ITR: Late fee that you have to pay if you fail to verify income tax return before August 31
The last day to file the Income Tax Returns for the financial year 2022-23 has…
Income Tax in Media
Income Tax in Media
Six foreign tours companies under tax scanner
The Income tax department is looking into tax evasion by about six companies providing foreign…
Income Tax
FAQ’s for Form 27C
Question 1: Who is required to file Form 27C on E-filing portal, buyer or seller?…
GST in Media
Indian Sugar Mills Association Calls For 5% GST On Flex Fuel Vehicles
The Indian Sugar Mills Association (ISMA) called for a change in the Goods and Services…
Article
High Court
Entire disputed amount required to be deposited before opting writ remedy
The Hon’ble Orrisa High Court in Krushna Mohan Dutta v. Commissioner of CT & GST,…
AAR
Article
ITC is eligible on input used for construction of foundation of machinery
The AAR, Rajasthan, in M/s. Uvee Glass Private Limited [Advance Ruling No: RAJ/AAR/2023-24/05 dated June…
Article
High Court
Adjudicating Authority must provide hearing opportunity before passing an adverse order
The Hon’ble Allahabad High Court in B.L. Pahariya Medical Store v. State of U.P [Writ…
State Order
GST – Constitution of a Committee – to study the settlement pattern of IGST
ABSTACT Goods and Services Tax - Constitution of a Committee - To study the Settlement…
Income Tax in Media
CBDT order provides relief, but Income Tax department may reopen big old cases
CBDT guided by a Supreme Court (SC) order issued in April, has sent out comprehensive…
GST Portal
Advisory for applicants where GST Registration application marked for Biometric-based Aadhaar Authentication
28/08/2023 Dear Taxpayers, 1. Rule 8 of CGST Rules had been amended to provide that…