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Reopening of Online Empanelment of Members to act as Observers for May/June 2024 Examination upto 27th April 2024 at 11.59 PM
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
[Set up by an Act of Parliament]
13-CA (Exams)/Observer Empanel /May/June - 2024
IMPORTANT ANNOUNCEMENT
25th April 2024
&nbs... ITR Filing: 6 Ways to Get Exemption on Income Tax
As the income tax department now allows online ITR filing for the assessment year 2024-25, taxpayers must be aware of deductions they can get on their income tax. The last date for filing income tax returns (ITRs) for FY 2023-24 (AY 2024-25) is July 31, 2024. Starting FY 2023-24, the new tax regime has become the default tax regime that allow... New vs Old Tax Regime: How is one taxed under the New Regime and how to make a switch between the two regimes?
Question: Salaried taxpayers are generally required to inform their employers about their choice of tax regime at the beginning of a financial year. In case any employee has failed to specify their choice of the tax regime, can the concessional/ new tax regime would be applicable as a default tax regime? Kindly guide us on the tax considerations un... 20 LPA Opening Manager/Sr. Manager-Planning & Strategy
Experience: 2 - 6 yearsSalary: 16-20 Lacs P.A.Role: Analyst - Financial Planning & AnalysisIndustry Type: Telecom / ISPDepartment: Finance & AccountingEmployment Type: Full Time, PermanentRole Category: FinanceEducationPG: CA in Any SpecializationTo Applied the Job please follow this link:https://www.naukri.com/job-listings-manager-sr-manag... Seminar on Accounting Standards for Non-company entities with regard to Tax Audit & Audit Trail FAQs
Seminar on Accounting Standards for Non-company entities with regard to Tax Audit & Audit Trail FAQs (ACCOUNTING AND AUDITING)
Event ID:
10832807
Date:
From: 30-04-2024 – To: 30-04-2024
POU Name:
Navjivan CPE Study Circle of Ahmedabad Branch of WIRC of ICAI
ICE ID:
832807 For details about... Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?
The new tax regime was introduced by the Finance Minister in the Union Budget 2020. This regime, also known as the simplified tax regime, offers lower tax rates with fewer deductions and exemptions, compared to the old tax regime. The income tax provisions allow an individual to choose either of the two regimes. The choice can be made every year ex... Net direct tax collections exceed 2023-24 target
India’s net direct tax collections grew 17.7% in 2023-24 to hit ₹19.58 lakh crore, marginally surpassing the revised estimates for the year, thanks to a surge in personal income taxes whose share of the tax kitty rose to 53.3% from 50.06% in the previous year while corporate taxes’ contribution dipped to 46.5% from 49.6%... Cut-off date for enrollment in Foundation /Intermediate Course for appearing in September 2024/ January, 2025 Examinations.
Board of StudiesThe Institute of Chartered Accountants of India24th April, 2024
Announcement
Re: Cut-off date for enrollment in Foundation /Intermediate Course for appearing in September 2024/ January, 2025 Examinations.The Institute has decided that from May/June 2024 onwards, Intermediate & Foundation course Examinations will be held t... Central Govt Extended Time Limit to File Refund Claim of Service Tax on Exported Goods: CESTAT allows Refund
In a recent case, the Kolkata bench of the Customs, Excise And Service Tax Appellate Tribunal ( CESTAT ) held the assessee eligible for the refund of Service Tax which was rejected on the ground of limitation. The government extended the time limit to file refund claims of service tax on exported goods. It was viewed that the beneficial notificatio... Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
The Delhi High Court directed the assesee’s bank, Canara Bank to comply with the instruction to vacate while executing the order for attachment on cash credit of the assessee under the Goods and Service Tax ( GST ) Act, 2017. Mr. R.P. Singh and Mr. Mulayam Singh appeared for the petitioner. Mr. Anurag Ojha Mr. Subham Kumar and Mr. Arun ... 30 LPA Opening General Manager - Marketing
Experience: 16 - 23 yearsSalary: 18-30 Lacs P.A.Role: Head - MarketingIndustry Type: Iron & SteelDepartment: Marketing & CommunicationEmployment Type: Full Time, PermanentRole Category: MarketingEducationUG: B.Tech/B.E. in MechanicalPG: ICWA (CMA) in Any Specialization, MBA/PGDM in Marketing, CA in Any SpecializationTo Applied the Job pleas... Should You File ITR 4 Sugam? Check Eligibility For FY 2023-24 Income Tax Return
Income Tax Return Form Filing: Income taxpayers are now able to initiate the filing process for their Income Tax Returns (ITR) for the financial year 2023-24 (or assessment year 2024-25), as the Income Tax Department has activated online filing options for ITR-1, ITR-2, and ITR-4. These forms cater to individuals, professionals, and small busi... Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25
Income Tax Return Filing: Filing your ITR can seem complex, but by avoiding some common mistakes you can make the process smoother and ensure you get any refunds you’re due. Avoiding mistakes is crucial to ensure accuracy and prevent any potential issues with the income tax department.
Why ITR Filing Is Important?
Filing your ITR is cr... Seminar on Audit Trail, Critical issues in sec 43B(h) & PMLA
Seminar on Audit Trail, Critical issues in sec 43B(h) & PMLA (ACCOUNTING AND AUDITING)
Event ID:
10820695
Date:
From: 27-04-2024 – To: 27-04-2024
POU Name:
East Delhi CA CPE Study Circle of NIRC of ICAI
ICE ID:
820695 For details about ICAI-ICE ,Click here(FAQ)
Event Venue:
CRYSTAL BANQUET(Near PSK... Seminar on Key Changes / Amendments relevant for filing ITRs of AY 2024-25
Seminar on Key Changes / Amendments relevant for filing ITRs of AY 2024-25 (DIRECT TAXES)
Event ID:
10814013
Date:
From: 27-04-2024 – To: 27-04-2024
POU Name:
Mulund CA CPE Study Circle of WIRC of ICAI
ICE ID:
814013 For details about ICAI-ICE ,Click here(FAQ)
Event Venue:
Maharashtra Seva Sangh, Pandi... 55 LPA Opening India Finance Controller
Experience: 9 - 14 yearsSalary: 45-55 Lacs P.A.Role: Financial ControllerIndustry Type: IT Services & ConsultingDepartment: Finance & AccountingEmployment Type: Full Time, PermanentRole Category: FinanceEducationUG: Any GraduatePG: CA in Any SpecializationTo Applied the Job please follow this link:https://www.naukri.com/job-listings-india-f... 1 Cr LPA Opening Chief Financial Officer (CFO)
Experience: 15 - 24 yearsSalary: 80 Lacs-1 Cr P.A.Role: Chief Financial Officer (CFO)Industry Type: Beverage (Brewery / Distillery)Department: Finance & AccountingEmployment Type: Full Time, PermanentRole Category: FinanceEducationPG: CA in Any SpecializationTo Applied the Job please follow this link:https://www.naukri.com/job-listings-chief-fi... Seminar on Audit Trail, Critical issues in sec 43B(h) & PMLA
Seminar on Audit Trail, Critical issues in sec 43B(h) & PMLA (ACCOUNTING AND AUDITING)
Event ID:
10820695
Date:
From: 27-04-2024 – To: 27-04-2024
POU Name:
East Delhi CA CPE Study Circle of NIRC of ICAI
ICE ID:
820695 For details about ICAI-ICE ,Click here(FAQ)
Event Venue:
CRYSTAL BANQUET(Near PSK... Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?
Income Tax Calculator Online Old vs New: Filing income taxes can feel lengthy and exhausting, particularly for first-timers. Plus, the decision between the old and new regimes can add complexity. What’s the solution? Well, to streamline the tax filing process, the income tax department offers an online tax calculator.
The Income Tax dep... Filing Income Tax Return Early? Make Sure To File Correct Details
The Income Tax Department has released different Income Tax Return (ITR) forms, which taxpayers can use for FY23-24. This year it has been released at the beginning of the tax season itself. Taxpayers and chartered accountants can view the requirements of ITR forms and prepare the details. Many people have to file their income tax return earl... New tax regime vs old tax regime: What's point at which tax outgo is the same in both regimes? Check salary and deduction levels
New Income Tax Regime Vs Old Income Tax Regime 2024-25: Selecting the most tax-efficient income tax regime, either the old or new, can be a challenging decision for many salaried taxpayers. April is the first month of the new financial year, and employers would have asked salaried individuals to share their choice of preferred income tax regime for... Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court
The Delhi High Court has held that income tax additions made towards unsubstantiated share capital are eligible for deduction under Section 80-IC of the Income Tax Act.
The bench of Justice Yashwant Varma and Justice Purushaindra Kumar Kaurav has refused to grant the reliefs as sought by the respondents-Department to ... Inordinate delay in income tax appeal hearings
Justice delayed is justice denied – this is a maxim stated by William Gladstone, the former prime minister of the UK in the 19th century, and often repeated by eminent jurists over the years. Unfortunately, income taxpayers in India have become a victim of such denial of justice, due to the inordinate delay in deciding their appeals by the ... Income Tax leviable on Tuition Fee in the Year of Rendering of Services: ITAT
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax is leviable on the amount of tuition fee in the year when the corresponding services are made. A division bench of the ITAT comprising f K. Narasimha Chary (Judicial Member) and Rama Kanta Panda (Accountant Member), observed that though…... Supreme Court invoked its power under Article 142 of Constitution to validate notices issued under section 148 as notices issued under section 148A. However the same shall be subject to amended provisions of section 149.
IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO(s). ____________OF 2022
(ARISING OUT OF SPECIAL LEAVE TO APPEAL (C) NO. 22921/2019)
DEPUTY COMMISSIONER OF INCOME TAX
(CENTRAL) CIRCLE 1(2) ...APPELLANT (S
VERSUS
M/S. M. R. SHAH LOGISTICS PVT. LTD. ...RESPONDENT(S)
JUDGMENT
S. RAVINDRA BHAT, J.... |
