ITR filing for Assessment Year 2022-23 enabled on e-filing portal

In the Budget 2023, Finance Minister Nirmala Sitharaman announced a 30 per cent tax on the “net winnings” from online games. Clarifying the taxation policy further, she announced the removal of the minimum threshold limit of Rs 10,000 for calculating the tax deducted at source (TDS). The 30 per cent tax will have to be paid at the […]

In case of hotels , doubts arises in regard to taxability under GST law of aerated waters / soft beverages , cigarettes , alcoholic liquor served in restaurant or rooms to residents / non residents of Hotel. In this regard, the ruling of Tamil Nadu Authority of Advance Ruling (AAR) in the case of MFAR […]

The Delhi High Court in its recent ruling in the case of M/s Proex Fashion Pvt. Ltd while quashing the attachment order of Bank Account issued by a GST Authority (Revenue) has held that power to attach the bank account must be exercised only in strict compliance with the statutory power, and cannot be extended […]