No denial of ITC without conducting enquiry with supplier who failed to remit tax to Government. Calcutta High Court in Lokenath Construction Pvt. Ltd. (02-May-2024) RT if you find this useful.
5 months ago
๐ข The Directorate General of GST Intelligence (DGGI) has recently launched an investigation into alleged tax evasion by agricultural brokerage houses. The evasion is estimated to be around a staggering โน18,000 crore.
5 months ago
๐ช๐ต๐ ๐๐ต๐ฒ ๐ข๐ฑ๐ถ๐๐ต๐ฎ ๐๐ฆ๐ง ๐๐ฒ๐ฝ๐ฎ๐ฟ๐๐บ๐ฒ๐ป๐ ๐ถ๐บ๐ฝ๐ผ๐๐ฒ๐ฑ ๐ฎ ๐ฝ๐ฒ๐ป๐ฎ๐น๐๐ ๐ผ๐ณ ๐ฅ๐. ๐ญ.๐ฐ๐ฒ ๐น๐ฎ๐ธ๐ต๐ ๐ผ๐ป ๐๐ป๐ณ๐ผ๐๐๐? In a recent stock exchange filing, Infosys, a major player in IT services, has informed been penalized by the Odisha GST authority.
5 months ago
GST or Service Tax Department issues Notices of Turnover mismatch with Form 26AS or ITR. I have covered all landmark judgments. Steps to download file: 1) Follow me, it cost Rs. ZERO 2) Reply or Retweet 3) Check DM 4) Follow steps 5) Join GST Notice Reply group for FREE Thanks [img:sbYLMrC2g]
5 months ago
Whether the entry fee collected from the visitors/devotees/pilgrim by the applicant is taxable supply under GST Act? HELD: No
5 months ago
Brokerage exp. on sale of property allowable even if there was no written agreement with broker: ITAT Delhi in Sunil Kapoor v. ACIT
5 months ago
Transporter isnโt required to carry original tax invoice; Karnataka High Court quashes order imposing tax and penalty. DIVYA JYOTHI PETROCHEMICALS CO. (28-Feb-2024)
5 months ago
The applicant operates as a GTA primarily engaged in transporting goods by road. Their clients often request bundled services during the relocation of household goods. These bundled services include packing, loading, unloading, and unpacking, in addition to transportation.
5 months ago
๐ Petitions Pile Up as GST Notices Flood Businesses After 3 Years of Returns Filing!
5 months ago
๐ฃ GST Update: Paid GST Returned, Now Traders Have to File Revised Returns ๐ฃ In an unprecedented turn of events, thousands of traders have found themselves in a peculiar situation.
5 months ago