5 per cent GST on pre-packed food: FM Balagopal’s claim belied
Finance Minister K N Balagopal’s claim in the state assembly that Kerala had opposed the controversial 5% GST on pre-packed,…
Month: February 2023
GST Council likely to approve GoM report on plugging tax leakages for pan masala, chewing tobacco: Sources
GST Council is likely to discuss and approve the group of ministers’ final report on capacity based taxation on certain…
CBDT notifies Income Tax Return Forms for Assessment Year 2023-24 well in advance
The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24 vide…
GST audits led to detection of Rs. 22,000 cr tax evasion
The GST audits undertaken by the indirect tax administration in the current financial year have led to the detection of…
Bogus GST invoices row: DGGI starts prosecution against e-insurance intermediary
Goods and services tax (GST) authorities have initiated prosecution against a leading online insurance intermediary for allegedly generating bogus invoices…
Notification No. G.S.R 95(E) dated 14.02.2023
CBDT issued a notification no. G.S.R 95(E) dated 14.02.2023. In this Notification the Form ITR-7 has been substituted with new…
CBIC will use property tax data, electricity bill to increase GST base
The Central Board of Indirect Taxes and Customs (CBIC) will use the data of electric meters and property tax to…
Assessee allowed to file an appeal after the delay of a negligible period
The Hon’ble Calcutta High Court in the matter of Sikha Debnath v. The Assistant Commissioner of State Tax and Ors.…
Notice issued to non-existent company after its amalgamation is not valid under Income Tax
The Hon’ble Bombay High Court in CLSA India Private Limited v. the Deputy Commissioner of Income-Tax [Writ Petition No. 2462…
Writ petition filed before the passing of the final order is premature and not maintainable
The Hon’ble Madras High Court in the matter of Geethanjali v. the Assistant Commissioner of CGST & CE [W.P. No.35024…