Supreme Court issued notice for denial of Input Tax Credit (ITC) due to belated filing of GST Returns

New Changes in GSTR-1: An Overview

Deduction U/S 80-IB(10) can be allowed even in the case of belated returns:

“Addition Based on Assumptions Under Section 68 of Income Tax Act Deemed Unsustainable: Case Study”

Record number of Income Tax Returns (ITRs) filed till 31st December, 2023

“Tax Compliance Tracker – January, 2024” 

Capital Gain Exemption on sale of properties & Investment in more than one house property

Payment made for promotion purposes is not royalty: ITAT

Date for reporting open balance for ITC reversal extdd to 31.1.24. Facility to amend declared open balance to be available till 29.2.24

Time limit for issuance of Gst orders extended For FY 18-19 to 30.04.2024 & For FY 19-20 to 31.08.2024

SCN under Section 73 now can be issued till 31.01.2024 for FY 18-19 & till 31.05.2024 for FY 19-20

Adjustment of income tax refund against demand:

Suggestion on Admin Difficulties at Charity Commr Office By BJP professional Cell Mumbai

Whether Case Can be taken up for reassessment on the basis of internal audit objection ?

Whether Nominee under the Companies Act acquired absolute rights over the shares?

Service of Notice through GST Portal to Assessee whose Registration was Cancelled is Invalid: Madras HC

Decision To Cancel GST Registration With Retrospective Effect Must Be Based On Some Objective Criteria: Delhi High Court

Madras High Court allowed ITC for belated filing of GSTR 3B due to financial crunch.