Furnishing of CST Forms is not mandatory for processing refund, says Delhi HC [Read Judgment]
Delhi High Court directs DVAT Authorities to dispose Refund Claims within 4 weeks, In a recent ruling, the division bench of the Delhi High Court held that furnishing of statutory forms under the CST Act
Purchase Tax is leviable on Purchase Turnover of Empty Bottles for Manufacture and Sale of Beer and IMFL: SC [Read Judgment]
The Supreme Court while upholding the decision of the High Court, held that the purchase turnover of the empty bottles purchased by the assessee from the unregistered dealers under the bought note is exigible to purchase
Disallowance of ITC under TNVAT Act  due to Mismatch and Purchase suppression: Madras HC directs Denovo Adjudication [Read Order]
The Madras High Court directed denovo adjudication on the disallowance of Input Tax Credit (ITC ) claimed under Tamil Nadu Value Added Tax, 2006 ( “TNVAT Act”) due to mismatch, purchase  suppression and availment of
Jammu and Kashmir Govt. extends Amnesty Scheme for settling unresolved GST issues
The Government of Jammu and Kashmir’s Finance Department, has announced an extension of the amnesty scheme for the settlement of unresolved GST issues in the old tax regime for the smooth implementation of Goods and
Madras High Court directs Revenue Authorities not to restrict use of ‘C’ Forms for Inter-State purchases
The Madras High Court directed the Revenue Authorities not to restrict the use of 'C' Forms for inter-State purchases. The petitioner raised the issue  for the issuance of "C" forms under the Central Sales Tax
Tax Recovery notice against Dead Person is invalid: Madras HC quashes proceedings against Wife of Deceased [Read Order]
The Madras High Court has quashed proceedings initiated by the Tamil Nadu Value Added Tax department for Tax recovery against the wife of a dealer who died during the course of pendency of writ petition.
Maharashtra Govt. issues Guidelines for Filing Appeal against Assessment Orders passed Manually [Read Circular]
The Commissioner of State Tax, Maharashtra on Friday issued the trade circular wherein guidelines for filing appeal against assessment orders passed manually, apart from the SAP system, were elaborated. The Maharashtra Government issued the guidelines on
CBDT again extends Electronic Filing of Income Tax Forms 15CA / 15CB
The Central Board of Direct Taxes ( CBDT ) has again extended the electronic filing of Income Tax Forms 15CA/15CB. As per the Income-tax Act, 1961, there is a requirement to furnish Form 15CA/15CB electronically.
Burden to Prove Concession Claimed by Assessee in Original Proceedings Shifted to Dept on Reassessment Proceedings under Sales Tax Tribunal: Allahabad HC [Read Order]
The Allahabad High Court has held that the burden to prove the concession claimed by the assessee in original proceedings shifted to the department on reassessment proceedings under the Sales Tax Tribunal. M/S Amrit Steels,
Enquiry Conducted by Competent Officer is not trial: Kerala HC upholds Cancellation of GST Registration in absence of Contrary Evidence [Read Order]
Upholding the cancellation of GST registration, the Kerala High Court ruled that the enquiry conducted by the competent officer is not trial. The present Writ Petition has been filed by the petitioner, M/s Steel India
No Tax Deductible on Dealership for Sale of SIM Cards and Mobile Recharge Coupons: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that no tax is deductible under Section 194H of the Income Tax Act, 1961. The assessee is deriving income from distributorship of Idea
Designing Charges & Tooling Cost Reimbursed by the Customers is part of ‘Sales Turnover’ under Bombay Sales Tax Act: Bombay HC [Read Judgment]
In Tata Auto Plastic Systems Ltd vs Commissioner Of Sales Tax, the Bombay High Court held that designing charges and tooling cost reimbursed to the applicant by its customers, would form part of the "sale
ICSI reduces Annual Membership Fee for Physically Challenged Members [Read Notification]
The Institute of Company Secretaries India (ICSI) has notified an amendment to the Company Secretaries Regulations, 1982 wherein the institute has decided to reduce the annual subscription fees for members who are physically challenged. As
Retailers need to File Single Returns each Month, says Adhia
Revenue Secretary Hasmukh Adhia, in an interview to PTI, said that assessees will have to file three returns every month is unfounded and retailers or B2C dealers need not give invoice wise details every month.
CBDT again extends Electronic Filing of Income Tax Forms 15CA / 15CB
The Central Board of Direct Taxes ( CBDT ) has again extended the electronic filing of Income Tax Forms 15CA/15CB till August 15th, 2021. As per the Income-tax Act, 1961, there is a requirement to