GST: Failure to generate e-way bill on time without having any poyential financial implications is a mere technical errors & should not be a ground for imposition of penalties

Provisions of Section 56(2)(vii)(C) of the Income-tax Act are not applicable in case of allotment of shares, it is only applicable in case of transfer of shares

Interest on loan taken to invest in a subsidiary is allowable as a deduction: Bombay HC

No GST exemption available on providing practical training to nursing students and psychologists: Karnataka AAR

CBDT amends ITR-2 ITR-3 & ITR-5 forms – Additional disclosures regarding section 80DD 80 U & 54D have been prescribed

100 % Penalty cannot be imposed if Show Cause Notice is issued under section 73

GST : Where impugned order under section 73 was passed without taking into account reply filed by petitioner, order being cryptic was to be set aside

Bonafide error in filing return – No loss of revenue – Technicalities should not come in the way for allowing rectification: Mum HC

GST : Where impugned order under section 73 was passed without taking into account reply filed by petitioner, order being cryptic was to be set aside

ISD Registration Mandatory for Multi-location Taxpayers ?

Financial Intelligence Unit- India: An overview

Settlement of mutual debts through book adjustment is a valid mode of payment under the GST Act

Recipient cannot be held liable for circulating bogus invoices by the Supplier.

GST on International Flight Tickets

DRC 03 made in Protest by Taxpayer to be treated as Appeal Pre-Depsoit by Revenue: Bombay HC

ITAT Chennai dismisses appeal for late filing beyond 8 years:

Check Income tax portal now: Pending tax demand of up to RS 1 lakh per individual waived by govt

GST: Free supply of fuel by recipient has to be considered for taxable value on GTA service.