GST registration cannot be cancelled retrospectively merely because the returns were not filed
The Hon’ble Delhi High Court in the case of Aryan Timber Store v. Sale Tax Officer [Writ Petition (Civil) No. […]
GST Law, Important Pronouncements
GST Recent News
Parliament panel recommends below 18% GST on health insurance, microinsurance
The parliamentary panel on finance, led by MP Jayant Sinha, has recommended to reduce the Goods and Services Tax (GST) on health
GST Recent News
GST Authorities Issue Notices to Companies for Input Tax Credit Discrepancies
Several companies have received notices from Goods and Services Tax (GST) authorities regarding discrepancies in their claimed input tax credit
GST Recent News
GST Evasion Crackdown: Man Arrested, Rs 3.48 Crore Worth of Cigarettes Seized in Tirupati
In a major crackdown, the Anti-Evasion wing of Tirupati Central GST Commissionerate arrested a man and seized cigarettes worth Rs
News
IBBI amends norms related to insolvency resolution process for personal guarantors
The Insolvency and Bankruptcy Board of India (IBBI) has amended norms about the insolvency resolution process for personal guarantors and
GST Law, GST Portal Updates, GST Portal Updates, Important News
Good News: GSTN Adds 4 New States for GST Payments Through Credit Cards/Debit Cards on the GST Portal
The GST Portal has recently issued an update, introducing the option to make GST payments through Credit Cards and Debit
Important News, Income Tax
Changes in Income Tax Return Forms: MSME Registration Number and Recognition Status Mandatory for Filing New ITR-5 & ITR-6 Effective April 1, 2024
Changes in Income Tax Return Forms: MSME Registration Number and Recognition Status Mandatory for Filing New ITR-5 & ITR-6 Effective
GST Law, Important Pronouncements
Assessee entitled to file revocation application if complies with all the requirements of paying taxes, interest, late fee and penalty dues
The Hon’ble Orissa High Court in the case of Badajena Iron & Steel Industries (P.) Ltd. v. ST and GST
News
Paytm faces ED scrutiny amid allegations of illegal betting and money laundering
The Directorate of Enforcement (ED) has launched an extensive investigation into Paytm since 2021, uncovering potential connections to money laundering and illicit
GST Law, Important Pronouncements
Bail granted when accused willing to deposit certain amount with GST Authorities
The Hon’ble Madras High Court in the case of Isithore v. Senior Intelligence Officer [CRL OP (MD) 838 of 2024