An interesting Issue in GST: Availability of Input Tax Credit (ITC) on capital goods and input services if used for supply of both taxable and exempted goods
Bogus LTCG from PennyStock after selling shares with profit of around 491% – Forget documentation andSee the observation of Delhi HC
Service availed by hospital towards maintenance of equipments – Is it a technical service liable for TDS U/s 194J?
Addition on account of undisclosed stock/ production is not justified where no physical discrepancy was found/detected by the survey team and excess value of stock was merely because of difference in valuation of closing stock.
Registration under section 12AA if Separate books of account not maintained for medical shop by assessee run by hospital
Applicability of GST on services related to Cutting and selling of tree after converting it into timber
Rate of GST on supply of desktops consisting of CPU, monitor, Keyboard and mouse, combination of input/output unit
Writ against CA rejected as petitioner-Co. was carrying on activity of filing complaints against CAs as organised activity
Assessee would be entitled to claim deduction under section 36(1)(iii) with respect to provision for interest liability, which was accrued but not provided for.
No additions if AO failed to show nexus between documents seized during search of third person and assessee
No hearing opportunity required if corrigendum issued to levy penalty under different sec. had no major impact.
