip Kumar Agarwal, Ratan Banik and Biswaraj Agarwal for the Respondent.… Read More »
CBDT releases key Direct Tax Statistics through Time-Series data Posted On: 23 JAN 2024 6:59PM by PIB Delhi The Central Board of Direct Taxes (CBDT) has been releasing key statistics relating to Direct Tax collections and administration in public domain from time to time. In continuation of its efforts to place more and more information… Read More »
Final stage of preparations for Interim Union Budget 2024 commences with Halwa Ceremony Posted On: 24 JAN 2024 6:41PM by PIB Delhi The Halwa ceremony, marking the final stage of the Budget preparation process for Interim Union Budget 2024, was held in North Block, today, in the presence of Union Finance & Corporate Affairs Minister… Read More »