10 ViewsThe Goods and Services Tax (GST) Appellate Tribunal is likely to be headed by a former Supreme Court judge or a former Chief Justice of a High Court and its framework may permit the resolution of disputes involving dues or fines of less than Rs. 50 lakh by a single-member bench. Amendments to the […]
ITAT: IBC has overriding effect on all Acts including Income Tax Act
38 ViewsThe Delhi Bench of the Income Tax Appellate Tribunal in the case ACIT Versus ABW Infrastructure Ltd. observed and has held that the Insolvency and Bankruptcy Code, 2016 has an overriding effect on all the acts, which includes the Income Tax Act, 1961 as per Section 178(6) of the Income Tax Act which is […]
GST Council to set scope of GST appellate tribunals at this week’s meet
107 ViewsThe Goods and Services Tax (GST) Council will meet on 17 December to decide on the composition and regional distribution of appellate tribunals that will handle GST disputes, but will not address the contentious issue of taxation of online gaming, horse racing, and casinos, two people familiar with centre-state discussions said. The federal indirect […]
GoM readies report on GST appellate tribunals
183 ViewsA group of ministers (GoM) set up by the Goods and Services Tax (GST) Council has cleared the framework for setting up appellate tribunals to hear disputes, proposing more than one bench in a state, said people with knowledge of the matter. The principal bench of the GST Appellate Tribunal (GSTAT) is proposed to […]
GoM recommends empowering States to expedite appointment to GST Appellate Tribunal
188 ViewsThe Group of Ministers chaired by Haryana Deputy Chief Minister Dushyant Chautala has recommended empowering State governments to reduce the experience of officers to be appointed as technical members in GST Appellate Tribunal. The 110 proviso regarding appointment of members of GST Appellate Tribunal reads, “Provided that the government may on the recommendation of […]