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GST Article

ITC for different financial years can be clubbed together for claiming refund under Rule 89(4) of the CGST Rules

The Hon’ble Bombay High Court in the case of M/s. Sine Automation and Integration (P.) Ltd v. Union of India ...

Refund Application is not deficient when conditions stated under Rule 89(2) of the CGST Rules are fulfilled

The Hon’ble Delhi High Court in the case of M/s. AB Enterprises v. Commissioner of Goods and Services Tax [WP ...

An Advocate can be a Judicial Member of the GST Appellate Tribunal

Until now, a Judge of a High Court or a District Judge qualified to be appointed as a Judge of ...

DOCTRINE OF SUBSTANCE OVER FORM – CONCEPT, MEANING AND APPLICATIONS

Introduction: Recently, we have witnessed the ICC Men’s Cricket World Cup 2023. Often in the game of cricket, it is ...

GST in Media

SC issues notices on plea challenging anti-profiteering provisions

The Supreme Court on Friday issued notices to the central government, the Central Board of Indirect Taxes and Customs (CBIC), the Goods and Services (GST) Council and the National Anti-Profiteering Authority (its functions have been taken over by the Competition Commission of India) on a petition challenging a Delhi High ...

SC Asks Ramdev’s Patanjali Trust To Pay Rs 4.5 Cr Tax For Charging Entry Fees At Yoga Camps

The Supreme Court in a recent order upheld the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruling and held that Ramdev's Patanjali Yogpeeth Trust is liable to pay Rs 4.5 crore to tax authorities for charging an entry fee for organising Yoga camps. A bench of Justices Abhay S ...

Income Tax in Media

CBDT to release Crypto Tax FAQ before July 1 to provide more ‘Clarity’

The Central Board of Direct Taxes (CBDT) will release a list of frequently asked questions (FAQ) on cryptocurrency tax before ...

11/06/2022 / Crypto currency, Income Tax in Media

Income Tax Portal not Hacked, says Government, asks Infosys to Fix Glitch

The Income Tax Department on Tuesday said software services provider Infosys has been directed to look into the issue relating ...

08/06/2022 / Income Tax in Media, Income Tax Portal, Income Tax Portal

CA caught taking bribe for income tax officers

The team of Anti-Corruption Bureau has taken major action in the capital Jaipur. The team has arrested a chartered accountant ...

26/05/2022 / Income Tax, Income Tax in Media

CBDT aims to lift tax-GDP ratio to 15-20% form the current 12%

India's net direct tax collections amounted to Rs. 14,09,640.83 crore for FY 2022, which is the highest collection ever, signaling ...

02/05/2022 / GDP, Income Tax in Media

Big opportunity to rectify the mistake in Income Tax return file

The Income Tax Department has issued a new form for filing updated IT returns. In this, the taxpayer has to ...

02/05/2022 / Income Tax in Media, Updated Return IT