Tax Guru2h
Transferring part of building for managing threshold limit for levy of luxury tax is tax evasion
Kerala High Court held that transferring 1 st floor of the building to wife for reducing limit below prescribed threshold ...
Tax Guru2h
Imposition of GST on differential turnover: matter remitted back due to non-participation in proceedings
Madras High Court remitted the matter of imposition of GST on entire differential turnover since petitioner failed to ...
Tax Guru16h
Unblocking of ITC directed in matter of wrong availment of ITC to allow assessee to file return
Orissa High Court held that proper officer has exercised discretion in intimating petitioner that ITC has wrongly been ...
Tax Guru5h
Allahabad High Court Disapproves Bar Body’s Request To Not Pass Adverse Orders
It is most significant to note that while leading from the front, the Allahabad High Court in a most learned, laudable, ...
Tax Guru1h
Input tax credit eligible under section 16(5) and 16(6) of CGST Act: Gauhati HC
Gauhati High Court held that petitioner is entitled to claim input tax credit subject to conditions prescribed to newly inserted section 16 (5) and section 16 (6) of the CGST Act, 2017 which are ...
Tax Guru1h
Date of submission of claim recognised on accrual of cash incentive: Punjab & Haryana HC
Punjab and Haryana High Court held that date of submission of claim would be recognized on accrual of cash incentive and not from date of submission or receipt of cash incentive.
Tax Guru2h
Bulldozer Justice Simply Unacceptable in A Civilised System: SC
What’s more, the Bench then directs in para 34 stating that, “The Registrar (Judicial) shall circulate a copy of this judgment to the Chief Secretaries of all the States/Union Territories to ensure ...
Tax Guru1h
Environmental laws and its effective implementation
Success in the effective implementation of environmental laws would, in this end, be achieved through the balance of conservation with development and through ensuring that future generations inherit ...
Tax Guru1h
GST demand confirmed due to non-response: Madras HC remitted matter back
Madras High Court remanded the matter back for reconsideration with condition to remit 5% of disputed tax demand since the tax proposal was confirmed because the tax payer did not appear for the ...
Tax Guru4h
Special Audits Under GST: Legal Provisions and Judicial Interpretations
Rule 102 of the CGST Rules, 2017: This rule outlines the procedural aspects of a special audit, which includes the issuance of Form GST ADT-03 to direct the audit and Form GST ADT-04 to inform the ...
Tax Guru4h
Non-Executive Director Remuneration: What Shareholders Should Know
Governance Concerns related to the remuneration of the non-executive directors: The governance concerns raised by proxy advisors regarding Non-Executive Director (NED) remuneration highlight the need ...
Tax Guru5h
Addition u/s. 68 remanded back with direction to file all documents explaining source of cash deposits
ITAT Mumbai held that matter regarding addition under section 68 of the Income Tax Act remanded back for fresh consideration directing appellant to file all documents/ details and supporting evidence ...