UAE VAT: Federal Tax Authority Clarifies Regulations Regarding VAT for the Real Estate Sector
The Federal Tax Authority (FTA) has clarified regulations pertaining to Value Added Tax (VAT) when it comes to the real estate sector, stating that...
![Re-Assessment Only on the direction from Superiors is Invalid when AO was satisfied that Original Assessment was Proper: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Re-Assessment Only on the direction from Superiors is Invalid when AO was satisfied that Original Assessment was Proper: ITAT [Read Order]")
![No Penalty If Assessee made Bonafide Mistake in Returns and Revised the same Later: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty If Assessee made Bonafide Mistake in Returns and Revised the same Later: ITAT [Read Order]")
CBEC clarifies Issues on Applicability of GST and Availability of ITC in respect of Certain Services [Read Circular]
The Central Board of Excise and Customs (CBEC) has made clarification regarding the applicability of GST and availability of Input Tax Credit (ITC) in respect of certain services. It was declared...
![CBEC clarifies Issues on Applicability of GST and Availability of ITC in respect of Certain Services [Read Circular]](https://www.taxscan.in/wp-content/uploads/2017/09/Input-Tax-Credit-Taxscan.jpg "CBEC clarifies Issues on Applicability of GST and Availability of ITC in respect of Certain Services [Read Circular]")
![Due Date for filing GST TRAN-1 Again Extended [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Form-GST-TRAN-1-Taxscan.jpg "Due Date for filing GST TRAN-1 Again Extended [Read Order]")
Govt Extends Due Dates for furnishing FORM GSTR-1 by taxpayers with Aggregate Turnover of More than Rs.1.5 crores [Read Notification]
The Central Government extended the due dates for the furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs.1.5 crores under the Central Goods and Services Tax Act,...
![Govt Extends Due Dates for furnishing FORM GSTR-1 by taxpayers with Aggregate Turnover of More than Rs.1.5 crores [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/09/GSTR-1.jpg "Govt Extends Due Dates for furnishing FORM GSTR-1 by taxpayers with Aggregate Turnover of More than Rs.1.5 crores [Read Notification]")
Due Dates for Filing GSTR-1 by Tax Payers with Aggregate Turnover of up to Rs.1.5 crore Notified [Read Notification]
The Central Government has prescribed the due dates for quarterly furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crore under the Central Goods and Services Tax...
![Govt Notifies Due Dates for furnishing FORM GSTR-3B till March 2018 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/09/GSTR-3B-GST-Returns-Extension-Taxscan.jpg "Govt Notifies Due Dates for furnishing FORM GSTR-3B till March 2018 [Read Notification]")
Re-Assessment based on Enquiry Conducted on Third Party Opinion and Without Application of Mind of the AO is Invalid: ITAT [Read Order]
Delhi bench of Income Tax Appellate Tribunal (ITAT) has held that the re-opening of assessment under section 147/148 of the Income Tax Act, 1961 cannot be made merely based on enquiry conducted on the...
![Re-Assessment based on Enquiry Conducted on Third Party Opinion and Without Application of Mind of the AO is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "Re-Assessment based on Enquiry Conducted on Third Party Opinion and Without Application of Mind of the AO is Invalid: ITAT [Read Order]")
Amount Received by Assessee from Firm as a beneficiary can’t be treated as ‘Unexplained’: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that amounts received by the assessee from the firm as a beneficiary cannot be treated as unexplained for the purpose of...
![Amount Received by Assessee from Firm as a beneficiary can’t be treated as ‘Unexplained’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "Amount Received by Assessee from Firm as a beneficiary can’t be treated as ‘Unexplained’: ITAT [Read Order]")