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Archive: 15 April 2023

Posts in 15 April 2023

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

April 29, 2024 7944 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 5199 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)

GST action points before closing financial statements of FY 2022-23

April 15, 2023 26289 Views 0 comment Print

Article enlist some of the important activities to be undertaken by taxpayers to ensure GST compliance and avoid scrutiny and litigation

Interpretation of term ‘so far as may be’ with context to GST Act, 2017

April 15, 2023 2532 Views 2 comments Print

The power granted under section 67(1) GST Act is restricted only to the place of business whereas the power under section 67(2) GST Act is applicable to any place. Power under section 67(2) GST Act, thus, is wider in scope.

Consider rectification of Apparent Error in application for GST Registration Cancellation: HC

April 15, 2023 1392 Views 0 comment Print

Bansal Steels Vs Commissioner, Central Goods and Service Tax (Delhi High Court) The petitioner had applied for cancellation of its GST registration for the first time on 04.12.2018 with effect from that date, stating that the reason for seeking such cancellation was that it had discontinued/closed its business. The said application was rejected by an […]

Section 112(8)(b) contemplate sum equal to 20% of remaining amount of tax in dispute: HC

April 15, 2023 987 Views 0 comment Print

Kerala High Court recalls interim order in Sandeep’s review petition against State Tax Officer. Clarifies the correct interpretation of Section 112(8)(b).

Section 80P deduction: HC directs assessee to submit relevant documents to AO

April 15, 2023 3054 Views 0 comment Print

Udayanapuram Service Co-Operative Bank Ltd Vs ITO (Kerala High Court) The challenge in this writ petition is against the assessment order produced as Ext.P1 and the demand notice issued pursuant to the assessment. The assessment relates to the assessment year 2020­21. The only question that is involved is whether the petitioner’s Society is entitled to […]

Classification of bhusi/ bhuki of pulses / pulses waste -CESTAT directs readjudication

April 15, 2023 642 Views 0 comment Print

R M Trading Company Vs Commissioner of Customs (CESTAT Ahmedabad) The issue involved in the present case is that whether the goods in question i.e. bhusi/ bhuki of pulses / pulses waste cleared from Kandla SEZ is classifiable under Chapter heading 07139099 or 11061000 of Customs Tariff Act, 1975 and consequently whether the appellant is […]

Passport needs to be considered to determine Residential Status of Assessee

April 15, 2023 2724 Views 0 comment Print

Narayanan Subramaniam Vs ACIT (ITAT Delhi) Controversy involved is primarily with regard to question if the assessee had non­-residential status for the relevant Assessment Year 2017-18 and the ld AO had held it against the assessee on the basis that his stay for more than 180 days abroad was not supported by any evidence including […]

E-commerce and Online Marketplaces: A Comprehensive Guide

April 15, 2023 2004 Views 2 comments Print

Discover the transformative world of e-commerce and online marketplaces in this comprehensive guide. Explore types, advantages, challenges, and future trends for businesses and consumers.

ITAT’s Powers to Admit Claim Otherwise than by Revised Return

April 15, 2023 885 Views 0 comment Print

Navneet Dutta Vs ITO (ITAT Delhi) Assessee filed his original return of income on 10.01.2012 for the AY 2011-12 and in the said return due to clerical/typographical error, the assessee could not claim loss from house property. Later on the assessee revised the return of income on 18.06.2012. Assessee has filed rectification application u/s 154 […]

Cash withdrawn and redeposit is not income from Undisclosed Sources

April 15, 2023 6294 Views 0 comment Print

Learn why cash withdrawn and redeposit is not considered income from undisclosed sources. Explore draft submissions backed by key judgments and legal insights.

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