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Delhi court has granted bail to a man who is accused of passing GST input tax credits totaling of Rs.19 crores inadvertently.

GST Fraud: Delhi Court grants Bail to Man in Rs.19 crore GST Fraud Case

Judgement

ITAT allows claim of brought forward loss and current year loss adjusted by CPC

ICAI CA Final November 2022 Likely to be declared on 10th January

ICAI CA Final November 2022 Result Likely to be declared on 10th January

Income Tax Appellant Tribunal (ITAT) Surat has said that in absence of material to show net profit rate, the presumptive net profit rate of 8% as stipulated in section 44AD could be taken for estimation of income.

Income Tax Assessment: Take presumptive rate of 8% u/s 44AD in absence of record; says ITAT

Rs 100 Crore Assessment Notice quashed by High Court due to violation of Natural Justice

Articles

RBI published the list of Domestic Systemically Important Banks (D-SIBs) for 2021. RBI continues to classify SBI, ICICI Bank, and HDFC Bank as D-SIBs. Banks whose assets exceed 2 percent of the national GDP are considered as D-SIBs.

RBI releases 2022 List of Domestic Systemically Important Banks (D-SIBs)

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