Judgement

The ITAT ruled that a rectification order under Section 154 is invalid if the Section 143(1) intimation is not served with a valid Document Identification Number (DIN), restoring the taxpayer’s refund claim.

Income Tax Order Without DIN Invalid and Considered not Served [ITAT]

Articles

A simplified GST scheme allowing small taxpayers to file quarterly returns while making monthly tax payments, ensuring easier compliance and better cash flow management.

Due Date Alert: GSTN Advises QRMP Taxpayers to File Return on Time

These 5 deductions and Exemptions are available for salaried employees that can significantly reduce their tax liability.

ITR Filing Season: 5 Important Deductions/Exemptions Available to Salaried Taxpayers

Several major banks, including HDFC, ICICI, Axis, and Federal Bank, have reduced savings account interest rates, affecting customers’ returns and financial planning.

Why HDFC, ICICI, Axis, and Federal Bank Customers are worried?

A case has been registered by the police against some unknown persons for using fake documents in the name of a Vakola Resident to open a bank account.

Vakola Resident Gets Rs 2.83 Cr Tax Notice After Fraudsters Use His Identity to Open Bank Account; Case Registered

In order to make the GST registration process smoother and shorter, the CBIC has ordered top department officers to ensure that no trouble is created in the process.

CBIC Penalises Officers Asking for Unrequired Documents for GST Registration

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News