ITC of FY 2017-18 can be availed now!!
ITC of FY 2017-18 can be availed now!! “Input Tax” in relation to a taxable person, means the Goods and…
Month: August 2019
Step by Step Guide on Sabka Vishwas -(Legacy Dispute Resolution Scheme-2019.
Step by Step Guide on Sabka Vishwas – (Legacy Dispute Resolution Scheme-2019.) Step by Step Guide on Sabka Vishwas -(Legacy…
Interesting Ruling : Salwar / Churidhar sets, comprising of three pieces of cloths is to be classified as “Fabrics” or “articles of apparel and made up”?
Interesting Ruling : Salwar / Churidhar sets, comprising of three pieces of cloths is to be classified as “Fabrics” or…
HC through an interim order allowed assessee to manually rectify Form GSTR-3B
HC through an interim order allowed assessee to manually rectify Form GSTR-3B Panduranga Stone Crushers v. Union of India –…
Chemical fertilizer ‘Single super phosphate’ exported out of India is taxable @ 18% GST
Chemical fertilizer ‘Single super phosphate’ exported out of India is taxable @ 18% GST Sai Fertilizers (P.) Ltd., In re…
Validity of assessment under section 153C if there is Non-recording of satisfaction by AO of searched person
Validity of assessment under section 153C if there is Non-recording of satisfaction by AO of searched person Short Overview: As…
It is obligatory on AO|s part to consider such ‘Notes’ while determining the book profit under section 115JB.
It is obligatory on AO|s part to consider such ‘Notes’ while determining the book profit under section 115JB. Short Overview:…
Increased limitation period of seven years under section 201(3), as amended by Finance (No. 2) Act, 2014, with effect from 1-10-2014, would not apply retrospectively
Increased limitation period of seven years under section 201(3), as amended by Finance (No. 2) Act, 2014, with effect from…
Validity of Penalty under section 271AAA if amount surrendered is not treated as undisclosed income
Validity of Penalty under section 271AAA if amount surrendered is not treated as undisclosed income Short Overview: As AO accepted…
No penalty if assessee was in bona fide belief that purchase of new property was within time limit
No penalty if assessee was in bona fide belief that purchase of new property was within time limit ITO v.…
Income from let out of ‘premises only’ is taxable under the head ‘Income from House Property’
Income from let out of ‘premises only’ is taxable under the head ‘Income from House Property’ Short Overview: In the…
2nd Date Extension for ITR Return filing : Fake message in circulation
2nd Date Extension for ITR Return due date: Fake message in circulation. There is no official notification as of now.…
Validity of Penalty under section 271AAB—Leviability if no specific charge mentioned in notice initiating penalty proceedings
Validity of Penalty under section 271AAB—Leviability if no specific charge mentioned in notice initiating penalty proceedings Short Overview: Where notice…
Classification of goods & rate of tax on Supply of printed packaging materials
Classification of goods & rate of tax on Supply of printed packaging materials 2019 TaxPub(GST) 0597 (AAR-Maha) IN THE…
Now, AP HC permits rectification of 3B filed !
Now, AP HC permits rectification of 3B filed ! Now, AP HC permits rectification of 3B filed !
Another Judgment : Holding period for computation of capital gain need to be considered from the date of allotment
Another Judgment : Holding period for computation of capital gain need to be considered from the date of allotment Short…
Review Petition in AP High Court on Gross Liability
Review Petition in AP High Court on Gross Liability – Mega Engineering Co Ltd Review Petition in AP High Court…
Important Clarification on “Sabka Vishwas Legacy Dispute Scheme”
Important & critical issues clarified by New circular on “Sabka Vishwas Legacy Dispute Scheme” by the GST Department. Sabka Vishwas…
