No ITC on second hand car business if the dealer has opted for concessional rate in GST
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
- Section 153C Cannot Be Invoked Mechanically: ITAT Jaipur Quashes Proceedings for Lack of Independent Satisfaction
- One House Sold… Two Houses Bought! Will Section 54 Still Save Your Tax?
- Section 68 Cannot Be Invoked Mechanically: Gujarat High Court Says One-to-One Matching of Bank Credits with Sales Is Not Mandatory
- Online Rummy Loss Cannot Be Taxed as Gross Winnings: Hyderabad ITAT Deletes ₹3.54 Crore Addition
- No Form 10B? ITAT Delhi Clarifies: Charitable Trust Cannot Be Taxed on Gross Receipts Alone
- CBDT Tightens Scrutiny of Unexplained Income Additions: Fresh Directions Issued on Sections 68 to 69D and Section 115BBE
- CBDT Mandates Upload of Foreign Assets and Income Data in AIS and Form 26AS Under AEOI
- Assessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)
- Has the Tax Shine Gone Off Sovereign Gold Bonds?
- Even a 2-Day Delay Can Kill a Reassessment: Delhi High Court Draws a Strict Line on Section 148 Timelines
