Judgement

In the matter of M/s Senthil Murugan Jewellers Pvt Ltd vs DCIT ITAT refused to give condonation on the reason that Delay was because the Chartered Accountant of the assessee company has not advised the assessee to file the appeal.

"CA has not advised to file appeal" No Valid Reason for condoning delay: ITAT

News

Income Tax Gross Collections for FY 2022-21 upto December 2022 are at Rs. 11,35, 754 crore, compared to Rs. 9,47,959 crore in the corresponding period of the preceding Financial Year i.e FY 2021-22, representing an increase of 19.81%.

Income Tax Gross Collections for FY 2022-21 upto December 2022

The Allahabad High Court sentenced an income tax officer to a week in jail for allowing an outstanding tax demand to remain on the web portal for seven months after it was quashed due to a jurisdictional error.

Refusal to delete Tax Demand on Income Tax Portal: ITO sentenced to Jail for a week by High Court

The Ministry of Corporate Affairs (MCA) is planning to have Staggered due dates for the submission of compliance forms on the MCA Portal. This will be in line with GSTR-3B filing on the Goods & Service Tax Portal.

MCA to have Staggered due dates for submission of compliance Forms

50 thousand GST notices have been sent to companies after the GST audit by the Goods and Service Tax Department. These notices have been sent after GST Audit based on GST Annual Return filed for FY 2017-18, 2018-19, 2019-20 and 2020-21.

50 Thousand GST Notices sent to companies after GST Audit

GST Council took significant efforts to facilitate E-Commerce for Micro Enterprises

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