GST on Used Cars: Clearing the Myths on Social Media
Top Stories GST on Used Cars: Clearing the Myths on Social Media If you are selling your personal car to another individual, you do not have to worry about paying…
Top Stories GST on Used Cars: Clearing the Myths on Social Media If you are selling your personal car to another individual, you do not have to worry about paying…
Top Stories Annual Digest 2024: Supreme Court and High Court Cases on Taxation [Part 20] A Round-Up of all the Supreme Court and High Court Tax Decisions in 2024 By…
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) held that the cash deposits made during demonetization out of business income cannot be treated as unexplained cash deposits…
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) limits the addition of unexplained cash deposits during demonetization to ₹10 lakhs, considering the possibility of cash sales. Gaurangi…
Top Stories NRI’s Investment in Mutual Funds Held as Legitimate, ITAT Dismisses Revenue’s Appeal [Read Order] The Tribunal’s order is expected to provide clarity on procedural issues related to documentary…
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter concerning cash deposits made by the assessee during demonetization for fresh assessment considering the notice was…
Top Stories Finance Ministry Launches ICEGATE e-Payment Platform for Electronic Collection of Voluntary/Self-Initiated Payments [Read Circular] Finance Ministry launches ICEGATE e-Payment Platform to enable paperless voluntary payments for customs-related transactions…
The Madurai bench of Madras High court has ruled that the Goods and Services Tax ( GST ) invoices under Rs. 1 lakh are exempted from E-way bill generation. The…
Top Stories Legislative Drafting Error in GST Act: Impact of ‘or’ Instead of ‘and’ in Section 17(5)(d) and the SC’s Decision in Safari Retreats This issue gained prominence in the…
Top Stories Taxable Suppliers Discrepancy in GSTR-3B and Form 26AS u/s 203AA of Income Tax: Madras HC order hearing on 25% Pre-deposit [Read Order] On compliance with the pre-deposit, the…