GST Return: GSTR-2B for April 2021 will be generated after the Due dates, says GSTN
The Good and Service Tax Network (GSTN) said that the GSTR-2B for April 2021 will be generated after the Due dates. The Rule-60(7) of CGST...
![Madras High Court allows Benefit of CENVAT Refund, as Credit of Duty was not able to use after introduction of GST [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Madras-High-Court-CENVAT-refund-GST-Taxscan.jpg "Madras High Court allows Benefit of CENVAT Refund, as Credit of Duty was not able to use after introduction of GST [Read Order]")
![Income Tax Department finalises ITBA Assessment Module for Selection of Scrutiny cases under CASS [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/Income-Tax-Dept-ITBA-Assessment-Module-Scrutiny-cases-CASS-Taxscan.jpg "Income Tax Department finalises ITBA Assessment Module for Selection of Scrutiny cases under CASS [Read Circular]")
![ITAT rejects Invocation of LOB and allows Indo-UAE Tax Treaty benefits on Shipping Income to Company managed and Controlled in UAE [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-LOB-Indo-UAE-tax-treaty-benefits-Shipping-Income-Taxscan.jpg "ITAT rejects Invocation of LOB and allows Indo-UAE Tax Treaty benefits on Shipping Income to Company managed and Controlled in UAE [Read Order]")
Amendment restricting Section 54 Deduction to only One Residential House is prospective: ITAT allows Deduction [Read Order]
The Income Tax Appellate Tribunal (ITAT), Agra Bench while allowing the deduction ruled that the Amendment restricting Section 54 deduction to only one residential house is prospective. The...
![Amendment restricting Section 54 Deduction to only One Residential House is prospective: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Amendment-restricting-Section-54-deduction-residential-house-ITAT-deduction-Taxscan.jpg "Amendment restricting Section 54 Deduction to only One Residential House is prospective: ITAT allows Deduction [Read Order]")
Subsequent Amendment to Application before Settlement Commission would invalidate the Original Application: Madras High Court
The Madras High Court ruled that the application filed under section 245(C) must contain true and full disclosure of income, subsequent modification would dis-entitle Settlement Commissioner to...
![Govt. revises Import policy for Tur / Pigeon Peas, Moong & Urad to Free [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/Import-policy-for-Tur-Pigeon-Peas-Moong-Urad-Taxscan.jpeg "Govt. revises Import policy for Tur / Pigeon Peas, Moong & Urad to Free [Read Notification]")
GST Authorities can’t deny Revocation of GST Registration for alleged incorrect ITC availment: Madras High Court [Read Order]
The Madras High Court ruled that the GST Authorities can not deny Revocation of GST Registration for alleged incorrect availment of Input Tax Credit (ITC). The petitioner, Ramakrishnan Mahalingam...
![GST Authorities can’t deny Revocation of GST Registration for alleged incorrect ITC availment: Madras High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/GST-Authorities-Revocation-of-GST-Registration-ITC-availment-Madras-HC-Taxscan.jpeg "GST Authorities can’t deny Revocation of GST Registration for alleged incorrect ITC availment: Madras High Court [Read Order]")
All you need to know about Filing of Income Tax Return of Deceased Person and Consequence of Non-Filing
We all know the rules and regulations about filing Income Tax Return when we are alive. However, many of us do not know what the Income Tax rule states in case of the death of the taxpayer. It is...
Income Tax: Carbon Credit Receipts being 'Capital' in nature, can't be Taxed as Business Income, says Madras High Court
The Madras High Court while remitting the matter to AO for fresh adjudication ruled that Carbon Credit receipts cannot be considered as business income, it is a capital receipt. The revenue raised...
Chartered Accountants Association condemns Illegal Arrest of CA, submits Representation to Police [Read Letter]
The Chartered Accountants Association, Surat has submitted a representation to the Commissioner of Police, Surat in the light of an illegal arrest of one its members last month. As per the...
