Posts

Relief to InterGlobe Aviation: ITAT deletes Disallowance on Lease Rental Payments to tune of Rs. 366.32 Cr [Read Order]

Know about Lesser-Known Income Tax Deduction you can claim while filing Income Tax Return

AAR Weekly Round-Up

Supreme Court, High Courts Weekly Round-Up

ITAT Weekly Round-Up

Supreme Court quashes Madras HC’s order imposing Imprisonment, Fine under Customs Act as No Opportunity of Cross-Examination was given [Read Judgment]

CA / CMA vacancy in Tata Communications

CA Inter, M.Com vacancy in Unilever

How to View Electronic Liability Register in GST Portal: All you Need to Know

ITAT empowered to amend its own orders triggered on account of mistake of Counsel for Parties: Delhi HC [Read Order]

MCA Relaxes levy of additional fees in filing of e-forms

Relief to Nokia: ITAT deletes Disallowance as Distributors furnished ITR, duly paid Tax [Read Order]

No TDS deductible on consideration for Use of Computer Software by Resident Indian distributors to Non-Resident Manufacturers: ITAT [Read Order]

Delhi HC refuses Bail to person alleged of Fraudulently inducing People to Invest in CryptoCurrency Chit Fund [Read Order]

Shaktikanta Das reappointed RBI chief for three-year term

Setback to Bharti Airtel: Supreme Court allows Centre’s plea against GST Refund worth Rs. 923 Cr [Read Judgment]

Reassessment Proceedings can’t be initiated on Mere Change of Opinion: Orissa High Court [Read Judgment]

CA / CMA vacancy in ABB

Plea in Gujarat HC seeks appointing Chairperson, Technical Member before Gujarat RERA [Read Petition]

Writ Petition not maintainable as Statutory Alternative Remedy under GST Act: Madras High Court [Read Order]

Supervisory Fee paid to Parent Company shall be Deductible: ITAT [Read Order]

Interest received on Fixed Deposit/SSNL Bonds constitutes Business Income, can be included for calculating Remuneration of Partners: ITAT [Read Order]

GST fake Invoices, ITC frauds & its consequences

18% GST payable on Reshelling of Old Sugar Mill Rollers: AAR [Read Order]

GST payable on Vehicles Registered in Tourist category for carrying Covid-19 patients for Medical Treatment: AAR [Read Order]

ITC can’t be claimed on GST paid on Inputs Services procured to implement Promotional Scheme under ‘Buy n Fly’: AAR [Read Order]

Refund of amount paid during investigation under GST

Lubricants can’t be considered to be Excisable Goods for purposes of SVLDRS: Madras High Court allows Indian Oil Corporation’s Application [Read Order]

How To Prepare Balance Sheet For Bank Loan

CESTAT quashes Service Tax demand as Remittances made for Meeting Establishment Costs at location of Branches [Read Order]

Delhi HC allows DGGI to file a status report on alleged GST Evasion by Director of Company [Read Order]

CBDT notifies New Rules for Retrospective Tax Disputes Settlement [Read Notification]

Notice in Form GST REG-03 for seeking clarification relating to GST Registration

Key Recent developments under GST – A Bird’s Eye View

Application of ECTS for Sealing and Monitoring of Goods to be deposited in Customs Bonded Warehouses: CBIC [Read Circular]

Green Peas removed from ‘Free’ to ‘restricted category’ Prior Authorization required: CESTAT refuses to issue Demurrage Waiver Certificate to Importer [Read Order]

Punjab & Haryana HC orders CBI inquiry to fix liability of erring Customs Dept. and Anti Evasion GST Units on clearing of Consignment without making any Entry [Read Order]

Date of Receipt of Assessment Order not relevant in Computing Limitation Period for Revision by Principal Commissioner: Supreme Court [Read Judgment]

ICAI Disciplinary Committee enquired in 235 cases on Professional Misconduct by Chartered Accountants last year [Read Report]

Calcutta HC quashes Faceless Assessment order as Password for Video Conferencing not provided [Read Order]

GST Authority to communicate reasons for Blocking of ITC to Taxpayer: Madras High Court [Read Order]

CA vacancy in Cognizant

CA / CMA vacancy in IBM

5% GST on Job Work Services by Garware Industries: AAR [Read Order]

Capital Gain Exemption available for Multiple Flats obtained under JDA: ITAT [Read Order]

No GST payable by Mumbai Port Trust on Way Leave Fees & Lease Rent to MMRDA: AAR [Read Order]

Interim Bail can’t be treated as constructive Custody: Allahabad HC refuses default Bail to person accused of Wrongful Availment of ITC [Read Order]

ITC worth Rs. 6.14 Lakh Cr blocked in GST showed while replying to RTI is incorrect: GSTN

12% GST on Audio Receiver or Transceiver & Amplifier: AAR [Read Order]

GST payable on E-Procurement Services provided to Govt: AAR [Read Order]

5% IGST payable on Import of Footwear having Sale Value not exceeding Rs.1000 per Pair: AAR [Read Order]