Article
Intent to Evade Tax is a Prerequisite for imposition of Sections 129 & 130 Proceedings - Allahabad HC
The case of Shyam Sel And Power Limited vs. State of U.P. before the Allahabad High Court has spotlighted the
Post Under: GST| Article
Finalization of Accounts
Finalization of Accounts
The Indian Businesses Act. 2013. Sections 209 to 220. handle legal provisions referring to the assembly and presentation
Post Under: Company Law| Article
Income Tax Computation For Individuals: Rules And Rates
Income Tax Computation For Individuals: Rules And Rates
The calculation of tax liability depends on several factors, including an individual%u2019s residential
Post Under: Income Tax| Article
State Tax Officer below the range of Assistant Commissioner can't block ITC Ledger.
In a recent judgment, the Bombay High Court addressed the issue of the State Tax Officer%u2019s authority to block the
Post Under: GST| Article
READING OF FINANCIAL STATEMENT
IT PROVIDES INFORMATION ABOUT THE ENTITY'S:
This information, along with other information in the notes, assists users of financial statements in
Post Under: Finance| Article
Featured Posts
- Rejection of taxpayer's detailed reply without any justification, clearly shows non-application of mind by the officer.
- CBIC issued important guidelines for early initiation of recovery proceedings from taxpayers in exceptional situations before the standard time of three months.
- Madras High Court directs fresh assessment due to SCN uploaded in ‘Additional Notices’ Tab in GST Portal instead of under Notices’ Tab
- Benefit of extended date (from September to 30th November) of Section 16(2)(c) and 16(4) has to be given retrospectively from July 2017- Kerala High Court
- 53rd GST Council recommends waiving interest and penalties notices issued U/s 73 for 2017-18 to 2019-20, if tax is paid up to 31.03.2025 and the time limit to avail input tax credit U/s 16(4) up to 30.11.2021 for FY 2017-18 to 2020-21, may be deemed to be 30.11.2021.
Latest Posts
- CBIC issued important guidelines for early initiation of recovery proceedings from taxpayers in exceptional situations before the standard time of three months.
- Rejection of taxpayer's detailed reply without any justification, clearly shows non-application of mind by the officer.
- Expiry of e-way bill due to break down of vehicle is only a technical breach. Penalty cannot be imposed in the absence of any criminal intent Allahabad High Court.
- Without Taking Any Action Against Seller And Action Taken Against Buyer To Reversal The ITC Which He Claimed Not Reflected In GSTR-2A Due To Sellers Mistake Is Arbitrary Calcutta High Court.
- Calcutta High Court Set Aside GST Order which is Revenue Neutral and Remand the matter back to the adjudicating authority for further consideration .
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