India Looks to Tap Kirana Stores to Boost Tax Base, Says Report
The government is planning to widen its goods and services tax (GST) by tapping a section of mom-and-pop stores, a […]
GST Recent News
GST Law, Important Pronouncements
Revenue department cannot initiate assessment proceedings once moratorium order has been passed by NCLAT
The Hon’ble Madras High Court in Tvl. ITNL-KMB (J.V.) v. the Deputy Commissioner of (ST), [W.P. Nos.2850 and 2852 of
GST Recent News
GST Council will take a call on cement rate change: FM Sitharaman
Finance Minister Nirmala Sitharaman on Friday said that any rate change on cement will be decided by the Goods and
GST Recent News
GST Council meeting tomorrow: Here’s what’s on agenda
The 49th meeting of the GST Council is scheduled to be held in Delhi on 18 February, Saturday. Chaired by
Important Pronouncements, Income Tax, Income Tax Case Law
No TDS liability on income received on non-technical services outsourced to foreign company
The Hon’ble Karnataka High Court in The Director of Income-Tax v. IBM India Private Limited [I.T.A NO. 218 of 2014
Important Pronouncements, Income Tax, Income Tax Case Law
Assessee liable to equal tax on the income from house property where joint owner’s shares are not mentioned in sale deed
The ITAT, Delhi in Smt. Shivani Madan v. ACIT [ITA No. 1642/Del/2020 dated January 5, 2023] has held that the
CESTAT, Important Pronouncements
Demand not sustainable when Service Tax is already paid prior to its levy
The CESTAT, Ahmedabad in Chiron Behring Vaccines Private Limited v. C.C.E. & S.T.-Surat-ii [Service Tax Appeal No. 403 of 2012
GST Recent News
New scam in Gujarat; 1500 Aadhaar cards used illegally to generate bogus GST numbers
The state GST department has unearthed a scam with a new modus operandi where 1,500 Aadhaar cards were illegally used
News
FM Sitharaman exhorts exporters to ‘foresee’ impact of global slowdown, engage with govt
Finance minister Nirmala Sitharaman on Wednesday exhorted exporters to be receptive and ‘foresee’ how the recession or slowing economy abroad
Press Release, Press Release
India’s Foreign Trade for the month of January, 2023
India’s overall exports (Merchandise and Services combined) in January 2023* are estimated to be USD 65.15 Billion, exhibiting a positive