In the Indian economic landscape, property rental holds significant weight, both as a vital income source for individuals and businesses, and as an unavoidable expense component for countless firms. The spectrum of rental scenarios is broad, spanning from residential leases for personal use to commercial property rentals for business purposes. In this complex setup, an […]
The current government has currently stopped the Gehlot government’s scheme of giving 1 kg wheat to Antyodaya BPL and State BPL families. The Finance Department has decided to review the scheme.In the 2013-14 budget, the Gehlot government implemented a scheme to distribute wheat at Rs 1 per kg to Antyodaya BPL and State BPL families
GST subsumed VAT, service tax, excise duty and several other indirect taxes charged on domestic transactions. Tax on the making charges on gold jewellery was introduced under GST. On the other hand, basic customs duty continues to be collected on the import of gold from other countries and the levy of IGST. Type of Custom Duty/ Rates
Recovery of tax dues by Assessing Officer (1) Any amount specified as payable in a notice of demand under section 13 shall be paid within a period of thirty days of the service of the notice, to the credit of the Central Government in such manner as may be prescribed. (2) Where the Assessing Officer
Filing of appeal by tax authority. (1) The Board may, from time to time, issue orders, instructions or directions to other tax authorities, fixing such monetary limits as it may deem fit, for the purpose of regulating the filing of appeal by any tax authority under this Chapter. (2) Where, in pursuance of the orders,
xclusion of time taken for obtaining copy In computing the period of limitation prescribed for an appeal under this Act, the day on which the notice of the order was served upon the assessee without serving a copy of the order, the time taken for obtaining a copy of such order, shall be excluded.
Amendment of assessment on appeal. Where as a result of an appeal under section 15 or section 18, any change is made in the assessment of a body of individuals or an association of persons or an order for new assessment of a body of individuals or an association of persons is made, the Commissioner
Execution of order for costs awarded by Supreme Court The High Court may, on petition made for the execution of the order in respect of the costs awarded by the Supreme Court, transmit such order for execution to any court subordinate to it.
Execution of order for costs awarded by Supreme Court The High Court may, on petition made for the execution of the order in respect of the costs awarded by the Supreme Court, transmit such order for execution to any court subordinate to it.
Revision of other orders (1) The Principal Commissioner or the Commissioner may, either suo motu or on an application made by the assessee, for the purposes of revising any order passed by an authority subordinate to him, other than an order to which section 23 applies, call for and examine all available records relating thereto. (2) The
CA Bhuvnesh Kumar Goyal
Chartered Accountants
cabkgoyal@gmail.com
9971782649
Ph: 9971782649
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