Received a GST Demand Order? File Form GST APL-01 Now Following these Steps
Received a GST Demand Order ? Not satisfied with the demand raised by the Goods and Services Tax ( GST ) department? Then file the Form GST APL-01 now. This form facilitates you to file
No Written Communication pertaining to December 2023 Income Tax Raid Received, says Polycab
Polycab India, following a raid by tax authorities in December 2023, disclosed in its earnings report on Friday that it has not received any formal communication from the department regarding the outcome of the search.
No Threat/Coercion during GST Search and Seizure in Attempts to Recovery, SC directs Centre
The Supreme Court instructed the Centre on Wednesday to employ persuasion rather than threats or coercion in pursuing the voluntary payment of Goods and Services Tax ( GST ) dues during search and seizure operations
Taxpayer Substantiates Cash Deposit Source with Sufficient Evidence: ITAT Deletes Addition of 28 lakhs [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) ruled in favor of the taxpayer, deleting an addition of 28 lakhs after the taxpayer successfully substantiated the source of a cash deposit with sufficient
Expenditure incurred by Asian Paints on research and Development Eligible for Deduction u/s 35 (2AB) of Income Tax Act: ITAT [Read Order]
The two member bench of the Income Tax Appellate Tribunal ( ITAT ) Mumbai has ruled that expenditure incurred by Asian Paints on research and development was eligible for deduction under Section 35 ( 2AB
ITAT rules Expenditures on Freebies to Doctors by Pharmaceutical Sector Violate MCI Regulations, Disallows Deductions under Section 37(1) of Income Tax Act [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that expenditures on freebies to doctors by the pharmaceutical sector violate Medical Council of India ( MCI ) regulations and disallows deductions
Updated GST Portal Live Now: Know the Changes
The Goods and Services Tax Network ( GSTN ) has launched the revamped Goods and Services Tax ( GST ) Portal on 3rd May, 2024. The Goods and Services Tax Network ( GSTN ) had
CBDT issues Guidelines and Procedure for Compulsory Selection of Income Tax Returns for Complete Scrutiny for FY 2024-2025 [Read Notification]
The Ministry of Finance, Government of India, has recently issued comprehensive guidelines through the Central Board of Direct Taxes ( CBDT ) for the compulsory selection of returns for complete scrutiny during the Financial Year
Union Finance Minister Administers Oath of Office to Justice (Retd.) Sanjaya Kumar Mishra as First President of GSTAT
The Union Finance Minister Smt. Nirmala Sitharaman administered Oath of Office to Justice (Retd.) Sanjaya Kumar Mishra as the first President of Goods and Service Tax Appellate Tribunal Appellate Tribunal ( GSTAT ). On September
Supreme Court & High Courts Weekly Round up
This weekly round-up analytically summarises the key stories of the Supreme Court & High Court cases reported at taxscan.in, from April 20th, 2024 to May 3rd, 2024. SUPREME COURT Compounding of Offence u/s 137 of
Bribe for Issuing lower TDS Certificate: CBI arrests Mumbai Income Tax Officer Accepting ₹4 Lakhs
The Central Bureau of Investigation ( CBI ) has arrested an Income Tax Officer ( ITO ) of Mumbai for taking a bribe of Rs. 4 lakhs from the complainant alleging that the officer demanded
Junior Associate Vacancy in B. Bhushan & Associates
B. Bhushan & Associates, a boutique law firm specializing in indirect taxation, is excited to announce an opening for the position of Junior Associate at our office in Defence Colony, Delhi. We are seeking motivated
CA, ACCA, MBA Vacancy in Visa
The Visa invited applications for the post Financial Analyst (Audit, GL and US GAAP exp) Qualifications 2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD,
CESTAT quashes Penalty imposed u/s 114(ii) of Customs Act citing lack of Intent to Export Semi-finished Leather [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has overturned a penalty imposed under Section 114(ii) of the Customs Act, 1962, on an exporter for allegedly attempting to export semi-finished leather disguised
Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]
In a recent ruling the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that tax treaty benefits cannot be denied solely based on the mobile number provided in the Income Tax