Delhi HC Invalidates Assessment Order Citing Non Consideration of Reply & Evidence; Orders Re-Adjudication with Opportunity for Filing Additional Reply & Personal Hearing [Read Order]
The Delhi High Court has invalidated an assessment order issued by the Commissioner of Delhi Goods and Service Tax ( GST ), emphasising the failure to duly consider the detailed response and evidence submitted by
Jurisdictional Powers of GST Joint Commissioner (Investigation) Enforcement Wing under Challenge: Rajasthan HC stays Coercive Actions against Petitioner
A Division Bench of the Rajasthan High Court has stayed coercive steps against petitioner as the jurisdictional powers of the Goods and Services Tax ( GST ) Joint Commissioner, (Investigation) Enforcement Wing came under challenge.
Transaction of Deposit by Assessee Company were Genuine: ITAT deletes Unexplained Credits u/s 68 of Income Tax Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted unexplained credits under Section 68 of the Income Tax Act, 1961, as it found the deposit transactions by the Assessee Company to
Income Tax Dept releases Online, Offline and Java JSON Utilities for ITR-3 FY 2023-2024 Return Filing
The Income Tax Department has released a range of filing options to simplify the process for taxpayers required to submit ITR-3 for the financial year 2023-24 (Assessment Year 2024-25).  Online Utility - This web-based platform
GST Consultant fails to inform GST Proceedings w.r.t. GSTR 3B vs 2A Disparity: Madras HC mandates 10% Pre-deposit for Remand [Read Order]
In a recent ruling, the Madras High Court mandated a 10% pre-deposit for the reconsideration of a case where the petitioner was unaware of Goods and Services Tax ( GST ) proceedings due to the
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
ITC availed Reversed due GSTR 3B returns and GSTR 2A Discrepancy : Madras HC orders 10% Pre-deposit for Reconsideration [Read Order]
The Madras High Court ordered reconsideration of the  issue of Input Tax Credit ( ITC ) under Goods and Services Tax ( GST ) reversed due to the discrepancy in GSTR 3B returns and GSTR
Madras HC Orders 10% Pre-deposit for Reconsideration of GST Demand Arising from Wrongful ITC Claim Amid Non-Response to SCN & Personal Hearing [Read Order]
The Madras High Court mandated 10% pre-deposit of disputed tax for the reconsideration of the Goods and Services Tax ( GST ) demand arising from the wrongful availment of Input tax Credit ( ITC )
Madras HC Remands Income Tax Reassessment & Penalty Orders Citing Lack of Participation; Directs Petitioner to Respond to SCN [Read Order]
The Madras High Court has rendered a verdict remanding income tax reassessment and penalty orders, highlighting a critical deficiency in the participation of the petitioner. The case revolves around two writ petitions filed by Vijayakumar,
Adjournment Request Disregarded, No Reasonable Hearing Opportunity Provided: Madras HC sets aside GST Demand Order [Read Order]
The Madras High Court quashed the Goods and Services Tax ( GST ) demand order as the adjournment request of the petitioner was disregarded and no reasonable opportunity was provided. Thus, the court was deemed to
GST Liability of 8.3L Confirmed on alleged Misconception of Intra and Inter State Sales : Madras HC remands for Reconsideration on Pre-deposit [Read Order]
In a recent ruling, the Madras High Court directed reconsideration of the matter with respect to the Goods and Services Tax ( GST ) liability of Rs. 8.3L confirmed on misconception of Intra and Inter
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
Assessment Reopening Notice issued by JAO not in accordance with Section 151A of Income Tax Act is invalid: Bombay HC [Read Order]
A Division bench of the Bombay High Court held that the notice for reopening of assessment is  invalid on mere belief of escapement of income when the deduction under Section 80JJAA of the Income Tax
GST ITC Limited to Employer’s Cost for Canteen Facility, Excluding Employee Contributions: Gujarat AAR [Read Order]
The Gujarat bench of Authority for Advance Ruling ( AAR ) ruled that the Goods and Service Tax Input Tax Credit ( ITC ) was limited to the employer's cost for canteen facility, excluding contributions