Popular Articles

Appointment of Auditor in Casual Vacancy in an OPC

Posted by CS Tanveer Singh Saluja 20 March 2022 2327 Views

Let us discuss how to appoint an auditor in casual vacancy in an OPC

What are GST related Gifts from the bag of Santa Clause?

Posted by CA Umesh Sharma 24 June 2019 2327 Views

Arjuna:(Fictional Character)- Krishna, Christmas is coming. During Christmas Santa Clause gives gifts,

Time Limits for Income Tax Notices and Assessments: Quick Guide

Posted by CA Ruby Bansal 25 October 2024 2324 Views

Explore the key time limits for income tax notices and assessments in this quick guide. Stay informed about deadlines for filing, assessments, and resolving tax matters

From Cash to Commodities: The Evolution of 'Goods' in GST Legislation and Courtroom Battles

Posted by CA Yash Shah 11 December 2023 2323 Views

This article will ponder upon the different views of the Court's decisions which would not only clarify the definition of 'goods' under the GST Act but also underscore the necessity for goods to be liable for confiscation under the law.

Declaration of undisclosed income to "buy peace" does not renders an assessee immunity from initiation and levy of penalty

Posted by CA.Mohit Gupta 30 January 2022 2323 Views

Under the Income Tax Act, 1961 penalty is to be levied on the amount of "tax sought to be evaded" in respect of the concealment of particulars of income or furnishing inaccurate particulars of the income. Nevertheless, in case of SEARCH penalty is also levied in respect of "Undisclosed Income" too.

GST Compliance Alert: Check and Rectify Past Claims Before November 2024

Posted by Mitali 11 November 2024 2320 Views

GST Returns which are to be filed in November month, those returns are very important as in this month you need to reconcile them thoroughly.

Power of arrest under GST

Posted by CA Shubham Gupta 30 July 2021 2319 Views

The Commissioner is vested with the power to authorize, by an order, any Officer of the central tax to arrest a person, where he has reasons to believe that such person has committed the offences

Safeguarding Our Digital Future: The Urgent Need and Significance of Data Privacy and Data Protection

Posted by ACS Shahbaz Khan 29 May 2023 2318 Views

In today's increasingly connected world, where technology has become an integral part of our lives, the importance of data privacy and data protection cannot be overstated.

Income Tax Department Sends Notices to 22,000 Taxpayers Over Deduction Discrepancies

Posted by Rashmi 12 September 2023 2316 Views

The Income Tax Department (ITD) has recently sent out notifications to around 22,000 taxpayers, including salaried individuals, high-net-worth individuals, trusts, and Hindu Undivided Families (HUFs).