When law doesn’t Meet Logic: Reversal of GST Input Tax Credit (ITC) if payment is not done to the seller within 180 days

CBDT issued Clarification regarding Privisional Registration in Form No 10AC issued till 3rd June 2022

TDS Not Getting Reflected in Form No. 26AS: Soft Draft Letter to the Deductor

If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on that account, the additions in respect of other items cannot be made.

Applicability of Clubbing Provision on amount received without Will

FACELESS ASSESSMENT IN GST: FACELESS AUDIT MECHANISM IN ANDHRA PRADESH.

Responsibility of a branch manager of a bank when he is served with an order u/s 132(3) of the Income Tax Act restraining operation in the bank account and locker by the Income-tax department.

Negotiated land acquisition for Bullet Train project retains character of compulsory acquisition: Bom HC

Transfer of GST ITC to units located in other States under the garb of “facilitation service” or “support service” without actual provision of services or ISD registration of is liable to to be recovered.

ROLE OF RESOLUTION PROFESSIONALS /LIQUIDATORS IN RESPECT OF AVOIDANCE TRANSACTIONS

Payment by agents and not directly by the Assessee: Whether disallowance u/s 40A(3) attracted?

TDS on perquisites arising in business or profession vs. Foregin Tour Expenses,Discount, Incentives

GST exemption is provided by the nature of the property and its usage and not by the status of the recipient.

know when to say to Cash Transactions

NCLAT appealed to the Govt. & IBBI to examine the need to change the legislative scheme on payment to Operational-Creditors.

Delay in Delivery after Expiry of E-Way Bill will not be presumed as GST Evasion*

Instructions regarding the identification and prevention of bill traders in the newly applied cases for registrations under Tamil Nadu GST

Modification in the Notification of Compliance Check functionality by CBDT