26 Jul 24

New Tax Rules for Buy-Back of Shares by Domestic Companies

New TDS Rules for Payments to Partners: Section 194T w.e.f 1st April 2025

New TCS Rules on Luxury Goods: Section 206C Amendments w.e.f 1st January 2025

Finance Act 2024: Revised TDS Provisions for Transfer of Immovable Property

Major Key Changes of GST Law in Union Budget 2024-25

25 Jul 24

New Compliance Rules for Non-Resident Liaison Offices

Union Budget 2024: ICAI Welcomes Budget 2024-25 Focusing on Employment, Skilling, MSMEs and the Middle Class

Calcutta HC: Dept’s Failure to Serve Section 69A Notice Invalidates Assessment Order

Budget 2024-25: New Rules for Transfer Pricing of Domestic Transactions

Section 271FAA Amended for Automatic Exchange of Information (AEOI) Compliance

24 Jul 24

Section 80G Amendment: Tax Deduction for Donations to National Sports Development Fund w.e.f 1st April 2025

Income Tax Slabs FY 2023-24 & AY 2024-25 (New & Old Regime Tax Rates)

Budget 2024-25: Black Money Act Liabilities to be Settled Against Seized Assets from October 2024

Budget 2024 Proposes Six-Year Limit on TDS/TCS Correction Statements

Budget 2024-25 Changes in NPS: All You Need to Know [Read Bill]

23 Jul 24

Key Highlights of Union Budget 2024-2025

GST Reduces Logistics Costs and Truck Travel Time by Up to 30%

AIS-26AS Issues: ICAI and Others Seek Permanent ITR Due Date of August 31

Gujarat AAR: GST Liability Arises on Advance Amounts Received Against Supply Portion of a Work Contract

22 Jul 24

CBDT awards Taxnet 2.0 Project to M/s Bharti-Airtel Ltd

Income Tax Portal Update Denies Rebate for Short-Term Capital Gains

CBIC releases National Time Release Study (NTRS) 2024

21 Jul 24

CESTAT Allows a Cement Trader to Claim Cenvat Credit on Welding Electrodes Used in the Production Process

Calcutta HC Grants Relief for Non-Receipt of GST SCN U/S 73 Due to Technical Glitches

Orissa HC Allows Businesses to Rectify GSTR-1 Filing Error (B2C to B2B)

20 Jul 24

Bombay HC: IT Section 148A(d) Order Cannot Be Passed Without a Valid Sanction Under Section 151

Madras HC Allows Contestation of Three Missed GST Personal Hearing Notices with 10% ECR Pre-deposit

ICAI Highlights Tax Payment Issues to CBDT on ITR Portal

19 Jul 24

SC to Consider TDS Applicability on Allowances for Judicial Officers Under SNJPC, Next Hearing on 5th Aug

Karnataka HC Orders Verification of GST Documents Not Submitted Due to Noticee’s Hospitalization

CBIC Notifies Integration Services Between the GST e-Invoicing 1 and 2 Web Portals

16 Jul 24

GSTN: Refund of Additional IGST paid on account of Upward Revision in prices of goods subsequent to Exports

Uber and Other Ride-Hailing Apps Seek Government Clarity on GST Liability

Income Tax Portal Payment Issues: ICAI addresses Issue before CBDT

GST Council Reconstitutes Key Panel to Boost System Reform

15 Jul 24

Bengaluru CA Taunts Narayana Murthy to Work on 70 Hours a Week Slogan

Ahmedabad ITAT: IT Section 254(2) Only Allows Rectification of Mistakes, Not Recalling or Reviewing Orders

Madras HC Orders Reconsideration of Unprocessed GST Refund Flagged by DGRAM

14 Jul 24

SC Rejects Anticipatory Bail in GST Summons Case U/S 69, Grants Interim Protection

Uber and Others Seek Clarification from the Govt on GST Applicability to Its Business

Kolkata ITAT: IT Sec 80G Benefits Are Not Denied Because Of A Technical Error During Approval

13 Jul 24

Madras HC Orders Reconsideration of Unprocessed GST Refund Flagged by DGRAM

CBIC Adds New Procedures for Voluntary GST Payments to Rule 142 of the CGST Rules

CBIC Dept. Updates Table 6.1 of GST Return Form 3B for Adjustments Prior Negative Liability

12 Jul 24

Delhi HC: If One Member is Not Responsible for the Violation, ICAI may Proceed Against the Full Firm

11 Jul 24

Budget 2024-25: No Income Tax for Salaried Individuals If Exemption Limit Reaches ?5 Lakh, See How

09 Jul 24

Budget 2024: Call for Amendments to Advance Tax Provisions for Individuals

GSTN Expands Digital Payment Options to West Bengal and 16 Other States

Not Responding GSTR-3A Triggers Action u/s 62: Madras HC Allows Contesting the Penalty with a Partial Deposit

Calcutta HC: Mobile Service Provider Cannot Be Obliged to Deduct TDS on Income Earned by Supplier