![Madras High Court affirms Transfer of Goods involved in Works Contract amounts to ‘sale’ and entire Turnover is Taxable [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Madras-High-Court-Transfer-of-Goods-Works-Contract-Turnover-Taxable-Taxscan.jpg "Madras High Court affirms Transfer of Goods involved in Works Contract amounts to ‘sale’ and entire Turnover is Taxable [Read Judgment]")
Madras High Court affirms Transfer of Goods involved in Works Contract amounts to ‘sale’ and entire Turnover is Taxable [Read Judgment]
The Madras High Court held that the transfer of goods involved in works contract would amount to ‘sale’ and the entire turnover is taxable. The...
![Madras High Court quashes Interest levied u/s 50 of GST Act and directs Dept to refund Seized Amount [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/11/Madras-High-Court-Interest-levied-GST-Act-refund-Seized-Amount-Justice-Anita-Sumanth-Taxscan.jpeg "Madras High Court quashes Interest levied u/s 50 of GST Act and directs Dept to refund Seized Amount [Read Judgment]")
![GST: CBIC issues administrative instruction for Recovery of Interest on Net Cash liability retrospectively from July 1, 2017 [Read Instructions]](https://www.taxscan.in/wp-content/uploads/2020/09/GST-CBIC-administrative-instruction-Interest-Net-Cash-Liability-Taxscan.jpg "GST: CBIC issues administrative instruction for Recovery of Interest on Net Cash liability retrospectively from July 1, 2017 [Read Instructions]")
![While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Capital-Gains-Cost-Acquisition-Karnataka-High-Court-Taxscan.jpg "While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]")
Delhi HC refuses to direct authorities to accept the declaration and issue a discharge certificate in Form SVLDRS-4 [Read Order]
The Delhi High Court refused to direct authorities to accept the declaration and issue a discharge certificate in Form SVLDRS-4. The Petitioner, Chaque Jour HR Service Pvt. Ltd. is a Company...
![Delhi HC refuses to direct authorities to accept the declaration and issue a discharge certificate in Form SVLDRS-4 [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Form-SVLDRS-4-discharge-certificate-declaration-Taxscan.jpeg "Delhi HC refuses to direct authorities to accept the declaration and issue a discharge certificate in Form SVLDRS-4 [Read Order]")
![Date of Award is the Date of Accrual of Capital Gains: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/08/accrual-capital-gains-Supreme-court-award-Taxscan.jpg "Date of Award is the Date of Accrual of Capital Gains: Supreme Court [Read Judgment]")
CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified the interest on late GST payments would be applicable only on net cash tax liability after the deduction of the available input tax...
![CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/CBIC-Late-GST-payment-tax-liability-Interest-GST-Taxscan.jpg "CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]")
GST: Kerala HC allows an Instalment facility to pay the Admitted Tax with interest to the taxpayer hit by COVID-19 [Read Order]
The Kerala High Court allowed an instalment facility to pay the admitted tax with interest to the taxpayer hit by financial difficulties due to COVID-19. The petitioner, Pazhayidom Food Ventures...
![GST: Kerala HC allows an Instalment facility to pay the Admitted Tax with interest to the taxpayer hit by COVID-19 [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/Admitted-Tax-COVID-19-interest-taxscan.jpg "GST: Kerala HC allows an Instalment facility to pay the Admitted Tax with interest to the taxpayer hit by COVID-19 [Read Order]")
![CBIC notifies Late fee capped at Rs. 500/- for each GSTR-3B Return [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/GSTR-3B.jpeg "CBIC notifies Late fee capped at Rs. 500/- for each GSTR-3B Return [Read Notification]")
Advance Ruling: GST on Salary of Directors / Partners, Interest, Rent and Dividend & Sale proceeds from Company Shares
A recent advance ruling issued by the Karnataka Authority for Advance Ruling covers multiple frequently asked questions and thereby assumes significance. The ruling is issued in Order No. KAR ADRG...
