“GSTR-3B can be rectified” – Landmark Judgement by Delhi High Court – Correction Mechanism is criitical for successful implementation of GST observed by HC
Landmark Judgment : Transitional ITC will be covered by limitation Act. A time limit of 3 years will apply and not 90 days.All the taxpayers whose Transitional credit was pending, can take it by 30th June now
Now, Get Ready to file NIL return by SMS through registered mobile no. in case of registered person being Company
Power of revision cannot be exercised solely because of a difference of opinion between the AO and CIT
Whether disallowance of interest expenses u/s 14A read with 8D(2)(ii) can be made if own interest free funds are higher than investments?
Tax Administration Authorities cannot give their own interpretation to legislative provisions on the basis of their own perception of trade practices: Supreme Court
FAQ on applicability of TDS on interest payment by Large Credit co-operative societies: CA Naresh Jakhotia