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Govt. exempts Customs Duty, Health Cess on Import of COVID-19 Test Kits, Ventilators, PPE, Face Masks

The Ministry of Finance has exempted the Customs Duty, Health Cess on Import on COVID-19 Test Kits, Ventilators and Face Masks. In the context of...

Calcutta HC allows Deduction to Other Interest Income apart from 10% Net Profit Transferred to a...

SARC - COVD 19 - ICAI - PM CARES Fund - Taxscan

COVID-19: ICAI pledges to contribute Rs 21 crores to PM CARES Fund

No CPE Programmes till 15th April: ICAI

Secure Your Income Tax E-filing Account from Misuse: CBDT

GST Dept cannot detain Goods for bonafide Misclassifation: Kerala HC [Read Judgment]

In a major relief to Hindustan Coca Cola, the Kerala High Court recently quashed the notices issued by the Goods and Service Tax (GST) department and directed to release the seized goods which were...

COVID-19: Rajasthan HC enables E-Filing Facility for Urgent Matters

In the wake of the outbreak of pandemic Coronavirus (COVID-19), the Rajasthan High Court enabled the E-Filing facility for urgent matters. It is notified that the facility of e-filing of urgent cases...

E-Filing Facility - Income Tax E-Filing - Taxscan

Remuneration to Directors, liable for RCM under GST: AAR [Read Order]

The Rajasthan Authority of Advance Ruling (AAR) ruled the remuneration paid to the directors are liable for the Reverse Charge Mechanism (RCM) under Goods and Service Tax (GST). In an application...

Rajasthan HC strikes down GST Demand against UltraTech for old unpaid dues of Binani Cement [Read Judgment]

The High Court of Rajasthan today struck down the tax demand by the Goods and Service Tax (GST) Department of Rajasthan against UltraTech Cement for old unpaid dues of Binani Cement. The assessee,...

COVID-19: Income Tax, Customs, GST Refunds to be released immediately, says Finance Ministry

The Ministry of Finance said that, IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately. Around 14 lakh taxpayers to benefit. All GST & CUSTOM refunds also to be...

GST Refunds - CBIC - Taxpayers - Fake Messages - Income Tax Refunds - Taxscan

An Incorrect Rejection of Documents would amount to 'Prejudicial of Interest of Revenue': Gauhati HC upholds Revision Order [Read Judgment]

While upholding a revisional order passed by the Additional Commissioner of VAT, a two-judge bench of the Gauhati High Court has held that an incorrect rejection of the documentary evidence would...

Madras HC directs Tax Dept to permit Online facility to Download C Forms for purchase of Petroleum,Natural Gas & Liquor Products [Read Judgment]

The High Court of Madras urged the revenue authorities to restrict the use of C Forms for inter-state purchase of petroleum crude, diesel, petrol, aviation turbine fuel, natural gas and liquor and to...

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