No TDS liability on income received on non-technical services outsourced to foreign company
The Hon’ble Karnataka High Court in The Director of Income-Tax v. IBM India Private Limited [I.T.A NO. 218 of 2014…
Month: February 2023
Refund claims cannot be considered as dubious on the basis of erroneous findings
The Hon’ble Delhi High Court in M/s. Mahajan Fabrics Pvt. Ltd. v. Commissioner, CGST and Ors. [W.P. (C) 6727/2022 dated…
Introduction of Negative Values in Table 4 of GSTR-3B
Net ITC is to be reported in Table 4(A) and ITC reversal, if any, is to be reported in Table 4(B) of GSTR-3B.
Regular taxpayers can opt for Composition Scheme
Regular taxpayers can opt for Composition Scheme for Financial Year 2023-24 by navigating as ‘Services-> Registration-> Application to Opt for…
New scam in Gujarat; 1500 Aadhaar cards used illegally to generate bogus GST numbers
The state GST department has unearthed a scam with a new modus operandi where 1,500 Aadhaar cards were illegally used…
Demand not sustainable when Service Tax is already paid prior to its levy
The CESTAT, Ahmedabad in Chiron Behring Vaccines Private Limited v. C.C.E. & S.T.-Surat-ii [Service Tax Appeal No. 403 of 2012…
Assessee liable to equal tax on the income from house property where joint owner’s shares are not mentioned in sale deed
The ITAT, Delhi in Smt. Shivani Madan v. ACIT [ITA No. 1642/Del/2020 dated January 5, 2023] has held that the…
Assessee allowed to submit an additional reply to a SCN against non-payment of tax within prescribed period under the SVLDRS
The Hon’ble Madras High Court in M/s. P.K. Japee & Co. v. Deputy Commissioner of GST and Central Excise and…
GST Council Report on Online Gaming, Casinos, Race Courses Not on Council’s Agenda: Sources
The GST Council-nominated Group of Ministers (GoM) report on taxation of online gaming, casinos and race courses is not yet…
GST compensation issue will soon be discussed: MoS for Finance Bhagwat Karad
Union minister of state for finance Bhagwat Karad said on Tuesday that inflation in India is well controlled thanks to…