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GST

BJP Minister Nitin Gadkari Questions Imposition Of 18% GST On Life Insurance And Medical Insurance Premiums: Read Letter

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Direct Tax

Reassessment Notice Issued By JAO Is Invalid: Bombay High Court

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Direct Tax

Fresh Registration Of Charitable Trusts Could Be Granted Only From Year Of Preferring Application: ITAT     

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Direct Tax

ITAT Deletes Income Tax Addition Sold Based On Statements Recorded Without Corroborative Evidence Of Unaccounted Sales

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Direct Tax

CBDT Specifying Circumstances For Enquiries/Verification Functions

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International Taxation

Assessee Unaware About Income, Expenses And Tax Law; Canada Tax Court Deletes Gross Negligence Penalty

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Direct Tax

Loan Repayment Supports The Genuineness Of Transactions; ITAT Deletes Income Tax Addition

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Indirect Taxes

No Service Tax Payable On Logistic/Handling Services Carried Out By Car Trader: CESTAT

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Indirect Taxes

Exchanging Money Without Issuing Invoice Can’t Be An Act Of Attempting Improper Export Of Goods: CESTAT Deletes Penalty

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Indirect Taxes

No Tax On Consumption Of Electricity By Central Govt Agencies After Sale By Board: Punjab And Haryana High Court

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Company & PMLA

Filing Without Vakalatnama, Certified Copy, Affidavit would Stop Limitation: NCLAT

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Indirect Taxes

No Service Tax Chargeable On Affiliation Fees Paid To Universities: Karnataka High Court

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Direct Tax

Income Tax Deduction Allowable On Interest Income Earned From Deposits With Co-operative Banks: ITAT

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Company & PMLA

NCLT EMPOWERED TO ADJUDICATE DISPUTES ARISING FROM INSOLVENCY OF CORPORATE DEBTOR: MUMBAI NCLT

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Indirect Taxes

HYDROELECTRIC PROJECTS CAN’T BE SEPARATED FROM DAMS ELIGIBLE FOR SERVICE TAX EXEMPTION NOTIFICATION: CESTAT

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Company & PMLA

INSISTENCE ON CLEARING PAST DUES CONTRADICTS REHABILITATIVE INTENT OF IBC CALLS FOR JUDICIAL INTERVENTION: DELHI HIGH COURT

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Indirect Taxes

PNB WORKING AS RBI AGENT FOR DISCHARGE OF SOVEREIGN FUNCTIONS, NO SERVICE TAX APPLICABLE: CESTAT

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International Taxation

Income Tax Electronic Filing System Stands In Clerk’s Place; Last Day For Electronic Filing Ends Where Clerk’s Office Ends: US Tax Court

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GST

Work Allotted By Maharashtra Jeevan Pradhikaran As Part Of Jal Jeevan Mission Exempted From GST : Maharashtra AAR

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GST

GST Exemption On Hostel Accommodation Services Provided For 10 Months: Maharashtra AAR

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GST

18% GST Payable By Maharashtra Metro Rail Corp. On Providing Leasing Services: Maharashtra AAR

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GST

GST Not Applicable On Penalties, Late Fees, Penal Interest, Fine Collected By RBI, Of Law: Maharashtra AAR

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Direct Tax

AO Yet To Frame Assessment, Writ Court Should Not Interfere At Premature Stage: Punjab And Haryana High Court

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CCI

Information appear to be individual/contractual disputes: CCI  Dismisses Complaint Against PayTm, Aditya Birla Finance, Bharti Airtel, Central Bank

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GST

DGGI Slaps Rs. 32,403 Crore IGST Demand Notice On Infosys: Read Demand Notice

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GST

Writ Court Has Ample Powers To Condone Delay Which GST Authority Can’t: Rajasthan High Court

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Indirect Taxes

Misdeclaration Made By Importer, Customs House Agent Did Not Violate CBLR, 2013: Delhi High Court

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Company & PMLA

Assets To Be Sold To Pay Off Dues, NCLT Orders Liquidation Of Future Retail 

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Direct Tax

PROCEEDINGS IMPOSING PENALTY ON CONTRAVENTION OF PENAL PROVISIONS ARE QUASI-CRIMINAL ONUS ON DEPT. TO GIVE CATEGORICAL FINDING: ITAT

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Direct Tax

NO ASSESSMENT PROCEEDINGS PENDING AS OF SEARCH DATE: ITAT UPHOLDS DELETION OF INCOME TAX ADDITION TOWARDS UNEXPLAINED EXPENDITURES

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We cover a wide range of topics including court judgments, landmark rulings, legal news, articles, circulars, orders, notifications, and expert opinions that impact businesses, individuals, and institutions.

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