What was the Issue: Issue was in respect of wrongly availed and utilised Input Tax Credit of IGST and Its …
8 New GST Circulars are issued after 50th GST Council meeting. These are very important circulars related to clarification on …
Now that the new shares of HDFC Bank have been listed following its issue to shareholders of parent entity HDFC, …
The last date for filing your Income Tax Returns (ITR) is July 31. A belated return will attract late fees …
Revenue Secretary Sanjay Malhotra has asked income tax payers to file their return at the earliest as the finance ministry …
There are less than two weeks for filing your income tax returns. If somebody is working as a consultant …
Even though 31 July is the last date to file income tax returns, several people have the misconception that filing …
The GST Council’s decision to impose a 28% tax on online gaming has rattled industry bodies, game developers, and online …
![Faceless Assessment [Section 144B] Of Income Tax](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/blog-1-8-768x432.jpg "Faceless Assessment [Section 144B] Of Income Tax")
Faceless assessment means the assessment proceedings conducted electronically in “e- proceeding” facility through assessee’s registered account in the designated portal. …
This is a detailed assessment and is referred to as scrutiny assessment. Scrutiny assessment under Section 143(3) of the Income …
