GoM may suggest pruning GST exemption list ahead of Council meeting
An empowered group of ministers (GoM) set up to look into rate rationalisation may propose pruning Goods and Services Tax […]
GST Recent News
News
Consideration for resale of Computer Software is not the Payment of Royalty for use of Copyright in Computer Software: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) consisting of Chandra Mohan Garg (Judicial Member) and Shamim Yahya (Accountant Member)
Newsletter
Weekly GST Communique dated June 06, 2022
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
Notification and Circular, Notification And Circular
Instructions to Authorized Officers of FSSAI & Customs regarding testing of UHT Whipping Cream
The CBIC vide Instruction No. 08/2022-Customs dated June 03, 2022 to Authorized Officers of the Food Safety and Standards Authority
Notification And Circular, Notification and Circular
CBDT issued new guidelines w.r.t selection of returns and procedure for complete scrutiny during the F.Y. 2022-23
The CBDT vide F.No. 225/81/2022/ITA-II dated June 03, 2022 has issued new guidelines for compulsory selection of returns for Complete
GST Recent News
Kerala GST Dept invites applications from traders under Amnesty Scheme announced in the State Budget 2022
The State GST Department has invited applications from traders to avail of the amnesty scheme announced in the state budget
News
Failure of assessee to give proper reasons for not appearing before the Tax Authorities: ITAT imposes cost
The Banglore Bench of the Income Tax Appellate Tribunal (ITAT) consisting of B.R. Baskaran (Accountant Member) has imposed a cost of Rs.10,000
GST Recent News
Just because the ratio for payment of Service Tax not adhered to, assessee not liable to pay double tax as penalty: Karnataka HC
The Karnataka High Court has ruled that merely because the ratio in which service tax was required to be paid by the
News
Violation of RBI notification prohibiting deposit of Demonetized Notes does not attract addition on account of unexplained Cash Credits: ITAT
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) consisting of B.R. Baskaran (Accountant Member) held that violation of the RBI
News
Notice imposing penalty for concealment of Income can’t be issued without Specifying the Limb: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the notice imposing a penalty for concealment of income