GSTN to temporarily shut down on 1st July
The Goods and Services Tax Network (GSTN) will not be available on the first anniversary day of GST, i.e, 1st July, GSTN said. As the Goods and Services Tax Network ( GSTN ) is planning
GST Portal to shut down for Two Days
The Goods and Services Tax Network (GSTN) Portal will not be available from 27th August 2018 (11:00 PM onwards) to 28th August (till 6:00 AM), GSTN said Today. As the Goods and Services Tax Network
GSTN Alert: GST Portal to shut down till Tomorrow Morning
The Goods and Services Tax Network ( GSTN ) has informed that the GST portal will not be available to the taxpayers from today 11 p.m to tomorrow 05:00 AM. “We shall be enhancing services
GSTN Alert: GST Portal to shut down for Three Hours Tomorrow
The Goods and Services Tax Network ( GSTN ) will not be available on 26th September from 12:30 AM to 03:30 AM, the GST Portal said. “We shall be enhancing services on the GST portal
GSTN to shut down on 2nd June due to Major Disaster Recovery Drill
As the Goods and Services Tax Network ( GSTN ) is planning a major disaster recovery drill of GST System on 2nd June 2018. Consequently, the taxpayers cannot access the portal on the same day
Deduction for “Foreign project” available to Works in connection with Shut Down of Refinery: Madras HC [Read Judgment]
A two-judge bench of the Madras High Court held that the term “foreign projects” for the purpose of Income Tax deduction under section 80HHB(2)(b)(ii) of the Income Tax Act, 1961 would also include the works
Four Lakh Companies to Face Deregistration for not Filing Income Tax Returns
As part of the Government policy to crackdown on shell companies, over a third of the 11 lakh active Indian companies face the prospect of their names being struck off or deregistered as they have
GST: ITC eligible on Input Services used in Installation of Solar Power Panel, rules AAR [Read Order]
The Tamil Nadu Authority of Advance Ruling (AAR) ruled that Input Tax Credit (ITC) eligible on input services used in installation of Solar Power Panel. The applicant, KLF Nirmal Industries Private Limited has stated that
Karnataka High Court issues instructions to Investigating Officers during Search of Smartphones, Laptops, Electronic Gadgets, Email Accounts [Read Judgment]
The Karnataka High Court issued the instructions to Investigating Officers during Search of Smartphones, Laptops, Electronic Gadgets, Email Accounts, etc. The Petitioner, Mr. Virendra Khanna is an IT Engineer, having studied in M/s RV College
Non-Compliance of Procedure u/s 144B of Income Tax Act: P&H HC nullifies Income Tax Demand Notice [Read Order]
The Punjab and Haryana High Court has invalidated the demand notice and penalty proceedings following an assessment order, due to the non-adherence to clauses (vii) and (viii) of Section 144B(6) of the Income Tax Act.
Govt mulls imposing 18% GST on Cryptocurrencies
Instead of banning cryptocurrencies in India, the Government is likely to impose 18 per cent Goods and Services Tax (GST) on its trading. Reportedly, the tax will be part of a proposal being considered by
Debts incurred due to COVID-19 not ‘Default’ for IBC: Govt. notifies IBC (Amendment) Ordinance, 2020 [Read Notification]
The Ministry of Law and Justice on Friday notified Insolvency and Bankruptcy Code IBC (Amendment) Ordinance, 2020. The government of India has effectively suspended fresh bankruptcy proceedings against persons impacted because of COVID-19 for at
CAs appeal to Govt for Tax Audit Due Date Extension, Starts Hashtag Campaign in Twitter
The Chartered Accountants all over India is requesting the Government to extend the tax audit due date for the current assessment year. As the due date is going to expire within seven days, the auditors
Coimbatore and Tirupur MSMEs grapple with the repercussions of GST, demonetization, and rising electricity tariffs
In Coimbatore and Tirupur, crucial manufacturing zones in South India, the policies of both state and central governments have drawn sharp criticism from Micro, Small, and Medium Enterprises ( MSMEs ). These enterprises, vital to
GST: Govt started issuing Notice for Non-Filing of GSTR-3B before End of Due Date
In spite of extending the last date of filing the FORM GSTR-3B, for the month of April, the Revenue has started issuing notices to the taxpayers for non-filing of FORM GSTR-3B. Today is the revised