Kerala HC Orders Stay on Recovery of Demand; Urges Prompt Resolution of Appeal and Stay Petition Within Two Months [Read Order]
The Kerala High Court has intervened in a case involving the recovery of demand by the Income Tax Department, emphasising the importance of a fair and expedited appeals process. The case revolves around the petitioner,
Consignment Note Absence Invalidates Service Tax Claim for GTA: CESTAT [Read Order]
The Delhi bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) has ruled that the absence of a consignment note invalidates the service tax claim for the Goods Transport Agency (
Residential Units are not Liable to Service Tax: CESTAT sets aside Service Tax Demand with Interest and Penalties [Read Order]
The Ahmedabad bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) has set aside the service tax demand, along with interest and penalties, stating that residential units are not liable to
No Arrest to be made by GST Officers on Suspicion: Supreme Court highlights Requirement of Verifiable Material to Substantiate
The Supreme Court Bench of Justices Sanjiv Khanna, MM Sundresh, and Bela M Trivedi made several critical observations regarding the powers and procedures related to arrests by GST (Goods and Services Tax) officers recently. The
Interested in a Career as a GST Practitioner? Here’s What you Need to Do!
A GST Practitioner is a tax professional authorised to prepare returns and conduct related tasks based on information provided by a taxable person. However, the ultimate legal responsibility for these filings rests with the taxpayer.
Work-Life Balance in Accounting Firms: Need for Flexible Working Hours During Tax Season
Innovation in Technology impacted almost all sectors of our economy. Also with lockdown declared due to the COVID-19 pandemic changed the perspective of traditional  9-5 work schedule. Now the technology makes it easier to access
CESTAT Weekly Round Up
This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported at taxscan.in, from May 4, 2024 to May 10, 2024 CESTAT allows Refund of Service Tax
Madras HC dismisses WP against Revision Order, Stresses Distinction from Scrutiny Assessment Order u/s 143(3) of IT Act; Directs Pursuit of Statutory Appeal [Read Order]
The Madras High Court has upheld an order under Section 263 of the Income Tax Act, dismissing a writ petition filed against it. The court emphasised the clear distinction between the scrutinised assessment order under
Service Tax Leviable by Recipient in India for Service Received from Abroad After Enactment of Section 66A of Finance Act: CESTAT [Read Order]
The Kolkata bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that the recipient in India is liable to service tax for the service received from abroad only from
Ship Fuel Oil, Foodstuff not considered Inputs Ship Breaking Scrap Manufacture directly or indirectly: Gujarat HC upholds CESTAT Order [Read Order]
In a recent case, the Gujarat High Court while upheld  the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) order held that Ship Fuel oil, Food Stuff are not considered inputs of ship
IT Giants predict Conservative Growths in FY25: Know the Implications on Goods and Services Tax Collection
The IT sector predicts mid-to-high single digit revenue growth in the upcoming fiscal year, leading major companies to adopt a more cautious approach in their FY25 projections. This adjustment reflects expectations of delays in project
Supreme Court and High Courts Weekly Round up
This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in from May 04th, 2024 to May 10th, 2024. SUPREME COURT Amounts covered by Security deposits under
Proper Officer failed to Explain Reason for Recovering Amount u/s 78 of TNGST Act before Limitation Period: Madras HC directs Refund [Read Order]
The Madras High Court directed the refund of the recovered amount as the proper officer failed to explain the reason for recovering the amount under Section 78 of Tamil Nadu Goods and Services Tax, 2017
Tax Liability Confirmed due to Wrong availment of ITC and and failure to reply SCN: Madras HC sets aside Order on 10% Pre-deposit [Read Order]
The Madras High Court recently overturned a Goods and Services Tax ( GST ) order, requiring a pre-deposit of 10%. The order had confirmed the tax liability based on alleged wrongful availment of Input Tax
Failure to file ITR on Grounds of Illness and Demise of CA: Madras HC Condones Delay of 927 Days [Read Order]
In a recent ruling, the Madras High Court condoned the delay of 927 days. The court considered the failure to file the Income Tax Returns ( ITR ) on grounds of illness and subsequent  demise