CCATAX

CA / CMA vacancy in Tata Communications

Madras HC quashes all observations and findings on effectiveness of the E-Governance implemented by Income Tax Department

Relief to Wipro: Karnataka High Court allows Additional 3% Interest on delayed Income Tax Refund [Read Order]

GST Portal now accepting Application for Revocation of Cancelled GST Registration

Relief to Bennett Coleman: ITAT deletes ALP adjustment as balances reflected on account of exchange difference for notional conversions can’t be treated as outstanding dues [Read Order]

Deduction not allowable on Depositing Employees contribution towards ESI & PF after due date: ITAT [Read Order]

Karnataka Govt. extends Time Limit for Completion of Assessments, Reassessments or Rectification to avail benefits under Karasamadhana Scheme, 2021

Commission Charges Paid to the Overseas Agents can’t be regarded as if for Technical Services: Madras HC [Read Order]

GST Exempted on Hostel Rent of less than Rs. 1000 per day per Student: AAR [Read Order]

Reassessment in absence of prima facie finding is erroneous: Madras HC [Read Judgment]

EY hiring B.Com graduates

[BREAKING] CBDT again extends due dates for electronic filing of various Income Tax Forms

Madras HC directs Income Tax Dept. to process application under Direct Tax Vivad Se Vishwas Act, 2020 at the earliest communicate it to Assessee

Know Significant Rules on PF, GSTR-1, SEBI changing From Sept 1, 2021

Merely claiming of lessor 100% Depreciation on Asset can’t make the asset as ‘previously used’ to disqualify the asset from claiming Deduction: Madras HC

GST Appellate Authority revokes cancellation of GSTIN as 10% of the Disputed Tax Amount was deposited [Read Order]

CA not barred from giving Business Consultancy for Export: CESTAT directs rebate on Service Tax to Bharat Mines & Minerals [Read Order]

GST Evasion: Bombay HC refuses Anticipatory Bail to person accused of Availing ITC on the basis of Fraudulent Invoices [Read Order]

Brought forward Unabsorbed Depreciation shall be treated as Depreciation of the Current Year u/s 32 of the Income Tax Act: ITAT

CA Association urges Finance Minister to Rationalise Penalty provisions under Section 270AA of Income Tax Act

Assessee entitled for Income Tax Deduction where Separate Books of Account are maintained on Export: Madras HC [Read Judgment]

Outward Freight to be eligible Input for availing CENVAT Credit: CESTAT [Read Order]

Gujarat HC directs Customs Authority to Consider applications for Provisional Release of Goods as Seizure Memo is disputed [Read Order]

CBIC enables Payment of Customs Duty on ECCS Courier Imports through it’s E-Payment Gateway

Advisory on HSN and GSTR-1 Filing

CBDT appoints 3 IRS Officers as its Members

ITAT directs Non-Resident Company to pay 20% of Outstanding Demand of Income Tax, stays 80% of outstanding demand for 180 days [Read Order]

Unabsorbed Depreciation can be Carried Forward beyond 8 Years, reiterates Madras High Court [Read Judgment]

Doctrine of Impossibility – A Tool of Defense in Taxation Matters

Relief to BMW: Telangana HC directs GST Official to Transit Credit into Electronic Credit Ledger in Form GST PMT-2 [Read Order]

No GST payable by Liaison Office of World Economic Forum on Services received from HO: AAR [Read Order]

Relief to Piramal Enterprises: Faceless Assessment without adhering to Section 144B Procedures is invalid, rules Bombay HC [Read Order]

Private Coachings for CA, CS, CMA not an ‘Educational Institution’, liable to pay GST, Affirms AAAR [Read Order]

GST: How to identify if your supplier is Tax Compliant

Reopening of Assessment on Mere accommodation entries provided without any Physical Transportation of Goods is valid: Gujarat High Court [Read Judgment]

Bakery selling Eatables on Take Away basis can’t be treated as Restaurant Services: AAAR [Read Order]

Andhra Pradesh HC refuses to interfere in order provisionally attaching bank Locker in alleged GST Evasion Case [Read Order]

Raksha Bandhan: Relation between seller and buyer under GST

Payment to Federation of Indian Mineral Industries is Deductible Business Expenditure since Business Interest was involved: ITAT [Read Order]

Govt. amends FEMA to enable the increase in FDI Limit in Insurance Sector [Read Notification]

CESTAT allows Service Tax Refund to Astrazeneca India with Interest [Read Order]

Hand Mixers are not liable to have a BIS Compliance: CESTAT quashes Penalty and Confiscation Orders of Customs Dept [Read Order]

No GST payable on Lassi: AAR [Read Order]

Mistakes one should avoid while filing ITR

18% GST payable on Mixed Supply of Instant Mix Flour of Gota or Methi Gota with Chutney powder or Kadi Chutney Powder: AAR [Read Order]

Incentives received under ‘Atma Nirbhar Gujarat Sahay Yojna’ attracts GST: AAR [Read Order]

CBIC extends Last date to Export under Scheme ‘Export Against Supply by Nominated Agencies’ [Read Notification]

Components, supplied in Sale-in-Transit transaction, without payment of Tax under erstwhile CST regime attracts GST: AAR [Read Order]

Chandigarh Court refuses to transit the remand of Applicant accused of Wrongful Availment of ITC to Court of CMM in New Delhi

GST: ITC admissible on New Locker Cabinet and Generator, rules AAR [Read Order]