From Swipe to Swipe: Bumble Date Takes a Pricey Turn with a Rs. 23k Non-GST Bill
A casual Bumble date took an unexpected turn for a young man in Pune, unfolding at the local pub. The incident gained attention when journalist Deepika Narayan Bhardwaj shared both the bill and the victim's
GST: Due Date for Filing Returns by Composition Dealers Changed [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the new dates for filing returns by the composition dealers in Form CMP-08 and GSTR-4. According to the notification, the composition taxpayers
No TDS on Cash Withdrawal u/s 194N for Forex Authorised dealers & Full-Fledged Money Changers: CBDT [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has notified that, Tax Deduction at Source ( TDS ) under Section 194N of the Income Tax Act, 1961 is not applicable on cash withdrawal for
Govt reveals GST Collection for December and January
The Ministry of Finance today revealed the total GST revenue received by the Government for the months December and January. The total revenue received under GST for the month of December 2017(received in December/January up
Issuance of Notice u/s 148 of Income Tax Act for Reassessment against Deceased Person is invalid: ITAT quashes Order [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) quashed the order passed by the assessing officer against a deceased person by issuing notice under section 148 of the Income Tax Act,1961 for reassessment. 
No Service Tax on Documentation Services provided by Automobile Dealers: CESTAT [Read Order]
The Delhi bench of the CESTAT, in M/s Marudhara Motors v. CCE, held that the documentation services provided by automobile dealers would not attract service tax as the same was not providing on behalf of
Unregistered Dealers can Claim Cenvat Credit for Goods Purchased before GST Rollout on the basis of CTD [Read Notification]
The Central Government notified that the dealers who are not registered under the Central Excise Act but is registered with the Central Goods and Service Tax Act (CGST) can claim Cenvat Credit for goods purchased
Maharashtra Govt to Take Strict Penal Actions against Persons including Composition Dealers for Not Displaying GSTIN in Sign Boards
With a view to curb tax evasion after the rollout of Goods and Services Tax (GST) laws, the Maharashtra State Government has initiated penal proceedings against the traders for non-compliance with the legal provisions mandating
VAT Dealer be provided with Reasonable Opportunity of being heard prior to Assessment Order: Madras High Court [Read Order]
The Madras High Court held that the dealer must be afforded reasonable opportunity of being heard prior to framing of an assessment. The petitioner, M/s.Sham Interiors challenged two orders of assessment, both dated January 18,
GST: Gujarat High Court stays Recovery of dues of Deceased dealer by Auctioning his Mother’s Immovable Property [Read Order]
The Gujarat High Court stayed the recovery of dues of the deceased dealer by auctioning his mother’s immovable property. The principal argument of Mr. Trivedi, the counsel for the petitioner is that the respondents could
Bombay HC upholds Amendment in Bombay Sales Tax Act treating ‘Port Trusts’ as Deemed Dealers [Read Judgment]
The State of Maharashtra on November 7th got green flag from the High Court of Bombay to treat the Port Trusts as deemed dealers. A division bench of the Bombay High Court, has upheld the
Madras HC quashes demand of Tax from Motor Car Dealers on Trade Discount [Read Judgment]
The Madras High Court has quashed an order by the Income-tax department where it has demanded tax on trade discounts received by dealers in the sale of Motor Car. The petitioner Kun Motor Company Pvt.
Retrospective Cancellation of Registration of Purchasing Dealer does not affect Right of Selling dealer for Deduction: Rajasthan HC [Read Order]
The Rajasthan High Court held that the retrospective cancellation of registration of Purchasing Dealer does not affect the right of selling dealer for deduction. Mr. Ayush Singh Advocate on behalf of Mr. Punit Singhvi, counsel
Gifts to Dealers and “Shagun” during Marriage of Dealers and Staff are Effective Tools for Business Promotion and Social Welfare, Deductible: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that gifts to dealers and “Shagun” during the marriage of dealers and staff are effective tools for business promotion and social welfare and
Penalty can’t be levied on a Bonafide Dealer for purchasing Goods from Dealer whose VAT Registration was subsequently Cancelled: Allahabad HC [Read Order]
The Allahabad High Court has recently held that a bonafide dealer cannot be punished for making purchases with a dealer whose registration was subsequently cancelled by the department under the UP Value Added Tax Act.