Follow Us :

Archive: 21 May 2022

Posts in 21 May 2022

Live Course on How to Reply to GST Notices & SCN & to Fake ITC Notices?

April 29, 2024 7470 Views 0 comment Print

Join our live course to learn expert strategies for replying to GST notices, SCNs, and fake ITC notices. Understand litigation nuances, evidence insights, and practical tips for effective responses. Register now!

Join Live Webinar and get Book on Section 43B(h)

April 29, 2024 5154 Views 1 comment Print

Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down intricacies of Section 43B(h)

No markup chargeable in case of pure reimbursement of expenditure by AE

May 21, 2022 4320 Views 0 comment Print

Capgemini India Pvt. Ltd. Vs DCIT (ITAT Mumbai) Facts- Assessee filed its return of income on 7 October 2010 declaring income of ₹113,19,82,875/-. As the assessee has entered into several international transactions, reference was made to the Learned Additional Commissioner of Income-Tax, Transfer Pricing, 1(3), Mumbai for determination of arm’s length price of those transactions. […]

CBDT Notification is pre-conditional for grant of Section 80IA(4) deduction

May 21, 2022 636 Views 0 comment Print

Salarpuria Properties Pvt. Ltd. Vs DCIT (ITAT Kolkata) Facts- The assessee has filed ROI on 9.10.2010 which was revised on 27.12.2010. The return was processed u/s 143(1) of the Act accepting the returned income. Thereafter the case of the assessee was selected under scrutiny and statutory notices were duly issued and served upon the assessee. […]

Deciding the termination of mandate of arbitrator via application u/s 11(6) is not possible

May 21, 2022 5274 Views 0 comment Print

In a case where there is a dispute/controversy on the mandate of the arbitrator being terminated on the ground mentioned in section 14(1)(a), such a dispute has to be raised before the “court”, defined under section 2(e) of the Act, 1996 and such a dispute cannot be decided on an application filed under section 11(6) of the Act, 1996.

Sec 80GG – Deduction in respect of rent paid

May 21, 2022 5097 Views 0 comment Print

Learn about Section 80GG and how it allows individuals to claim a deduction for rent paid, even without receiving HRA.

SC Judgment in Mohit Minerals & Refund of IGST under RCM on Ocean Freight

May 21, 2022 57282 Views 2 comments Print

No separate levy of IGST under RCM is to be made on the Indian importer for the supply of services of transportation of goods by the shipping line since it would be in violation of Section 8 of the CGST Act, 2017.

Consequences of Non-Payment of Stamp Duty & Non-Registration of Instruments

May 21, 2022 21876 Views 0 comment Print

Understanding the consequences of non-payment of stamp duty & non-registration of instruments is crucial for protecting your interests in any agreement or transaction.

GST refund cannot be denied merely for Mistake in Filing GSTR-3B

May 21, 2022 10275 Views 0 comment Print

Madras HC directs sanction of refund, which was not sanctioned due to non transmission of data from GST portal to Customs portal, due to entry of wrong details in GSTR 3B by the taxpayer.

Form ADT1 : Essence of Appointment of Statutory Auditors

May 21, 2022 5004 Views 0 comment Print

Understand the significance of Form ADT 1 in appointing Statutory Auditors. Learn about the mandatory process and benefits for companies and stakeholders.

SC explains Scope of Review Petition- Verdict in Sidhu reviewed

May 21, 2022 4014 Views 1 comment Print

The brief facts of the case are that during a road rage, Gurnam Singh died in a scuffle and Sidhu & his friend faced charges of culpable homicide. The trial court post trial acquitted both the accused in1999 as it was of the view that the death was not caused by subdural haemorrhage and the deceased suffered sudden cardiac arrest under stress because of which he fell and received two abrasions leading to subdural haemorrhage.

Exemption cannot be denied once granted by the competent Revenue Authority on components required for solar power generation

May 21, 2022 1122 Views 0 comment Print

KEC International Limited Vs Commissioner of Central Excise Central Goods & Service Tax (Appeals) (CESTAT Delhi) The CESTAT, New Delhi in M/s. KEC International Limited v. Commissioner of Central Excise and Central Goods & Service Tax (Appeals) [Excise Appeal No. 52907 of 2019 dated May 10, 2022] set aside the order passed by the Revenue […]

Search Post by Date
May 2024
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031