1. The due date of furnishing of Return of Income in Form ITR-7 for the AY 2023-24 is 30 Nov. 2023 in the case of assessees referred to in clause (a) of Explanation 2 to section 139(1).
2. Bogus Purchase: ITAT Mumbai restricts profit element of purchases at 4%. Case Name : JMD Corporation of India Ltd. Vs ITO (ITAT Mumbai)
3. Period of limitation in filing appeal stood extended pursuant to 52nd GST Council Meeting. Case Name : Modern Steel Vs Additional Commissioner And Another (Allahabad High Court)
4. SUPREME COURT OF INDIA Discharged Accused u/s 227 CRPC. Set aside the order of the High Court rejecting discharge application. CRIMINAL APPEAL No.3618 OF 2023 VISHNU KUMAR SHUKLA & ANR. The primary consideration at the stage of framing of charge is the test of existence of a prima-facie case, and at this stage, the probative value of materials on record need not be gone into.
5. The Russian central bank said that it would resume interventions in the domestic foreign exchange market from January, but with an adjusted formula that analysts said would likely support the rouble.
By CA Raj Chawla
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