16 Proposed amendments to CGST in Union Budget 2020
The Finance Minister Nirmala Sitharaman on Saturday through the union Budget has proposed the following 16 amendments to the Central Goods and Service...
![Non-Availability of PAN of Deductee is not an excuse escape from filing TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/filing-TDS-Non-Availability-PAN-ITAT-Taxscan.jpg "Non-Availability of PAN of Deductee is not an excuse escape from filing TDS: ITAT [Read Order]")
![Penalty u/s 112 Can’t be imposed unless Evidences to Show Prior Knowledge of Fraud and Wrongful Intent: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/CESTAT-Taxscan.jpg "Penalty u/s 112 Can’t be imposed unless Evidences to Show Prior Knowledge of Fraud and Wrongful Intent: CESTAT [Read Order]")
![Conscious Act of Contravention of Provisions of Section 171 (1) of CGST Act Leads to Penalty: NAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/NAA-GST-Taxscan.jpg "Conscious Act of Contravention of Provisions of Section 171 (1) of CGST Act Leads to Penalty: NAA [Read Order]")
Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]
In a recent case, the Income Tax Appellate Tribunal (ITAT), Ahmedabad held that if the assessee failed to furnish full details of income required by Assessing Officer, by virtue of Section 271(1)(c)...
![Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan-1.jpg "Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]")
![Penalty u/s 271B not attracted on Tax Calculated on Estimate Basis: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/PAN-Penalty-TAN-Taxscan.jpg "Penalty u/s 271B not attracted on Tax Calculated on Estimate Basis: ITAT Hyderabad [Read Order]")
Finance Ministry prescribes Fees of Rs. 2K for Filing Appeal against Penalty Order under Benami Act [Read Notification]
The Ministry of Finance has notified the Prohibition of Benami Property Transactions (1st Amendment), Rules, 2019 to prescribe fees of Rs. 2,000 for filing an appeal against penalty order under the...
![Finance Ministry prescribes Fees of Rs. 2K for Filing Appeal against Penalty Order under Benami Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/10/Benami-Law-Taxscan.jpg "Finance Ministry prescribes Fees of Rs. 2K for Filing Appeal against Penalty Order under Benami Act [Read Notification]")
Capitalising Amounts by Transferring to Capital Account without Crediting to Profit and Loss Account attracts Penalty: ITAT [Read Order]
In a recent case, the Income Tax Appellate Tribunal ( ITAT ) Delhi upheld the view of Assessing officer(AO) that on one hand the assessee had made the borrowers and paid interest on such borrowers and...
![Capitalising Amounts by Transferring to Capital Account without Crediting to Profit and Loss Account attracts Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Capital-Asset-Taxscan.jpg "Capitalising Amounts by Transferring to Capital Account without Crediting to Profit and Loss Account attracts Penalty: ITAT [Read Order]")
GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]
The Chennai Bench of Authority of Advance Rulings ( AAR ) in an application filed by M/s Chennai port Trust held that interest, late fee and penalty due to delayed payment of consideration received...
![GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/08/Surcharge-GST-Taxscan.jpg "GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]")
![Appellate Authority imposes Rs. 50k Penalty on ICAI [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/10/Appellate-Authority-ICAI-Taxscan.jpg "Appellate Authority imposes Rs. 50k Penalty on ICAI [Read Order]")
Relief for Google - No Penalty under Section 271(1)(c) if the matter has been admitted by High Court: ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of M/s Google India Pvt. Ltd. v. The Assistant Commissioner of Income Tax held that no penalty can be levied under Section...
![Relief for Google - No Penalty under Section 271(1)(c) if the matter has been admitted by High Court: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Google-India-Taxscan.jpg "Relief for Google - No Penalty under Section 271(1)(c) if the matter has been admitted by High Court: ITAT [Read Order]")