18% GST Will Be Levied on Pulses Processed by Agri Brokers: Andhra Pradesh AAR in re, Gayatri Enterprises
7 months ago
Bombay High Court granted relief to the petitioner, allowing rectification of GSTR-1 for the fiscal year 2017-2018 due to no loss in government revenue and mistake was bonafide. NRB Bearings Ltd. Versus The Commissioner of State Tax (14-Feb-2024)
7 months ago
Revenue Appeals Denied: Income from Share Sales Classified as Capital Gains, Not Business Income Title- Deputy Commissioner of Income Tax Versus Hero Investment Pvt. Ltd. Court-ITAT-Delhi Date-13/10/2023
7 months ago
Date Extension for Trusts/Institutions to Correct Audit Report Submissions for Tax Exemption by 31/03/2024. Circular No- 02/2024 Dated- 05/03/2024 Sub- Order under section 119 of the Income Tax Act, 1961- reg.
7 months ago
The Ludhiana police claimed to have busted a gang that had obtained GST refunds by creating a fake firm in the name of a city resident.
7 months ago
T#he Directorate General of GST Intelligence DGGI initiates action on ITC, Prataap Snacks, others for alleged tax evasion.
7 months ago
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7 months ago
Where show cause notice issued under section 73 in format without striking out irrelevant particulars, and further, summary of order was passed without any adjudication order and without giving opportunity of hearing, SCN, summary of SCN and summary of order were to be quashed.
7 months ago
Appeal against demand based on SIB survey rejected due to petitioner's absence & lack of SIB report. Violation of natural justice. Orders set aside. Allahabad High Court in ORIGIN B.R. DIGITALSIGNS PVT. LTD. vs State of Uttar Pradesh (16-Feb-2024)
7 months ago
GST mopup point to India's resilient economy in Q4 India's economy started the fourth quarter on a strong note, National Council of Applied Economic Research (NCAER) said in its monthly economic review. NCAER noted that high frequency indicator
7 months ago