The Income Tax Appellate Tribunal ( ITAT ) Kolkata on 3rd May upheld the a decision of the Commissioner of Income Tax (Appeals) CIT(A) that held gifts to stockiest and dealers not to be treated

A two-judge bench of the Delhi High Court has stayed the notification issued by the State Government cancelling form F issued by a dealer in Delhi. The cancellation was purportedly under rule 8(10) of CST

Due to technical glitches in the Goods and Services Tax Network (GSTN) portal, about 10 lakh dealers are yet to file monthly returns under the new tax law,  said Sushil Kumar Modi, head of the

The Karnataka Commercial Taxes Department has successfully exposed a significant tax evasion scheme related to Input Tax Credit (ITC), involving the issuance of counterfeit invoices. The alleged fraud centres around scrap dealers who are accused

The Income Tax Appellate Tribunal (ITAT) Chennai Bench recently held that the payment made to dealers for sale of fertilizers are in the nature of rebates.Hence,no Tax Deduction at Source should be deducted from assessee.

India’s online gambling and casino industry is on the rise. Despite some states moving to bring the industry under control, the sheer volume on Indian players makes it a lucrative industry for both foreign and local

A Single Bench of the Madras High Court has recently held that dealers cannot be compelled to carry forward Input Tax Credit ( ITC )from extant regime to the Goods and Services Tax ( GST

The Income Tax Appellate Tribunal (ITAT), Delhi bench, while granting relief to Havells India, deleted the disallowance of sales incentives payable to dealers and distributors under the Shahenshah Scheme. The assessee, Havells India Ltd, had

The Mumbai Bench of Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that the Central Value Added Tax (CENVAT)credit on services tax credit paid by automotive dealers would be allowable.   The

The Goods and Services Tax ( GST ) department of the Jammu and Kashmir Government is all set to initiate proceedings against 1300 dealers for not filing GST returns since the rollout of the new

The Authority for Advance Ruling ( AAR ), Kerala has ruled that Input tax paid by a vehicle dealer on the purchase of motor car used for demonstration purpose of the customer can be availed

The Jaipur Bench of Income Tax Appellate Tribunal ( ITAT ) in the case of Shri Virendra kumar Jain v.  ITO held that the dealer in SIM cards, who was paid a commission directly by the

The Delhi Bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) held that CENVAT Credit cannot be avail based on second-stage dealer's invoices. M/s Bonafide Arsts Pvt Ltd., the respondent is a manufacturer of

Pointing out the difficulties faced by the dealers under the new Goods and Services Tax (GST) regime, the District Bar Association, Moga wrote to the Commissioner of GST Policy Wing. The representation sought for an

Recently, in CIT v. M/s.Vinzas Solutions India Private Limited, the division bench of the Madras High Court held that the consideration on the sale and purchase of computer software by a dealer cannot be treated