Lawgics – Judgment No. 137
Madras HC – Undoubtedly, it is not open to the Department to reopen the same issue vide new show cause notice after issuing order dated 23.12.2023.
Month: May 2024
Government employees protest against lack of proper system to deduct income tax for those opting for old tax regime
A group of employees of the State government protested against lack of proper system to deduct income tax from salary of employees who have opted for the old income tax regime.
Before time GST recovery if Necessary or Expedient
The GST law although allows the before time recovery, however only where it is expedient in the interest of revenue
Guidelines for initiation of recovery proceedings before three months from the service of demand orders – regarding
CBIC issued an Instruction No. 01/2024-GST dated 30.05.2024 providing guidelines for initiation of recovery proceedings before three months from the service of demand orders.
Notification no. 47/2024 dated 29.05.2024- Income tax
CBDT issued Notification No. 47/2024 dated 29.05.2024 to notify RBI to be a person u/s 10(46A)(b) of Income tax Act, 1961
Notification no. 46/2024 dated 27.05.2024- Income tax
CBDT issued Notification No. 46/2024 dated 27.05.2024 to notify RBI to be a person u/s 206CCA(3)(ii) of Income tax Act, 1961
Notification no. 45/2024 dated 27.05.2024- Income tax
CBDT issued Notification No. 45/2024 dated 27.05.2024 to notify RBI to be a person u/s 206AB(3)(ii) of Income tax Act, 1961
Assessee providing services of ‘Marketing/Recruitment/Referral Consultant’ do not qualify as Intermediary
The Telangana, AAR in the matter of M/s. Center for International Admission and Visas (CIAV), held that services of ‘Marketing/Recruitment/Referral Consultant’ by the Assessee to foreign universities on principal to principal basis do not qualify as ‘intermediary’ as defined under Section 2 (13) of the IGST Act. Further, the activity of forwarding applications of the aspiring students by the Assessee to foreign universities qualifies as ‘export of service’ in terms of Section 2(6) of the IGST Act provided the payments are received in convertible foreign exchange.
No Service Tax payable on freight margin recovered from the customer in case of outbound shipments
The CESTAT, Ahmedabad in the case of Vishal Tansukhbahai Gohel that in the case of outbound shipment, both by aircraft and vessel, the destination of goods shall be outside India. Therefore, there will be no Service tax on the freight margin recovered by the Appellant from the customer.