Top Stories Not Necessary for Custom Broker to keep Continuous Surveillance at Physical Address of Exporters: Delhi HC restores Licence [Read Order] The case involved M/s Shakti Cargo Movers, whose…
Top Stories New GSTN Feature to Fix Errors in GST Invoice Matching for ITC Claims: Details You Should Know GSTN has introduced the Invoice Management System (IMS) to help taxpayers…
Top Stories Savings A/c Cash Deposits treated as ‘Unexplained Money’ during Income Tax Assessment: ITAT Remands matter to AO [Read Order] The ITAT proceed to remit the matter back to…
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that the entire bank credit of the assessee should be treated as business receipts for income estimation under…
Top Stories 75% Disputed GST already Paid: Madras HC grants Opportunity to Explain Discrepancies between Form GSTR-1 and 3B [Read Order] Considering the peculiar facts that the petitioner has already…
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition of Rs.53.23 Lakhs on cash deposits during the demonetization period and directed the Assessing Officer (…
Like the word, the decision of the Apex Court in the matter of Chief Commissioner of Central Tax & Ors., Vs. M/s. Safari Retreats Private Limited., & Ors [2024 INSC…
The Maharashtra Authority for Advance Ruling ( AAR ) while addressing an Application filed by the Reserve Bank of India ( RBI ) observed that the penalty levied by RBI…
In a recent ruling, the Karnataka High Court directed the Goods and Services Tax ( GST ) Act department to treat the prematurely debited 10% amount from the petitioner’s electronic…
Top Stories S. 16(5) of CGST Allows Delayed ITC for A.Y. 2018-19 to 2020-21 if returns Filed by Nov 30, 2021: Karnataka HC Remands Matter [Rad Order] Considering the Amendment…