SLP against the constitutional validity of Section 17(5)(d) of the CGST Act, 2017 on shopping mall, hotels, warehousing industry filed before the Hon’ble Supreme Court
Withdrawals of fund from CGAS is better than using own funds for purchase / construction of the house property
Validity of the Duty drawback and IGST/unutilized ITC refund of Exporters withheld by categorizing them as “Risky Exporter” on customs portal, Indian Customs EDI System
Bankers to launch complaint against Auditors in case of Willful Default if falsification of accounts is noticed
Penalty proceedings u/s 271(1)(c) initiated against the Assessee cannot be levied against the Legal Heir
Tax Audit & Payment to the electricity board for electricity in cash exceeding Rs. 10,000 attracts disallowance u/s 40A(3) read with Rule 6DD
Updated Income Tax Return- An option to file or Revise the ITR of earlier year with additional tax payment
MCA Crackdown on Chinese Shell Companies Operating in India: Consultant Mastermind & Chief Plotter arrested by SFIO
Re-assessment proceedings beyond the limitation prescribed under the new law : Notice u/s 148 and order u/s 148A(d) for AY 2018-19 quashed by Delhi High Court
Reopening was set aside by Calcutta High Court as it was done in its entirety without giving any opportunity to reopen the matter on a different issue.
Non filing of Form No. 10B: Benefit of exemption u/s 11 cannot be denied if otherwise assessee is eligible to claim the same – Mumbai ITAT