MSME Industry Body Seeks Review Of GST Levy On Land Lease Transactions
The Chamber of Small Industries Association (COSIA) has urged the government to revisit the issue of GST on leased land […]
GST Recent News
GST Recent News
GST council may consider setting up tribunal for indirect tax litigation
The Goods and Services Tax (GST) Council may consider setting up a GST Appellate Tribunal (GSTAT) this month for the
Important Pronouncements, Income Tax
LLP receiving share of profit from other partnership firm is eligible for exemption under Income Tax
The ITAT, Bangalore in M/s Mulberry Textiles LLP v. ITO [ITA No. 757/Bang/2022 dated January 3, 2023] has held that, Limited
GST Recent News
GST Council meet: Tax on online gaming activities unlikely to be discussed
The Goods and Services Tax (GST) Council is unlikely to take up the group of ministers (GoM) report on taxing
DGFT, Notification And Circular, Notification and Circular
DGFT aligned the RoDTEP Schedule (Appendix 4R) with Customs Tariff Act w.e.f. February 15, 2023
Background: Earlier, the DGFT vide Notification No. 47/2015-2020 dated December 07, 2022 (“Notification No. 47”) included the additional export sectors/items
Important News, Income Tax
Updated List of banks for tax payments available at e-Pay Tax service at e-Filing Portal and OLTAS e-Payment of Taxes
The Income Tax Department has issued an updated List of Banks dated February 01, 2023 for tax payments available at
GST Law, Important News
ICAI published a Compilation of Significant Judicial and Advance Rulings in GST
The Institute of Chartered Accountants of India (“ICAI”) has published a Compilation of Significant Judicial and Advance Rulings in Goods
CBDT Notification, Notification And Circular, Notification and Circular
Notified the Centralised Processing of Equalisation Levy Statement Scheme, 2023
The CBDT vide Notification No. 03/2023-Income Tax dated February 7, 2023 has notified ‘the Centralised Processing of Equalisation Levy Statement
GST Law, Important News
ICAI issued Handbook on Blocked Credit under GST
The Institute of Chartered Accountants of India (“ICAI”) has issued Handbook on Blocked Credit under the Goods and Services Tax
GST Recent News
Refund application cannot be rejected without providing opportunity of personal hearing to the assessee
The Hon’ble Madras High Court in M/s. Lenovo India Private Limited Vs Assistant Commissioner of GST & Central Excise in