Redevelopment Agreement with the Builder: Taxation on receipt of Bigger size flat in lieu of old Flat
GST Appellate tribunals may see the light of the day – GoM ready with its report on GST appellate tribunals.
CAG flags large scale round tripping in gems and jewellery and asks for a detailed investigation by tax authorities:
Depreciation can be claimed on assets not in use, once they are a part of block of assets: ITAT Kolkata
CBIC issued guidelines for arrest and bail in relation to offences punishable under CGST Act and for issuance of summons u/s 70 of CGST Act.
Damage Control Exercise post judgment imposing fine of Rs. 50 Lakh: Review of all cases of violation of Principle of Natural Justice to be carried out