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Due date of filing of GSTR-3B for the month of November 2019 has been extended to 23rd December 2019

Any mistake said to have been committed by the learned Chartered Accountant in filing VAT Form 240 would not be construed as the mistake apparent from the record to attract Section 69[1] of the Act.

Passing the impugned order under section 143(3) r.w.s. 144C(13) of the Income Tax Act,1961 making huge additions, disallowances and making transfer pricing adjustments

Section 238 of the Insolvency and Bankruptcy Code will have over-riding effect on all other laws

Notification issued on Departmental Examination for promotion of Tax Assistants to the grade of Executive Assistants of Customs and Central Taxes to be held in the month of March 2020.

Rectification application which is beyond the statutory limit of six months as prescribed under Section 102 of CGST Act/MGST Act, 2017 is delayed and barred by limitation is not found tenable

Applicability of rate of GST on the packed food products and Admissibility of input tax credit on the packed food products sold

GST: Allow ability of Input tax credit on detachable Engineered Wood with Oak Wooden Flooring capitalised as furniture and fixture

Restriction on CA for networking like BNI.

Get Ready : Stricter audit norms on the cards for Auditors

Notification No.91/2019 Central Board of Indirect Taxes and Customs (N.T.)

Section 50C does not apply to transfer of land and building, being leasehold property

Deeming fiction of section 50C cannot be considered for purpose of exemption under section 54EC

Allowability of depreciation if car is purchased by firm in the name of one of its partner

Go Live of SAP based Filing of Appeal Applications under MVAT and CST Act Dated 30.11.2019

Waiver of loan does not amount to cessation of trading liability

Rajasthan HC taking serious view against order passed by AO despite its instructions to keep it on hold

Determination of the Tax Liability in filling of GST Return

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This is an online news portal for tax news, updates, articles, judgments, Circulars, Notification and orders with regards to Indian Taxation Laws. ‘Simplifying the TAX & creating awareness about tax laws is the main motto of the Team theTAXTALK.

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