CCATAX

Representation on hardships being faced in obtaining new GST registration

GST Liability paid percentage – Calculation methodology

Submitting Investment Declaration form: Things to ponder on

Key Highlights of the Economic Survey 2021-22

CESTAT quashes SCN after the lapse of more than two years alleging Suppression of Facts with intent to evade Payment of Excise Duty [Read Order]

Important things on GST payment for freelancers

Bank needs to give benefit of interest rate reduction to all customers even if customer not opted for same

Service Tax can’t be levied on GTA Services if Consignment Notes are not issued: CESTAT [Read Order]

High Courts Weekly Round-Up

Issues Regrdind Relevance of Income Tax Portal

German taxation: Startups & Other matters

Relief to Vodafone Idea: ITAT allows Depreciation on Spectrum Fee [Read Order]

Provision relating to Standard Deduction on Home Loan Interest applicable to Charitable Trust: ITAT [Read Order]

Pure Reimbursement does not give rise to any Income: ITAT [Read Order]

ERNET India eligible to Income Tax Benefits for Charitable Activities, says ITAT [Read Order]

Section 10(46) exemption to West Bengal Electricity Regulatory Commission

Dept liable to pay Interest from Date of Expiry of 3 months from Date of Receipt of application for Refund under CENVAT Credit Rules: CESTAT [Read Order]

Rajasthan HC directs GST Authorities to decide on petitioner’s time barred GST refund claim

Electronic Credit Ledger automatically get unblocked after expiry of period of 1 year?

All you want to know about e-Aadhaar Card

GSTN enables New Functionality of Interest Calculator in GSTR-3B on GST Portal

Payment of Output Tax on Castor Oil Seeds through utilisation of ITC taken on Gold & Silver Dore Bars can’t be denied merely for Absence of Nexus: AAAR [Read Order]

Section 14A disallowance needs to be re-worked based on investments which yielded tax free income

ITAT allows Club Subscription / Expenses incurred to solicit Foreign Buyers: Disallows Expenses on Cigerattes / Wine [Read Order]

US Tax System – Simplified Overview

Govt. detects GST Evasion of worth Rs 93,000 cr, reveals RTI

ITAT rejects Revised Income Tax Return filed by Practicing CA declaring Income from Trading Business, Suspects attempt to cover up Queries on Cash Deposits [Read Order]

Appointments / Re-appointments earlier rejected by Shareholders shall be done with Prior Approvals: SEBI [Read Notification]

Relief to Sabre Asia Pacific: No Separate Addition towards Reimbursement of Expenses, rules ITAT [Read Order]

CAIT filed petition against alleged violation of Competition Act by Amazon

Response sought by AO to SCN, giving less than 24 hours is Arbitrary and against Principles of Natural Justice: Karnataka High Court [Read Order]

Taxation of ULIP (on or after 1st February 2021)

Businessman arrested for running fake ITC network

Patna HC quashes Order imposing interest on gross amount without deducting ITC due to Violation of Principle of Natural Justice [Read Order]

Govt. appoints Vinodanand Jha as New Chairperson to PMLA Adjudicating Authority

Expenditure incurred on Promotion for Brand ‘Snapdeal’ is purely Revenue in Nature: ITAT [Read Order]

No deemed dividend on withdrawal by assessee as partner from partnership firm

CBIC issues Circular on Recovery and Write off of Arrears of Revenue [Read Circular]

Supreme Court & High Courts Weekly Round-Up

No export under GST if place of supply is within India

Agreed Bank Clause In Insurance Policies

34 Suggestion on Budget 2022 Proposal for GST

Setback to Arcelor Mittal: Supreme Court upholds Gujarat Tax Department’s levy of Rs 480 cr Purchase Tax [Read Judgment]

CBDT notifies National Skill Development Corporation eligible for Income Tax Exemption [Read Notification]

Delhi HC dismisses appeal against deletion of Addition for Share Premium or Bogus Purchases or Cash deposits in Bank as no challenge was made to evidence [Read Judgment]

Glitches in Income Tax Return Filing: Gujarat HC assures No Penalty in case of genuine hardships in Online Filing [Read Order]

Nominee and Nomination.. it’s important !

ICAI removes names of 8 CA members wef 20th January, 2022

Reassessment notice quashed for failure of AO to follow statutory formalities

कैसी होगी नई ई-कामर्स नीति: आफलाइन ट्रेडर्स ने सुनाई खरी खोटी ई-कामर्स कंपनियों को