Setting up of Units under section 144B(3) of Income-tax Act, 1961
F No. 187/3/2020-ITA-1 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** North Block,...
Month: March 2023
CBDT notifies IBBI under section 10(46) of Income tax Act 1961
Notification No. 09/2023- Income Tax Dated: 01st March, 2023 under section clause 46 of section 10 of Income tax Act...
CBDT amends Income tax Notification No. 61/2022 dated 10th June, 2022
Notification under sub sections (1), (2) and (5) of section 120 of the Income tax Act, 1961 (43 of 1961)...
Amendments Regarding Charitable & Religious Trusts in Finance Bill 2023
As we are aware that many major changes have been done in relation to Charitable or Religious Trust (CRT) vide...
Major amendments in Budget 2023 relating to Capital Gains
There are 3 major amendments in Capital Gains in this budget 2023 w.r.t. followings: Residential House Property (RHP) Gold Market...
Composition scheme under GST
What is a GST composition scheme? The GST composition plan is a method of tax payment available to small businesses....
Applicability of RBI Scale based Regulations to NBFCs
For NBFCs, RBI Scale based Regulations have taken effect since 01st October 2022. Well there are some ambiguity per se...
GST rates on Jaggery, Khandsari Sugar Rab & Pencil sharpeners
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 03/2023-Central Tax (Rate) New Delhi, dated the 28th February,...
CBIC exempts CGST on Rab, other than pre-packaged and labelled
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 04/2023-Union Territory Tax (Rate) New Delhi, dated the 28th...
Amendment in Section 12A or 10(23C) Registered Organizations & FCRA Provisions
SUB-GRANTING UNDER INCOME TAX ACT Major changes have been brought in under the Finance Budget 2023 through insertion of clause...