DGGI Siliguri Zonal Unit has detected and recovered an amount of Rs. 288.49 crores by way of reversal of inadmissible ITC in supply of goods which are exempt from GST.
Reversal of ITC in cases of loss by consumption of input which is inherent to manufacturing loss is misconceived: Madras HC
Capital Gain Tax on Joint Development Agreement : Only Taxability is postponed and not the date of Transfer
Date after Dates! FM asked Infosys to resolve the issue till 15th September! Taxpayers suggest the restoration of old income tax portal which would not only result in saving of around Rs. 4000 Cr of the Government but also result in better compliance for the taxpayers.
Writ maintanable on the Principles of Natural Justice if sufficient opportunity was not granted to petitioner
Booking flat which yet to be constructed under a housing project is eligible for sec. 54 relief: ITAT
Landmark Judgement: For Capital Gain Exemption, it is not specified in the legislation that the investment is to be in the name of the assessee
Fake invoice racket evading tax of Rs. 32.56 crores of GST & arrest of 4 persons by CGST Agra Commissionerates
Representation of Rationalisation provision for Penalty Provisions U/s 270AA of Income Tax Act, 1961 by KSCAA