A man in UP doing business of INR 500/day from scrap, accused by GST officials for alleged fraud of INR 366 crore
A 40-year-old man in Uttar Pradesh who makes ends meet by selling clothes on the streets of Muzaffarnagar with a […]
GST Recent News
CBDT Notification, Notification and Circular, Notification And Circular
CBDT Chairman directed all Assessing Officers to complete reassessment of all reopened cases under Income Tax by May 31, 2023
The Office of the Principal Chief Commissioner of Income Tax has issued a Letter vide F.No. Pr. CCIT/KNP/DCIT(T&J)/5(31)/2022-23 dated January
GST Law, Important Pronouncements
Opportunity of hearing to be granted before denying ITC where sufficient documents are available to show genuineness of the transactions
The Hon’ble Calcutta High Court in Vishal Kumar Arya v. Assistant Commissioner, State Tax, Ultadanga Charge & Ors. [M.A.T. No.2004
GST Law, Important Pronouncements
Application of mind should be there on the part of the Revenue Department while cancelling the GST registration
The Hon’ble Calcutta High Court in the matter of Monirul Islam v. State of West Bengal & Ors. [M.A.T. No.2051
Income Tax, News
Income Tax employee uses seniors’ login credentials to generate fake TDS Refunds amounting to Rs 263 crore
A mid-level income tax employee gained access to the computer systems of his superiors and managed to generate fake tax
GST Recent News
Budge 2023: Rationalise, simplify direct and indirect taxes in India, US industry’s expectations from FM
An India-centric top US strategic and business advocacy group has urged Union Finance Minister Nirmala Sitharaman to simplify and rationalise
GST Recent News
Higher GST mop-up partly due to rise in economic activity: Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal on Friday, January 27, said a large part of the increase in
Important News, Income Tax
Government likely to increase tax benefits under 80D may be increased: Sources
A recent tweet by CNBC-TV18 stated that sources say the Government would also announce tax benefits under Section 80D. Interestingly,
GST Law, Important Pronouncements
Assessee directed to approach competent authority to prove ownership of the detained goods by moving proper application
The Hon’ble Allahabad High Court in M/s Shiv Scrap Sales v. State of U.P. & Anr. [Writ Tax No. 1519
GST Law, Important Pronouncements
Time limit for issuance of SCN for F.Y. 2017-18 is extended till June 30, 2023
The Hon’ble Kerala High Court in Pappachan Chakkiath v. Assistant Commissioner & Anr. [WP(C) NO. 816 of 2023 dated January