@abhishekrajaram's Latest X Threads

Indian cos with overseas staff on deputation get GST notices A spate of GST demand notices have been served on Indian companies in recent weeks in cases where overseas staff have been deputed to India.

Punjab Pradesh Beopar Mandal: Raise GST exemption limit to Rs 1.5 crore

Kerala High Court has held that Non-filing of GSTR-3B for a continuous period of six months can lead to the cancellation of GST registration. Sanscorp India Pvt Ltd. vs The Assistant Commissioner, Goods and Service Tax Network, Union of India [WP(C) No.24904/2023; 14-Sep-2023]

Denying TDS Credit available in Form 26AS and raising demand is abuse of Authority. ITAT Jabalpur in Ramesh Prasad Yadav vs CPC, Bangalore ITO (ITA No. 34/Jab/2023, 22-Sep-2023)

Levy of penalty order and pre-deposit amount equal to penalty - Part B of the E way bill as required under Section 68(3) of the Act, 2017 and Rule 138 (1), (2), (3) of the Rules, 2017 not submitted

Income Tax – Bogus purchases – Quantification of profit element – Appellant/assessee is a company engaged in the business of manufacturing and trading of rice bran oil, filed its return of income for the year under consideration

🚫✋Allahabad High Court Stays demand-cum-show cause notice for service tax related to mining royalty based on several Supreme Court orders and a pending larger Bench reference on the nature of royalty. Bhole Bhandari Stone vs Union of India (Writ Tax No.1080/2023, 18-Sep-23)

LIC vs. Bihar Tax Department: A whopping GST bill of over Rs 290 crore hits LIC. 💰💼 Are they drowning in taxes or is this a fair demand? Join the conversation! 👇🗣️ #LIC #GST #TaxBill #Bihar

Failure to declare amount in return alone does not imply wilful suppression. CESTAT, Chandigarh in M/s M R Beltings v. Commissioner of Central Excise Rohtak [Excise Appeal No. 57958 of 2013 dated August 25, 2023]

Income Tax Department Unveils Suite of Tax Tools to Aid Taxpayers