In this regard, potential cases pertaining to AY 2016-17 and AY 2019-20 identified on the basis of risk assessment of verification reports uploaded in the STR module, have been disseminated to field formations with below mentioned case types on the Verification module of the Insight portal.
ITAT Ahmedabad held that addition towards unexplained cash unsustainable as cash expenses duly incorporated in books of accounts and cash book as well as cash receipts not doubted by the authority.
Master all the important details from the 49th GST Council Meeting Decisions in one place. Get the facts and statements from the Hon. Finance Minister’s press conference.
Bombay High Court held that issue of reopening of assessment has to be tested only on the basis of the reasons recorded, which reasons can neither be improved upon nor substituted by an affidavit or oral submissions.
To furnish such indemnities as may be required by Bank and / or its duly constituted trustees in relation to effective release / reconveyance of properties mortgaged by the Grantor in favour of Bank and / or its duly constituted trustees, as security for the facilities availed by the Grantor from
Draft a secure Joint Venture Agreement with the help of XYZ Pvt Ltd and ABC. Learn all the components of the Agreement, understanding the responsibilities of both parties.
Ind AS 116 sets out the principles for the recognition, measurement, presentation, and disclosure of leases. The objective is to ensure that lessees and lessors provide relevant information in a manner that faithfully represents those transactions.
Read the analysis and conclusion of the GST Advance Ruling (AAR) on the HSN classification and applicable tax rate for Fortified Rice Kernels (FRK) supplied by Brindavan Agrotech Private Limited.
In re NBCC (India) Limited (GST AAAR Delhi) Whether or not MoHUA, Government of India, is liable to pay GST on the sale of commercial built-up space? The appellant has contested that the construction activities and sale thereof are exempted from tax under Notification No. 12/2017- Central Tax (Rate) being in relation to a function […]
GST Council Meeting held on 18th February 2023 recommended various GST amnesty schemes and certain changes in tax rates along with rationalization in Late Fees for Annual return were also proposed.