The War over Interest
The war has begun. The first missile was fired by the CBIC through the CBEC Members letter F.No. CBEC-20/16/07/2020 Dt. 10.02.2020, wherein it was exhorted that in case of delayed filing of return (GSTR-3B), interest...
Headlines
- Rajasthan HC denies Bail to person alleged for Wrongful availment of ITC until Investigation is complete [Read Order]
- Accidental Recovery of Narcotic Drug by Income Tax Officers would not constitute “Seizure” under NDPS Act: Bombay HC grants relief to Top Birla Executive [Read Judgment]
- Fraudulent Trading in Mindvision Capital Shares: SAT affirms Penalty imposed by SEBI [Read Order]
- Professional Fee received in Cash Deposited to bank Account cannot be suspected: ITAT [Read Order]
- Depreciation can’t be claimed on Undivided Share of Land: ITAT [Read Order]
- Assam Excise Officials have Power to Search and Seize consignments were exported from a State and imported to another: Gauhati HC [Read Order]
- ICAI to set up Centre for Audit Quality
- Income from Maintenance Services Taxable as ‘Other Income’ can’t be included in Rental Income: ITAT [Read Order]
- Bombay HC permits NAA to visit premises of Company to Obtain Records amid COVID-19 Lockdown [Read Order]
- Submission of Soft Copies of Appeal Memos is Optional: CESTAT Temporarily Suspends Amendments in Rules [Read Notification]
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