Miscellaneous FAQ’S on UDIN

Income for undisclosed sources & Validity of Addition u/s 69 as Unexplained cash deposit  

Income Tax case- No builder or developer can be penalized for delay attributed to Competent Authorities in issuing completion certificate: HC

Prisons are teeming with persons convicted of heinous crimes, the energy, time and money that the Revenue wastage of time in some minor cases could have been brought to better use in other graver cases.

Domino’s Pizza / Jubilant Food works found guilty of not passing the GST benefit of Rs. 41.43 crores

Even If agreement between the applicant and the buyer is entered after part of the construction is already completed, whole of the consideration would be liable for GST.

ITC NOT AVAILABLE FOR GST PAID FOR HOTEL STAY ON RENT-FREE ACCOMMODATION PROVIDED TO COMPANY DIRECTOR AND MANAGER: AAR MAHARASHTRA

Do your Karma. Don’t focus on fruits of Labour. CAG tells Auditor

Sharp increase in prosecutions of tax evaders by Income Tax Department

Monetary limits for filing of appeal in wealth tax appeals enhanced by CBDT

PENALTIES UNDER INOME TAX ACT, 1961

CONVERSION OF PRIVATE LTD. COMPANY INTO PUBLIC LIMITED

Multiple Flats in same building received under Joint Development Agreement eligible for Sec. 54F deduction

GST- Interest liability U/ Sec. 50 of CGSTA/SGSTA on account of the delayed filing of GSTR-3B returns – Interest liable to be paid both on the cash and the ITC component of the tax paid after the due date prescribed – Recovery of such interest as clearly recoverable arrears- Reg

RCM only on specified dealers and specified Goods/Services

Importance of Place Of Supply of Goods:

Judgement on Constitutional validity of section 10(34) and draconian section 115BBDA

Remuneration paid is allowable as deduction even if ‘quantum’ is not specified in the partnership deed