Failure to issue share certificates within 2 months from the date of incorporation – ROC imposed Penalty of Rs. 1.50 Lakh on the company and Directors
Failure to issue share certificates within 2 months from the date of incorporation – ROC imposed Penalty of Rs. 1.50 Lakh on the company and Directors ROC,NCT OF DELHI & HARYANA, IMPOSED A PENALTY OF ₹1.50 LAKH ON COMPANY& ITS DIRECTORS FOR FAILING TO ISSUE SHARE CERTIFICATES WITHIN 2 MONTHS FROM THE DATE OF INCORPORATION… […]
An option to file online Rectification Applications with the AO
An option to file online Rectification Applications with the AO The Income Tax Department has launched the much-awaited option on the Income Tax portal, i.e., online filing of Rectification Applications. These online applications will greatly benefit taxpayers whose applications have been pending for a long time. Earlier, such applications did not create a Worklist… […]
Extension for Filing Revised or Belated Income Tax Returns: Clearing the Air
Extension for Filing Revised or Belated Income Tax Returns: Clearing the Air Tax season often brings its share of last-minute surprises, and this year is no exception. The CBDT, through its Circular No. 21/2024 dated 31.12.2024, has extended the due date for filing belated or revised income tax returns from December 31, 2024, to… […]
Incorrect Email, Invalid Order: Lessons from Neha Bhawsingka vs. Union of India [2024] 169 taxmann.com 669 (Calcutta High Court)
Incorrect Email, Invalid Order: Lessons from Neha Bhawsingka vs. Union of India [2024] 169 taxmann.com 669 (Calcutta High Court) When statutory notices under the Income Tax Act are sent to an incorrect email address, it can render the entire assessment process invalid. In the case of Neha Bhawsingka, the Calcutta High Court set aside an… […]
Local Committee on High Pitched Assessment is not required to provide a personal hearing and its findings are not binding on appellate authorities: Madras HC
Local Committee on High Pitched Assessment is not required to provide a personal hearing and its findings are not binding on appellate authorities: Madras HC The petition filed before Madras High Court (Madurai Bench): “Bee Cee Fireworks WP 25501 in the case was as under: 1. W.P. No. 25501 of 2024: Seeks to quash the… […]
Tax Due Date Chart for January 2025
Tax Due Date Chart for January 2025 The Copy of the Chart is as under: The post Tax Due Date Chart for January 2025 appeared first on The Tax Talk.
CA certificate in FC-4 now will have to point out non-compliance of any provision of the Act and Rules
CA certificate in FC-4 now will have to point out non-compliance of any provision of the Act and Rules Here is a Foreign Contribution (Regulation) Amendment Rules 2024 effective from 1.1.2025. Now CA certificate in FC-4 will have to point out non-compliance of any provision of the Act and Rules made thereunder: The Copy… […]
Clarification on availability of input tax credit as per clause (b) of subsection (2) of section 16 of the Central Goods and Services Tax Act, 2017 in respect of goods which have been delivered by the supplier at his place of business under Ex-Works Contract
Clarification on availability of input tax credit as per clause (b) of subsection (2) of section 16 of the Central Goods and Services Tax Act, 2017 in respect of goods which have been delivered by the supplier at his place of business under Ex-Works Contract The Copy of the Circular is as under :- […]
Clarification in respect of input tax credit availed by electronic commerce operators where services specified under Section 9(5) of Central Goods and Services Tax Act, 2017 are supplied through their platform
Clarification in respect of input tax credit availed by electronic commerce operators where services specified under Section 9(5) of Central Goods and Services Tax Act, 2017 are supplied through their platform The Copy of the Circular is as under :- The post Clarification in respect of input tax credit availed by electronic commerce […]
Clarification on various issues pertaining to GST treatment of vouchers
Clarification on various issues pertaining to GST treatment of vouchers The copy of the order is as under: The post Clarification on various issues pertaining to GST treatment of vouchers appeared first on The Tax Talk.
