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Abhishek Raja "Ram"

@abhishekrajaram

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๐—–๐—˜๐—ฆ๐—ง๐—”๐—ง ๐—”๐—ต๐—บ๐—ฒ๐—ฑ๐—ฎ๐—ฏ๐—ฎ๐—ฑ ๐—ฅ๐˜‚๐—น๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐—”๐—ฑ๐—ท๐˜‚๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ผ๐—ณ ๐—˜๐˜…๐—ฐ๐—ฒ๐˜€๐˜€ ๐—ง๐—ฎ๐˜… ๐Ÿ“ข ๐—ง๐—ต๐—ฒ ๐—ง๐—ฟ๐—ถ๐—ฏ๐˜‚๐—ป๐—ฎ๐—น ๐—ต๐—ฒ๐—น๐—ฑ: "Adjustment of excess tax paid towards future tax liability is valid when appropriately documented and informed by contractual obligations."

about 1 month ago

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๐—–๐—˜๐—ฆ๐—ง๐—”๐—ง ๐—–๐—ต๐—ฒ๐—ป๐—ป๐—ฎ๐—ถ ๐—ฅ๐˜‚๐—น๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ถ๐—ฝ๐˜ ๐—ผ๐—ณ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ถ๐—ด๐—ป ๐—˜๐˜…๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—–๐—ฒ๐—ป๐˜ƒ๐—ฎ๐˜ ๐—–๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜ ๐Ÿ“ข ๐—ง๐—ต๐—ฒ ๐—ง๐—ฟ๐—ถ๐—ฏ๐˜‚๐—ป๐—ฎ๐—น ๐—ต๐—ฒ๐—น๐—ฑ: "Consideration received in Indian Rupees from an overseas bank account qualifies as receipt of foreign exchange. Cenvat credit is allowed for sodexo meal coupons and group insurance."

about 1 month ago

๐—–๐—˜๐—ฆ๐—ง๐—”๐—ง ๐—ž๐—ผ๐—น๐—ธ๐—ฎ๐˜๐—ฎ ๐—ฅ๐˜‚๐—น๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐—–๐—ผ๐—ฎ๐—น ๐— ๐—ถ๐—ป๐—ฒ๐˜€ ๐—ฃ๐—ฟ๐—ผ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ป๐˜ ๐—™๐˜‚๐—ป๐—ฑ ๐—”๐—ฑ๐—บ๐—ถ๐—ป๐—ถ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—–๐—ต๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€ ๐Ÿ“ข ๐—ง๐—ต๐—ฒ ๐—ง๐—ฟ๐—ถ๐—ฏ๐˜‚๐—ป๐—ฎ๐—น ๐—ต๐—ฒ๐—น๐—ฑ: "Administrative charges collected under statutory provisions do not qualify as 'consideration' for a taxable service, as there is no service provider-service recipient relationship."

about 1 month ago

๐—–๐—˜๐—ฆ๐—ง๐—”๐—ง ๐— ๐˜‚๐—บ๐—ฏ๐—ฎ๐—ถ ๐—ฅ๐˜‚๐—น๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐—ฅ๐—ฒ๐—ณ๐˜‚๐—ป๐—ฑ ๐—ผ๐—ณ ๐—”๐—ฑ๐˜ƒ๐—ฎ๐—ป๐—ฐ๐—ฒ๐—ฑ ๐—ฆ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฎ๐˜… ๐—ฃ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐Ÿ“ข ๐—ง๐—ต๐—ฒ ๐—ง๐—ฟ๐—ถ๐—ฏ๐˜‚๐—ป๐—ฎ๐—น ๐—ต๐—ฒ๐—น๐—ฑ: "As the amount was paid as an advance, the concept of unjust enrichment does not apply, making the appellant eligible for a refund."

about 1 month ago

๐Ÿ›๏ธ Relief Granted by Gauhati High Court: Quashes GST Orders Due to Procedural Lapses ๐Ÿšจ Court: High Court of Gauhati Title: Construction Catalysers Pvt. Ltd. vs. State of Assam

about 1 month ago

Karnataka High Court takes note of income tax exemption disparity in laws pertaining to land acquisition

about 1 month ago

๐—–๐—˜๐—ฆ๐—ง๐—”๐—ง ๐—–๐—ต๐—ฒ๐—ป๐—ป๐—ฎ๐—ถ ๐—ฅ๐˜‚๐—น๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐—ฆ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฎ๐˜… ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐—ถ๐—บ๐—ฏ๐˜‚๐—ฟ๐˜€๐—ฎ๐—ฏ๐—น๐—ฒ ๐—˜๐˜…๐—ฝ๐—ฒ๐—ป๐˜€๐—ฒ๐˜€ ๐Ÿ“ข ๐—ง๐—ต๐—ฒ ๐—ง๐—ฟ๐—ถ๐—ฏ๐˜‚๐—ป๐—ฎ๐—น ๐—ฟ๐˜‚๐—น๐—ฒ๐—ฑ: โ€œIt is settled position that reimbursable expenses, such as transportation charges, terminal handling charges, demurrage charges, documentation charges, etc., collected from the customer by the Appellant, are not subject to levy of Service Tax.โ€

about 1 month ago

Concerns about new audit norms misplaced: NFRA's Ajay Bhushan Pandey Worries about audit getting concentrated in the hands of a few big firms owing to revision in auditing standards with respect to group companies are not justified, National Financial Reporting Authority (NFRA) Chairperson Ajay Bhushan Pandey told Business Standard.

about 1 month ago

GST taxpayers can't claim pending input tax credit if GSTR 3B is not filed by this date for FY 2023-24

about 1 month ago

Tax tracker on property owners with builder deals; I-T dept told to identify capital gains evaders All landowners who had cut 'joint development' deals with builders are under the lens for skirting tax on capital gains.

about 1 month ago

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