Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
Beware of GST Payment Demand Fraud Calls! GST Council warns Taxpayers and General Public
The Goods and Services Tax Council is warning the public about phishing scams. According to the Goods and Services Tax Council, they do not initiate...
![[BREAKING] Section 16(4) GST ITC Availment Time Limit is November, Applies Retrospectively from Inception of GST: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/GST-ITC-Input-Tax-Credit-Kerala-High-Court-Inception-of-GST-Section-164-of-the-Goods-and-Services-Tax-Act-GST-ITC-GST-updates-taxscan.jpg "[BREAKING] Section 16(4) GST ITC Availment Time Limit is November, Applies Retrospectively from Inception of GST: Kerala HC [Read Order]")
Allahabad HC dismisses Petitions against Second Extension of Time Period for Show Cause Notice u/s 73 of GST Act [Read Order]
The Allahabad High Court has dismissed a batch of petitions against Section 73 Goods and Services Tax ( GST ) notices issues, invoking the extended period of limitation. In the batch of petitions,...
![Allahabad HC dismisses Petitions against Second Extension of Time Period for Show Cause Notice u/s 73 of GST Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Allahabad-High-Court-Allahabad-HC-dismisses-Petitions-Time-Period-for-Show-Cause-Notice-GST-notices-issues-Taxscan.jpg "Allahabad HC dismisses Petitions against Second Extension of Time Period for Show Cause Notice u/s 73 of GST Act [Read Order]")
GSTN set to Fully Digitalise GST Appeal Process: e-filing facility expected to Expedite Disposal of Tribunal Appeals
The Goods and Services Tax Network ( GSTN ) is set to digitise the entire process of filing appeals with the GST Appellate Tribunal ( GSTAT ), aiming to streamline dispute resolution and reduce...
CBIC issues Strict Guidelines for GST Demand Recovery Proceedings before Expiry of 3 Months [Read Order]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the Guidelines for initiation of recovery proceedings before three months from the date of service of demand order. The Board...
![CBIC issues Strict Guidelines for GST Demand Recovery Proceedings before Expiry of 3 Months [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CBIC-Notification-GST-Demand-Recovery-GST-CBIC-Guidelines-TAXSCAN-2.jpg "CBIC issues Strict Guidelines for GST Demand Recovery Proceedings before Expiry of 3 Months [Read Order]")
MODVAT Credit Exclusion from Value of Capital Goods: Allahabad HC dismisses Revision Petition against Tata Steel Ltd for Inconsistent Grounds [Read Order]
A Single Bench of the Allahabad High Court has dismissed a revision petition filed against Tata Steel Limited, with respect to exclusion of MODVAT Credit from the Value of Capital Goods. The...
Lok Sabha Elections 2024: Search and Seizure Ops by Income Tax Dept intercept Rs. 1100 Crore Cash and Jewellery during Illegal Movements
According to sources, by the end of May 30th, the Income Tax Department had seized approximately Rs 1100 crore in cash and jewellery, compared to the Rs 390 crore seized during the 2019 Lok Sabha...
Financial Reporting for Companies: 7 Objectives to Keep in Mind during Preparation and Audit of Financial Statements
Financial statements provide the exact and lucid mirror image of the financial state of a company, firm or enterprise in business finance. Financial statements, including Balance Sheet, Profit and...
