No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order]

Top Stories No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order] The ruling reinforces that ITC blocking is a severe and exceptional…

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Big Breaking: CIT(A) Allows 87A Rebate on Special Rate Incomes in Income Tax Appeal [Read Order]

The Commissioner of Income Tax (Appeals) [CIT(A)] has determined that the Centralized Processing Centre (CPC) erred in restricting the rebate available under Section 87A. Thus, it allowed the 87A rebate…

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Rental Income from Business Assets to be Taxed Under ‘Income from House Property’, Not as Business Income: ITAT [Read Order]

Top Stories Rental Income from Business Assets to be Taxed Under ‘Income from House Property’, Not as Business Income: ITAT [Read Order] The ITAT ruled that rental income from business…

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From Email to GST Portal/Newspaper: GST Notice Communication u/s 169(1) Refined by Madras HC Decision

Top Stories From Email to GST Portal/Newspaper: GST Notice Communication u/s 169(1) Refined by Madras HC Decision The court has ruled that the personal delivery or e-mail mode should be…

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Relief to Woodpecker Movies: AC Drops Rs. 26.72 Lakh GST Demand Citing Retrospective ITC Eligibility u/s 16(4)

The Assistant Commissioner of CGST & Central Excise, Mumbai Central, granted relief to Woodpecker Movies Private Limited by rectifying and dropping the GST demand of Rs. 26.72 lakh citing retrospective…

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Unlocking GST: Understanding the E-Way Bill Requirement for Imported Goods [Find Draft Reply Format Here]

Top Stories Unlocking GST: Understanding the E-Way Bill Requirement for Imported Goods [Find Draft Reply Format Here] The Gujarat HC in a Recent case held that if IGST is already…

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