No ITC on second hand car business if the dealer has opted for concessional rate in GST
0
No ITC on second hand car business if the dealer has opted for concessional rate in GST An important ruling…
2(63) of GST
Recent Posts
- A Short overview of the laws related to ITC under GST
- ITAT directed CIT (E) for giving Permanent Registration as procedural non-compliance with state law doesn’t automatically imply non-genuineness of charitable activity.
- Costlier Watch, Home Theatre, Sunglasses, etc now liable for TCS
- Power under section 245(2) to withhold refunds: An Overview
- Form 10AB with condonation option now available on e-filing portal
- GST not includible in Gross Receipts for Income Computation U/S 44BB: ITAT Mumbai
- Sales recorded in books of account, even if alleged to be in genuine, do not result in income escaping assessment: Delhi HC
- Amount received by illegal occupant is tax free?
- No Addition u/s 153A without incriminating material found during search – Statements of third parties not sufficient: ITAT Delhi
- Tax Payment Postponed, ₹30 Lakh Earned – All Thanks to a Smartly Timed Sale
