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Income-tax (Twelvth Amendment) Rules, 2023
Publish Date : Monday, July 17, 2023 source
Introduction to GST Registration, Suspension, Cancellation & Revocation of Cancellation
Check out GST Practical Guides | Registration, Suspension, Cancellation & Revocation of Cancellation, a comprehensive guide to the practical aspects of GST law, detailing registration processes, special provisions, amendments, suspensions, and cancellations in an easy-to-understand language. It is amended by the Finance Act 2023 and is developed by the Goods & Services Tax Practitioners' Association […]
Income-tax (Thirteenth Amendment) Rules, 2023
Publish Date : Tuesday, July 18, 2023 source
No Advance Ruling to be Issued when Application is Filed After Work/Activity/Supply is Completed: AAR
Case Details: Authority for Advance Rulings, Maharashtra Aryan Contractor (P.) Ltd., In re - [2023] 152 taxmann.com 370 (AAR-MAHARASHTRA) Judiciary and Counsel Details Rajiv Magoo & T.R. Ramnani, Member Facts of the Case The applicant was engaged in providing works contract services. It filed an application for advance ruling to determine taxability of liquidated damages […]
Fair Valuation Technique for Unquoted Investments in Equity Instruments as per Ind AS 109
A company engaged in providing technology solutions to strategic users in defense and atomic energy. It holds investments in an unlisted company and values this investment at fair value. As per paragraph 46 of Ind AS 39, after initial recognition, an entity shall measure financial assets at their fair values. Further, paragraph AG74 of Ind […]
CBDT Amends Notification Exempting NRs from ITR Filing Incorporating Amended Definition of ‘Investment Fund’
Notification No. 49/2023, dated 14-07-2023 Section 139 of the Income-tax Act 1961 deals with filing return of income (ITR). It defines various criteria which mandate the filing of ITR by different people. Sub-section (1C) of section 139 empowers the Central Government to exempt any class or classes of persons from furnishing ITR having regard to […]
Notification No. 48 /2023 [F. No. 300196/4/2014-ITA-I(Pt.-1)] / SO 3050(E)
Publish Date : Tuesday, July 11, 2023 source
SEBI Specifies Detailed Disclosures to be Made Under Regulations 30 & 30A of SEBI (LODR) Regulations, 2015
SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123, Dated 13.07.2023 Earlier the SEBI modified Regulations 30 and 30A of the SEBI (LODR) Regulations, 2015. Now, the SEBI has specified the detailed disclosures to be made under regulations 30 and 30A of the SEBI (LODR) Regulations, 2015. Accordingly, the SEBI prescribed a list of details to be provided while disclosing […]
Corrigenda to Circular No. 10 of 2023 dated 30th June, 2023
Publish Date : Thursday, July 6, 2023 source
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