ITC is allowed on rooftop solar system affixed on building roof as it qualifies as plant and machinery

ITC claim can’t be denied solely on the ground that such claim is not reflected in GSTR-3B

TRC is the valid document for determining treaty benefits: ITAT M/s Sarva Capital LLC (ITA No.2073/Del/2023)

CIT while exercising power U/S. 263 must record a specific finding that it is a case of no enquiry: Calcutta HC

GST Rate & HSN Code for Coal, Petroleum & other fossil fuels

How to claim TDS refunds if it is not shown in the ITR filed

GST Portal to share data with RBI’s frictionless credit platform

HC holds GST Compensation Cess is not exempt on import of goods by SEZ

GST: Failure to generate e-way bill on time without having any poyential financial implications is a mere technical errors & should not be a ground for imposition of penalties

Provisions of Section 56(2)(vii)(C) of the Income-tax Act are not applicable in case of allotment of shares, it is only applicable in case of transfer of shares

Interest on loan taken to invest in a subsidiary is allowable as a deduction: Bombay HC

No GST exemption available on providing practical training to nursing students and psychologists: Karnataka AAR

CBDT amends ITR-2 ITR-3 & ITR-5 forms – Additional disclosures regarding section 80DD 80 U & 54D have been prescribed

100 % Penalty cannot be imposed if Show Cause Notice is issued under section 73

GST : Where impugned order under section 73 was passed without taking into account reply filed by petitioner, order being cryptic was to be set aside

Bonafide error in filing return – No loss of revenue – Technicalities should not come in the way for allowing rectification: Mum HC

GST : Where impugned order under section 73 was passed without taking into account reply filed by petitioner, order being cryptic was to be set aside

ISD Registration Mandatory for Multi-location Taxpayers ?