Service provided for development of land, like levelling, laying of drainage lines (as may be received by developers) shall attract GST at applicable rate for such services.
Insider Trading has been argued to be unjust and based in opportunism. It has also been argued that although insider trading may be unjust, it cannot be considered to be fraud.
Held that in cases under audit, SVLDRS is eligible if the duty demand is quantified on or before 30th June 2019. As the draft of Minutes of the Managing Committee prepared by June 2019, amount of duty quantified before 30th June 2019. Accordingly, SVLDRS eligible.
Held that dispute in respect of ESOP which forms part of the Employment Agreement, would be referable to arbitration as provided in Clause 21 of ESOP.
Government of Kerala has extended the benefit of maternity leave to employees appointed on contract basis irrespective of the tenure.
Held that invalidity of sanction is different from absence of sanction and the point is to be raised during the trial.
Basic issue is whether accommodation services provided by hostel can be treated at par as with hotel or can it be treated as residential accommodation. Circular F. No. 354/17/2018-TRU-12-Feb-2018 provided clarification on hostel accommodation as under:
Rajesh Shantaram Chavan vs. ACIT (ITAT Mumbai) M/s.Century Textiles and Industries Limited was incurring heavy losses and shut down its Worli Textile Mill Unit in 2008. Around 6300 of its 6600 Mill workers opted for the voluntary retirement scheme, however, 275 workers had opposed for closure of the Mill. Assessee is one of the 275 […]
Audit observed that owing to continuing extensions in the roll out of simplified return system, and delay in decision making, the originally envisaged system verified flow of ITC was yet to be implemented despite more than three years of roll out of GST.
CAG noticed ineffective monitoring of accumulation of income and its utilization, ineffective monitoring of receipts and utilization of foreign contribution, inadequacy of survey of educational Trusts, absence of provision for disclosure of TDS in the audit report, etc.
