Ajani Khant & Associates

05/08/2025

16/04/2024

TDS Rate chart for companies and LLP

08/03/2024

CBDT revises Form No. 3CD,

Key amendments –

Clause 8A to include reference to section 115BAE;

Clause 12 to include reference to section 44ADA;

Clause 18 to require adjustment to the WDV under the different provisos to section 115BAA/115BAC/115BAD for specified assessment years;

Clause 19 to include reference to section 35ABA and any other relevant section;

Clause 21 to include reference to expenditures for any purpose which is an offence or which is prohibited by law or expenditure to compound an offence etc.;

Clause 26 to include reporting requirement in respect of compliance u/s 43B(h) relating to amount payable to micro and small enterprises;

Clause 32(a) to include reference to losses/allowances not allowed under section 115BAE and amount adjusted by way of withdrawal of additional depreciation on account of opting for taxation under section 115BAE.

29/12/2023

Taxation of Co-operative Societies

27/12/2023

Income Tax Rates and Surcharge Rates for Companies.

21/12/2023

Comparison of Tax Rates for FY 22-23 v/s FY 23-24
(For Individuals and HUF)

19/12/2023

Judgement by Honorable Delhi High Court dated 05/12/23
(INDIAN OIL CORPORATION LIMITED
Versus
COMMISSIONER OF CENTRAL GOODS AND SERVICES TAX & ORS.)

Manufacturing businesses are eligible for refund of ITC on Inputs under inverted duty structure because even though the input supply and output supply is the same, the rate chargeable on input and output are different.

It means even if the GST rate on principal input and principal output are same but if ITC accumulated due to other inputs which are used during the manufacturing process then such accumulated ITC is eligible for refund under inverted duty structure.

16/12/2023

Rate Under

29/11/2023

Notice Received from Income Tax, asking to show cash wishdrawal as Gross income while filling Income Tax Return.

08/11/2023

Mandatory Point for GST Annual return of DY 2022-23