Tax Guru10h
Interest on non-renewal of ₹2.22 Cr FDs should be recovered from Officers’ Salary: Bombay HC
3.3 In case of any short-payment or non-payment of the amount stipulated under Section 35F of the Central Excise Act, 1944 or ...
Tax Guru11h
Quashing of GST demand Order on the supply of Cotton Seed Oil Cakes
Conclusion: Where assessee had made supply of the cotton seed oil cake as cattle feed, assessee was entitled to exemption ...
Tax Guru16h
Notice u/s. 74 of CGST Act issued to deceased taxpayer set aside: Delhi HC
Delhi High Court held that issuance of Show Cause Notice under Section 74 of the Central Goods and Services Tax Act, 2017 to ...
Tax Guru10h
Disallowed Expenses While Calculating Profits & Gains of Business or Profession
Expenses such as interest, commission, rent, and fees incurred by a resident contractor are disallowed as deductions in the ...
Tax Guru9h
Advisory on Aadhaar Authentication & Document Verification for GST Registration in Kerala, Nagaland, Telangana
GST applicants from Kerala, Nagaland, and Telangana must follow new Aadhaar-based biometric authentication and document ...
Tax Guru16h
Notice for mismatch of ITC between GSTR-3B and GSTR-2A not received hence matter remanded: Madras HC
Madras High Court held that notice for mismatch of the input tax between GSTR 3B with that of GSTR-2A is not received by the ...
Tax Guru16h
Cancellation of GST registration with retrospective effect unjustified: Delhi HC
Delhi High Court held that GST registration cannot be cancelled with retrospective effect. Accordingly, GST registration ...
Tax Guru11h
SC upheld Constitutional Validity of TOLA which Extends Income Tax Reassessment Time limit
Rajeev Bansal (Civil Appeal No. 8629 of 2024), the Supreme Court of India addressed the constitutional validity of the ...
Tax Guru15h
Down Stream Investment – Introduction & Reporting
Downstream Investment is an investment made by an Indian entity having FDI, into another Indian entity.
Tax Guru15h
Intelligence Officer empowered to pass order under GST: Madras HC
State Tax Officer (Intelligence), the Madras High Court upheld the authority of a State Intelligence Officer to pass orders ...
Tax Guru17h
Intricacies of Section 74 to initiate Proceedings Under GST Law
Under the GST Law there is only two sections 73 and 74 of the CGST Act by which proceedings may be initiated to determine the ...
Tax Guru9h
IBBI Denies RTI Request to Protect Exam Integrity & Confidentiality, Citing Lack of Public Interest
This is required as IBBI policy allows up to two questions to be challenged for wrong answers. Disclosing the questions and/or their answers violates the integrity of live question bank, which is in ...