Income TaxTDSAndhra Pradesh HC quashes prosecution proceedings U/S 276B where there is a reasonable cause for delay in TDS payment:29 Jun at 1:59 am0Andhra Pradesh HC quashes prosecution proceedings U/S 276B where there is a reasonable cause for delay in TDS payment: …
GSTNo Penalty if ineligible ITC was availed and not utilised28 Jun at 2:58 am0No Penalty if ineligible ITC was availed and not utilised The Issue : Greenstar Fertilizers Ltd. faced a dispute…
GSTGST Order unsustainable when demand under adjudication order exceeds the amount Specified in show cause notice28 Jun at 2:35 am0GST Order unsustainable when demand under adjudication order exceeds the amount Specified in show cause notice Issue Raised: The…
GSTUnderstanding the New GST Amnesty Scheme: Let’s Discuss Waiver of interest and penalty28 Jun at 2:18 am0Understanding the New GST Amnesty Scheme: Let’s Discuss Waiver of interest and penalty 𝐴𝑡𝑡𝑒𝑛𝑡𝑖𝑜𝑛 𝐺𝑆𝑇 Payers The 53rd GST…
GSTCA Certificate not required to claim refund of unutilized ITC: Delhi HC28 Jun at 1:54 am0CA Certificate not required to claim refund of unutilized ITC: Delhi HC Svera Agro Ltd. filed for a refund…
GSTAn Overview of 16 circulars issued at one stroke under GST27 Jun at 7:27 am0An Overview of 16 circulars issued at one stroke under GST Here is a short Overview of 16 Circulars issued…
Income TaxHindu female must have both possession and acquisition to establish full ownership of undivided joint family property: SC26 Jun at 5:19 am0Hindu female must have both possession and acquisition to establish full ownership of undivided joint family property: SC Mukatlal…
GSTIncorrectly claimed ITC but no fraud proved, token penalty levied by High Court26 Jun at 4:05 am0Incorrectly claimed ITC but no fraud proved, token penalty levied by High Court The Hon’ble Madras HC in the…
GSTKey highlights from the 53rd GST Council Meeting26 Jun at 3:38 am0Key highlights from the 53rd GST Council Meeting 1. Time limit for ITC availment under Section 16(4) to be…
GSTGST Council – Conditional Waiver of Interest and Penalty for FY 2017-18 to 2019-2026 Jun at 2:53 am0GST Council – Conditional Waiver of Interest and Penalty for FY 2017-18 to 2019-20 The GST council’s recommendation states…
Income TaxPayments made to retiring partners is diversion of income by overriding title and is not an income of the assessee firm.26 Jun at 2:43 am0Payments made to retiring partners is diversion of income by overriding title and is not an income of the assessee…
GSTIncome TaxTDSCompliance Calendar July 202426 Jun at 2:23 am0Compliance Calendar July 2024 The Copy Of the Order is as Under compliance calendar july 2024
Income TaxRate of Surcharge for Individual Taxpayer with different Income Sources26 Jun at 2:04 am0Rate of Surcharge for Individual Taxpayer with different Income Sources As per Finance Act, rate of surcharge is calculated…
GSTChanges in GST Rates of Goods25 Jun at 6:20 am0Changes in GST Rates of Goods 1. Aircraft MRO Imports: A uniform 5% IGST will apply to all parts,…
Income TaxBombay High Court: Capital Gain Tax Not Payable On Transfer Of Shares By Way Of Gift.25 Jun at 3:25 am0Bombay High Court: Capital Gain Tax Not Payable On Transfer Of Shares By Way Of Gift. IN THE HIGH…
Income TaxWhere there is sufficient information available with the AO, Sec 148 notice cannot be quashed: Rajasthan HC25 Jun at 2:49 am0Where there is sufficient information available with the AO, Sec 148 notice cannot be quashed: Rajasthan HC Chaturbhuj Gattani…
Income TaxWhere there is sufficient information available with the AO, Sec 148 notice cannot be quashed: Rajasthan HC25 Jun at 1:34 am0Where there is sufficient information available with the AO, Sec 148 notice cannot be quashed: Rajasthan HC Chaturbhuj Gattani…
Income TaxDeeming Provisions Of Section 50C Can’t Be Applied For Leasehold Rights: Delhi ITAT24 Jun at 9:47 am0Deeming Provisions Of Section 50C Can’t Be Applied For Leasehold Rights: Delhi ITAT Shivdeep Tyagi Appeal No: ITA No. 484/Del/2024…