![GST: CBIC notifies E-Invoice System, Mandatory for Businesses with Rs 100cr Turnover from April 1, 2020 [Read Notifications]](https://www.taxscan.in/wp-content/uploads/2019/11/GST-E-Invoicing-Taxscan.jpg "GST: CBIC notifies E-Invoice System, Mandatory for Businesses with Rs 100cr Turnover from April 1, 2020 [Read Notifications]")
GST: CBIC notifies E-Invoice System, Mandatory for Businesses with Rs 100cr Turnover from April 1, 2020 [Read Notifications]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified E-Invoice System mandatory for business with Rs. 100 crores turnover from April...
![CBIC extends due date of GSTR-3B, GSTR-7 and GSTR-1 in Jammu and Kashmir [Read Notification]](https://www.taxscan.in/wp-content/uploads/2019/11/Jammu-Commissionerate-Notification-Taxscan.jpg "CBIC extends due date of GSTR-3B, GSTR-7 and GSTR-1 in Jammu and Kashmir [Read Notification]")
![Delay in Receiving Export Promotion Copy No Ground for Extension of Time in Rebate Claims: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/11/Settlement-Commission-Delhi-High-Court-Taxscan.jpg "Delay in Receiving Export Promotion Copy No Ground for Extension of Time in Rebate Claims: Delhi HC [Read Judgment]")
![Baked Food having 20% above Meat is classifiable under HSN 1601: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/Dalochar-GST-AAR-Taxscan.jpg "Baked Food having 20% above Meat is classifiable under HSN 1601: AAR [Read Order]")
![Interest Income of Co-Operative Society from Co-operative Bank entitled for Deduction under Sec 80P (2)(d): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Income-Taxscan.jpg "Interest Income of Co-Operative Society from Co-operative Bank entitled for Deduction under Sec 80P (2)(d): ITAT [Read Order]")
NFRA issues Audit Quality Review report of Statutory Audit for 2017-18 of IL&FS Financial Services Limited [Read Report]
The National Financial Reporting Authority ( NFRA ) has issued the Audit Quality Review (AQR) report of the statutory audit for the year 2017-18 of IL&FS Financial Services Limited (IFIN). The...
![NFRA issues Audit Quality Review report of Statutory Audit for 2017-18 of IL&FS Financial Services Limited [Read Report]](https://www.taxscan.in/wp-content/uploads/2019/11/NFRA-Board-ICAI-Taxscan.jpg "NFRA issues Audit Quality Review report of Statutory Audit for 2017-18 of IL&FS Financial Services Limited [Read Report]")
CBIC issues Clarifications on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 [Read Circular]
The Central Board of Indirect Taxes and Customs ( CBIC ) has today issued clarifications Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. In a Circular issued by CBIC said that, Section 124(2)...
![CBIC issues Clarifications on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2019/08/Sabka-Vishwas-GST-Taxscan.jpg "CBIC issues Clarifications on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 [Read Circular]")
Search and Seizure by Police Officials without Invoking Provisions of Section 67 of the AGST Act is against the Law: Gauhati HC [Read Judgment]
In a recent case, the Gauhati High Court held that search and seizure made by the police officials without invoking the provisions of Section 67 of the Assam Goods and Services Tax Act (AGST Act) and...
![Search and Seizure by Police Officials without Invoking Provisions of Section 67 of the AGST Act is against the Law: Gauhati HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/12/Seizure-Gauhati-High-Court-GST-Taxscan.jpg "Search and Seizure by Police Officials without Invoking Provisions of Section 67 of the AGST Act is against the Law: Gauhati HC [Read Judgment]")
Agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’, liable to be Taxed: SC [Read Judgment]
In a recent ruling, the Supreme Court of India has ruled that, agreement to Transfer of Right to use the Vessel would amount to a 'Deemed Sale' and hence liable to be taxed under Karnataka Sales Tax...
![Agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’, liable to be Taxed: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/12/Deemed-Sale-Supreme-Court-Taxscan.jpg "Agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’, liable to be Taxed: SC [Read Judgment]")
Exemption under Section 11 only When Requirements under Sec 11(4A) satisfied: Kerala High Court [Read Judgment]
The Kerala High Court has held that, “in order to decide whether the assessee is entitled to the benefit of the exemption under Section 11, it is necessary for the Tribunal to determine whether it...
![Exemption under Section 11 only When Requirements under Sec 11(4A) satisfied: Kerala High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/GST-Rules-Kerala-High-Court-Taxscan.jpg "Exemption under Section 11 only When Requirements under Sec 11(4A) satisfied: Kerala High Court [Read Judgment]")
Disallowance made by Interpreting Revenue Expenditure as Capital Loss not Sustained: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) in Delhi held that interpretation of the transaction of loss of security in the nature of revenue expenditure as a capital loss, not allowable against the...
![Disallowance made by Interpreting Revenue Expenditure as Capital Loss not Sustained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Revenue-Expenditure-Bombay-HC-Taxscan.jpg "Disallowance made by Interpreting Revenue Expenditure as Capital Loss not Sustained: ITAT [Read Order]")
Chartered Accountants joining Unrecognized ‘Networks’ for Professional Work amounts may result in Disciplinary Proceedings: ICAI
The Institute of Chartered Accountants of India (ICAI) today clarified that, Chartered Accountants joining Unrecognized ‘Networks’ for Professional Work amounts may result in Disciplinary Proceedings....
