Invoicing Under GST: An Overview

Date of possession to be considered as date of purchase of property for claiming exemption u/s 54

Appellate Authority dismisses appeal due to payment of pre-deposit in Electronic Credit Ledger rather than Electronic Cash Ledger.

COMPLIANCE CALENDAR FOR JUNE, 2024

Liquidated damages received for delay in supply of assets are capital receipts: ITAT Kolkata

Sec 54 deduction is available when new residential property is purchased in spouse’s name: ITAT Mumbai

Don’t forget to file statement of financial Transaction (SFT) by 31st May

Bombay High Court allowed the supplier to correct the GSTIN of the buyer in its GSTR-1 for FY 2018-19 so that buyer can avail ITC.

Manner of Service of Notice discussed by P & H High Court

How maintaining proper records saved a taxpayer’s right to avail ITC even when the supplier defaulted in payment of taxes and filing returns

Incorrect reporting in Clause No. 21 of CARO: ICAI’s disciplinary committee ordered a penalty of Rs.100,000/- on member

GST Judiciary Issue Cannot Be Reopened if Previously Decided

Income tax return vis a vis Tax Regime from AY 2024-25 Onwards: Points to Remember

Whether legal representative is under an obligation to intimate about the death of the taxpayer to the IT Department?

Notice U/s 148 has to be issued through automated allocation. If issued by JAO, it is invalid

New Functionality for checking Feedback Status on the Annual Information Statement (AIS)

A welcome Move: Tamil Nadu GST Department instructed officers to follow SOP for new GST Registration & send the Welcome letter on New Registration

In Faceless assessment scheme, High Court can assume jurisdiction based on the place of residence of the assessee mentioned in the PAN details