Posts

GST Evasion: Himachal Pradesh HC grants Bail to accused allegedly involved in 14.33cr Scam

GST Dept cannot ignore effects of Technical Glitches in GSTN: Gujarat HC allows Manual filing of GSTR-6 [Read Order]

Mock Test Papers Series – I for May 2022 CA Examination

Once an Assessment Order is rectified under TNVAT Act, the Right to Appeal against such Order can’t be Denied: Madras HC [Read Order]

CBI arrests Chartered Accountant and GST Joint Commissioner in Bribery Case

GST Evasion: CBIC cautions against Sharing Aadhaar, PAN Details without Valid Reasons

Not Providing Opportunity to Cross-Examination & Documents amount to Violation of Natural Justice Principles: Calcutta HC quashes Order of Customs (Appeal) [Read Order]

HC quashed assessment order passed in violation of Section 144C scheme

CA, ACCA vacancies in HP

Commercial Tax Offices Hub of Corruption: Karnataka HC upholds Corruption charges against Tax Officer [Read Judgment]

Amount Deposited in the Absence of Requisite SCN is liable to be Refunded: CESTAT [Read Order]

Refund under CST Act shall be granted to Person on whom lay Ultimate Tax Burden: Gujarat High Court [Read Order]

No Intention to GST Evasion: Calcutta HC quashes Penalty for using Expired E-Way Bill [Read Order]

Attempted Smuggling of Red Sanders: CESTAT grants Airport Authority of India an Opportunity to file Objection [Read Order]

Statutory Tax Compliance Calendar (Due Dates) March, 2022

Weekly newsletter from Chairman, CBIC dated 28.02.2022

ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]

Carry Forward of Business Loss cannot be denied merely for not getting Statutory Audit / Tax Audit done: ITAT [Read Order]

One individual cannot hold two birth certificates containing different birth dates

CESTAT allows Refund of Service Tax paid on Liquor License fee to Rajasthan Govt

Re-structuring of organisation or resizing of labour force not gives liberty to an employer to dispense with services of all employees

Import of Goods at Concessional Rate of Custom Duty- Automation WEF 01.03.2022

Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]

Taxpayer cannot be deprived of ITC for technical glitch in portal

SFIO arrests 3 from Jagat Agro Commodities Pvt. Ltd. including Auditor

Submit Letter of Undertaking (LUT) for FY 2022-23 by 31.03.2022

Powdered form of Ready to Cook Idly-Dosai Mix, Tiffin Mix, Sweet and Health Mix, Porridge Mix attracts 18% GST: AAAR [Read Order]

Relief to Aishwarya Rai Bachchan: Revisional Jurisdiction cannot be invoked on ground of an Invalid Re-Assessment by AO, says ITAT [Read Order]

Period of Tax Appeal filed before an Authority without Jurisdiction shall be excluded from Limitation Period: Delhi HC upholds Validity of Revision Petition [Read Order]

HC directs dept to consider allowing petitioner to correct Form GSTR 1 Return

Distribution of Freebies to Doctors is a regular Business Practice, Dept cannot deny decision when Claim is proved with Documents: ITAT [Read Order]

Time Limit for Re-Assessment of Escaped Income on Assets Outside India is 16 Years: ITAT restores Order against Senior Chartered Accountant [Read Order]

Commission to Agents not subject to Service Tax in the absence of Service Provider and Consideration: CESTAT [Read Order]

GST dept issues Clarifications regarding Issues relating to Incorrect Reporting of GSTR-1 and ITC Claim [Read Circular]

Dues of Secured Creditor under SARFAESI Act has priority over Central Excise Dues, rules Supreme Court [Read Order]

Supply of TCAS is Composite Supply, attracts 18% GST: AAR [Read Order]

How Will ‘Russia’s Invasion of Ukraine’ Affect Taxes & Trade in India?

GST E-Invoice mandatory for entities having Turnover of Rs. 20 Crores: CBIC reduces threshold limit [Read Notification]

GST Dues: Personal Properties of a Partner of LLP can’t be Attached, says Gujarat HC [Read Order]

Information from Property Broker Firms and Websites cannot be relied upon to determine adequacy of Rent received for invoking Sec 13(2)(b) of Income Tax Act: Delhi High Court [Read Judgment]

Cryptocurrency – Virtual Digital Asset

DRI are not a competent authority to issue SCN : Rajasthan HC

Area based exemption eligible on manufacture of nail enamel by using peripheral processes

AO cannot reopen an assessment even within a period of 4 years merely on the basis of a change of opinion

CA Exams May 2022: ICAI opens Online filling up of Examination Application Forms, Know Important Dates

Deduction allowable to Loss on Investment in Subsidiary made to Boost Sales: ITAT [Read Order]

NCLAT allows exclusion of 90 days from the CIRP

No Service Tax on amount recovered as Liquidated Damages

Mere failure to pay tax will not constitute offence under Section 276C(2)

Unregistered Association of Persons formed by Agreement merging Two Charitable Trusts eligible for Income Tax Exemption: ITAT [Read Order]

Mandatory Legal Obligations for Companies in India

GST: Fixed Establishment – Conundrum of People, Place & Things