Month: June 2022
1,514 articlesIncome Tax

Income Tax
Addition should be of Net profit/ income & not of gross profit
Income Tax

Income Tax
No addition merely based on statement if no documentary evidence corroborating the statement
Income Tax

Income Tax
In absence of contract between assessee & transporters, Section 194C TDS not applicable
Goods and Services Tax

Goods and Services Tax
Calcutta HC directs Sales Tax Dept. to accept ‘D’ Forms & allow concessional tax rate
Excise Duty

Excise Duty
Cenvat credit eligible on Steel items used in setting up of sponge iron kiln
Goods and Services Tax

Goods and Services Tax
Instruction on sanction of GST refund & Post audit of refund orders
Goods and Services Tax

Goods and Services Tax
HC set aside GST order as opportunity of personal hearing not provided
Fema / RBI

Fema / RBI
Extension of Bill of Entry Submission and Write off of amount payable
Income Tax

Income Tax
Sec. 271(1)(c) Penalty imposed cannot survive if assessment order quashed
Service Tax

Service Tax
CESTAT allows Transfer of CENVAT Credit to amalgamated entities
Excise Duty

Excise Duty
Cess credit refund cannot be denied for non-utilisation prior to GST regime
Income Tax

Income Tax
High-pitched Scrutiny Assessment- Revised Instruction – Local Committees
CA, CS, CMA

CA, CS, CMA
ICAI announces date for bye-Election for WIRC Central Region
Custom Duty

Custom Duty
