HC held that Service Tax cannot be levied on affiliation fee and fees collected for other incidental activities by universities for providing educational services....
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India @ 75 has one distinct feature. India has transformed from an agrarian economy to service oriented economy since independence. Also it is now the fastest growing economy. Morgan Stanley expects India’s GDP growth to be @ 7% in financial year 2022-23. It is expected to contribute 28% and 22% to Asian and global economic […]...
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No. F.16 (752)VAT/Tax/CCT/2022-23/Part-IV/646 -
24/08/2022
The cases for write-off shall be initiated after adequate steps for recovery of demand have been undertaken. The foremost task for recovery of outstanding demand is the identification of movable or immovable property of a defaulter that can be attached and sold for recovery of outstanding demand(s)....
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Income Tax Department conducts searches in Gujarat The Income Tax Department carried out a search and seizure operation on 09.08.2022 on a business group primarily engaged in manufacturing and trading of ceramic tiles. The search action covered a total of 36 premises, spread across Rajkot, Morbi, Ahmedabad, Raipur, Guwahati, Gurgaon, and ...
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Commissioner of CGST Delhi East Vs Anand and Anand (Delhi High Court) -
Held that refund under rule 5 of the Cenvat Credit Rules is available on legal services offered by the assessee to the recipient of service located outside the taxable territory....
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ROC OFFICERS NOW CAN VISIT REGISTERED OFFICE OF THE COMPANY MCA vide its Notification dated 18th August, 2022, by insertion of Rule 25B in Companies (Incorporation) Rules, 2014 has granted power to ROC, when it thinks to do so, to conduct physical verification of the registered office of the company. The summary of the above […]...
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SEBI Settlement Scheme 2020 provides an opportunity for settlement to entities who have executed reversal trades in the illiquid stock options segment of BSE between April 1, 2014 to September 30, 2015...
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Zones Corporate Solutions Pvt. Ltd. Vs Commissioner of Central Goods & Services Tax Delhi East (Delhi High Court) -
High Court held that taxpayers cannot be asked to wait endlessly for the respondents to contest the order of the Commissioner (Appeals). ...
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DATA COLLECTED AND TABLES PREPARED BY CA HARSHIL SHETH (I always wanted to make some State wise GST collection analysis so here it is) . I have done really hard work in collecting 12 months figures. Please appreciate that this data was not readily available. Also I want to make it clear that this is […]...
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Dilipkumar Premji Chheda Vs Income Tax Officer Ward Thane (Bombay High Court) -
Dilipkumar Premji Chheda Vs ITO (Bombay High Court) 1. Issue notice. Mr. Ajeet Manwani, learned counsel waives service for the Respondents. Objections be filed in six weeks. 2. Learned counsel for Petitioner states that the impugned notice dated 7th April, 2021 issued under Section 148 of the Act is unsustainable in law and in as [&hellip...
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