Kerala GST Dept. Notifies Manner Of Penalty Calculation Under IGST Act, 2017
The Kerala GST Department has notified the manner of penalty calculation under IGST Act, 2017 for the show cause notices...
Delhi High Court Deletes Income Tax Addition On Perquisite Value Of Shares Granted Under Employees Stock Purchase Scheme
The Delhi High Court deleted the Income Tax addition on perquisite value of shares granted under employees stock...
Value Adopted By Stamp Valuation Authority On Date Of Agreement To Be Taken For Computing Full Value Of Consideration Of Transfer U/s 50-C Of Income Tax Act: Karnataka High Court
Author: Khushi J Prajapati In a recent ruling, the Karnataka High Court has determined that in order to assess the...
Flipkart Employee Retains ESOPs Even After Receipt Of Compensation, Receipt To Be Taxed As Salary: Madras High Court
The Madras High Court has held that the Flipkart employee retains employee stock ownership plan (ESOP) even after...
TDS Collected From Deceased Accident Victim: Andhra Pradesh High Court Grants Liberty To Insurance Company To Object Income
The Andhra Pradesh High Court granted liberty to the insurance company to object the income. The bench noted that as...
12% GST Payable On Geo Membrane: Gujarat High Court
The Gujarat High Court has ruled that 12% GST is applicable on geo membranes. The court observed that the product...
GST Acts Restrains Assessee In Default To Transfer Assets With A Motive To Defeat Revenue's Interest: Madras High Court
Author: Khushi J Prajapati The Madras High Court ruled that GST laws make it impossible for debtors to part with...
15% Dividend Distribution Tax Payable By Company Which Declared, Distributed Or Paid Dividend: Delhi High Court
The Delhi High Court ruled that the Dividend Distribution Tax (DDT) is payable by a company which declared, distributed...
The Bills Of Lading Bill, 2024: A Revised Structure for Maritime Trade
Author: Khushi J Prajapati The amended bill of Bill Of Lading 2024 was introduced in Lok Sabha by Sarbananda Sonowal,...
ITAT Chennai Allows Income Tax Deduction U/s 54F On Construction Of New Residential Unit
The Income Tax Appellate Tribunal, Chennai, allowed the Income Tax deduction U/s 54F on construction of new residential...
Exporter Can't Claim Export Incentives Merely On The Basis Of Inaction Of Customs Dept. In Taking Punitive Action: Madras High Court
The Madras High Court has held that the exporter can't claim export incentives merely on the basis of inaction of the...
No Recommendation By GST Council For Limitation Extension Allowing GST Dept. To Issue S. 73 Notice: Gauhati High Court
The Gauhati High Court ruled that there is no recommendation by GST council for limitation extension allowing the GST...
