IT JudgementSupreme Court has stayed a Gujarat HC order, which held that GSTR 3B is not a return17 Dec 20190Supreme Court has stayed a Gujarat HC order, which held that GSTR 3B is not a return The Supreme Court…
IT JudgementCarry forward and set-off of Unabsorbed depreciation & Effect of Circular No. 14 of 2001 with amendment by the Finance Act, 200116 Dec 20190Carry forward and set-off of Unabsorbed depreciation & Effect of Circular No. 14 of 2001 with amendment by the Finance…
IT JudgementApplicability of Tax deduction at source u/s 195 on Commission paid to foreign agents for procuring export orders16 Dec 20190Applicability of Tax deduction at source u/s 195 on Commission paid to foreign agents for procuring export orders short overview…
IT JudgementExpenditure incurred towards installation of software where no enduring benefit is conferred is a Capital or revenue expenditure?16 Dec 20190Expenditure incurred towards installation of software where no enduring benefit is conferred is a Capital or revenue expenditure? short overview…
Income TaxIDS tax payment date extended till 31/01/202016 Dec 20190IDS tax payment date extended till 31/01/2020 Govt. notifies that persons who have made declaration under the Income Declaration Scheme,…
Income TaxTemporary Diversion of 7 posts of Pr. Commissioner/Pr.ADG and Commissioner/ADG of CBIC for drawal of pay and allowances16 Dec 20190Temporary Diversion of 7 posts of Pr. Commissioner/Pr.ADG and Commissioner/ADG of CBIC for drawal of pay and allowances order12adminwing_1612
IT JudgementLandmark Judgment : Section 54 exemption is available if assessee purchases multiple residential units in same building16 Dec 20190Landmark Judgment : Section 54 exemption is available if assessee purchases multiple residential units in same building Smt. Minal Nayan…
Income TaxSpecial Taxation provision for Joint Development Agreement [JDA]16 Dec 20190Special Taxation provision for Joint Development Agreement [JDA] Timing of taxation is one of the most crucial & controversial issues…
IT JudgementWhether purchases corresponding to the excess stock found during Survey would be allowed as deduction ?14 Dec 20190Whether purchases corresponding to the excess stock found during Survey would be allowed as deduction ? short overview : When the…
IT JudgementReassessment & Issuance of notice in the name of deceased assessee14 Dec 20190Reassessment & Issuance of notice in the name of deceased assessee short overview : Notice under section 148 being a jurisdictional…
IT JudgementGST: Debarked Eucalyptus Wood-Whether classifiable under heading 4401 or 440314 Dec 20190GST: Debarked Eucalyptus Wood-Whether classifiable under heading 4401 or 4403 2019 TaxPub(GST) 1153 (AAR-Karn) IN THE AUTHORITY FOR ADVANCE RULING,…
IT JudgementLandmark Judgment : Development fee received by educational trust could not be classified as capital in nature and is of the character of other fee charged by assessee on account of tuition fee, term fee, etc.14 Dec 20190Landmark Judgment : Development fee received by educational trust could not be classified as capital in nature and is of…
IT JudgementGST: EPC contract of Solar Power Generating System is a Composite supply or not?14 Dec 20191 CommentGST: EPC contract of Solar Power Generating System is a Composite supply or not? 2019 TaxPub(GST) 1149 (AAR-Karn) IN THE…
IT JudgementCredit Allowed on Construction of Immovable Property- Orissa High Court14 Dec 20190Credit Allowed on Construction of Immovable Property- Orissa High Court M/S. SAFARI RETREATS PRIVATE LIMITED AND ANOTHER Vs CHIEF COMMISSIONER…
IT JudgementWhether there was deemed sale in view of transfer of right to use the vessel as provided in Article 366(29A)(d) read with section 5C or section 2(j)14 Dec 20190Whether there was deemed sale in view of transfer of right to use the vessel as provided in Article 366(29A)(d) read with section 5C or section…
Income TaxThe Central Board of Indirect Taxes and Customs (CBIC ) Notifications regarding the provisions to implement GST E- Invoice Sytem and QR code14 Dec 20190The Central Board of Indirect Taxes and Customs (CBIC ) Notifications regarding the provisions to implement GST E- Invoice Sytem and…
Income TaxAmount received by assessee for relinquishing secretary ship of educational society cannot be treated as a capital receipt.13 Dec 20190Amount received by assessee for relinquishing secretary ship of educational society cannot be treated as a capital receipt. IN THE SUPREME COURT…
Income TaxPromotion and Transfer order of Pr. Commissioner of Income Tax13 Dec 20190Promotion and Transfer order of Pr. Commissioner of Income Tax Order No. 253