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Recently, the SGST and CGST Departments have issued Intimation for payment of Interest on Self-Assessment Tax Paid which pertains to Section 50 Interest payable on such Self-Assessment Tax Paid
THE HON’BLE SUPREME COURT OF INDIA IN THE CASE OF Commissioner of CGST V/s Deepak Khandelwal , decided on 14-8-2024
In a big relief to OYO Hotels & Homes, the Delhi High Court has stayed the recovery of tax demand of Rs 1,140 crore raised under provisions of the so-called angel tax for the assessment year 2021-22 (Apr-Mar).
Government of Goa, Department of Finance issued Instruction No. 01 of 2024-GST dated 03.06.2024 providing guidelines for initiation of recovery proceedings before 3 months from the date of service of demand order.
The Income Tax Department has successfully “recovered” Rs. 65 crore from the Indian National Congress, out of a total tax due of Rs. 115 crore. The recovery was made from Congress party’s bank account on Tuesday, following the department’s imposition of a…