M/s Bhaurao Chavan SSK Ltd.

Bullock Carts - No Service Tax - Tyres - Drivers - Taxscan

No Service Tax on Rent received from Bullock Carts with Tyres & without Driver: CESTAT [Read Order]

February 28, 2020

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GST: Mere suspicion of mis-classification of Goods can’t be the basis for a Detention of Goods, says Kerala High Court [Read Order]

January 16, 2021

The Kerala High Court held that mere suspicion of mis-classification of goods cannot be the basis for a detention of goods. The writ petitions raise a common challenge to the legality of orders of detention passed by the respondents authorities under the GST Act. The petitioner, M/s Podara Foods India is a Company engaged in […]

Lower Remuneration paid to Fund Manager for FY 2020-21 requires no approval but will require approval in FY 2021-22: CBDT [Read Circular]

January 16, 2021

The Central Board of Direct Taxes (CBDT) announced that the lower remuneration paid to fund managers for Financial Year 2020-21 requires no approval but it will require approval in Financial Year 2021-22. The CBDT, has decided to provide that for the financial years 2019-20 and 202021 in cases where the remuneration paid to the fund […]

Uttarakhand High Court directs CBDT to leniently consider representation on Extension of due date for filing Tax Audit Reports & Income Tax Returns [Read Judgment]

January 16, 2021

The Uttarakhand High Court while keeping in mind the hardships suffered due to COVID-19 pandemic, directed the Central Board of Direct Taxes (CBDT) to leniently consider representation on the extension of due date for filing Tax Audit Report and Income Tax Return. The Dehradun Chartered Accountants Society has filed this PIL with the prayer to […]

Notional Interest earned on the Security Deposit not to be taken into consideration while Computing total Rental Income: AAAR [Read Order]

January 16, 2021

The Karnataka Authority of Advance Rule (AAAR), while modifying the order passed by the AAR ruled that the notional interest earned on the security deposit not to be taken into consideration while computing total rental income. The Appellant, M/s Midcon Polymers Pvt. Ltd. is engaged in the business of renting of commercial property on monthly […]

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GST: Mere suspicion of mis-classification of Goods can’t be the basis for a Detention of Goods, says Kerala High Court [Read Order]

January 16, 2021

Lower Remuneration paid to Fund Manager for FY 2020-21 requires no approval but will require approval in FY 2021-22: CBDT [Read Circular]

January 16, 2021

Uttarakhand High Court directs CBDT to leniently consider representation on Extension of due date for filing Tax Audit Reports & Income Tax Returns [Read Judgment]

January 16, 2021

Notional Interest earned on the Security Deposit not to be taken into consideration while Computing total Rental Income: AAAR [Read Order]

January 16, 2021

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