Reassessment Notice Beyond “Surviving Period” Held Time-Barred: ITAT Chennai in Smt. L.N. Santhi’s Case
Relief Without the 20%: Karnataka HC’s Landmark Ruling on Stay of Demand Offers Practical Breather to Taxpayers
Un-utilized Input Tax Credit (ITC) remaining after payment of all tax, interest, and penalties must be refunded to the taxpayer upon closure of business: Sikkim High Court
Penalty U/s 122 of the CGST Act can be imposed even if no tax is ultimately found due under Section 74?
Receipts from outside India are outside the scope of Section 5(2) and do not fall within the ambit of Section 68 or 69A.
Section 56(2)(x) talks about immoveable property and so Purchase of Rural agricultural land below its stamp duty valuation is taxable