lower authorities are not justified in making addition of balance outstanding.

Recent Posts

• Key CGST Rules regarding ITC reversal and apportionment – Rule 37, 39, 42 & 43.
• GST & MSME Compliance: A short overview of the Common Mistakes
• Some important issues in Direct Tax Vivad se Vishwas Scheme:
• If the assessee has not disclosed details of a foreign bank account & does not provide other details on requested by AO, the Department is justified in making the Estimate: Delhi HC
• Telangana High Court upholds State wise GST Payments on works contract
• GST & MSME Compliance: A short overview of the Common Mistakes
• Tax Implications of Receiving Property in Exchange for Relinquishing Tenancy Rights
• ITAT Mumbai case on ‘penny stocks’ where there is no evidence of wrongdoing by assessee and all relevant documents are produced:
• CBDT Relieves Diplomatic Missions and UN Agencies from IT Section 194N Tax Provisions:
• Amendment to Circular No. 31/05/2018-GST, dated 9th February, 2018 on ‘Proper officer under sections 73 and 74 of the Central Goods and Services Tax Act, 2017 and under the Integrated Goods and Services Tax Act, 2017’