Commissioner of CGST & Excise Vs Broad Son Commodities Private Limited (CESTAT Kolkata) The facts of the case are that the Government of Bihar awarded to the respondent the right to use mining of minerals, oil or gas in respect of sand ghats of Patna, Bhojpur and Saran of the State of Bihar. The right […]
Mount Everest Breweries Ltd. Vs State of Madhya Pradesh (Madhya Pradesh High Court) The learned counsel for petitioner submitted that earlier the petitioner had filed a petition bearing W.P. No. 8560/2016 seeking quashment of the assessment order issued by the respondents for the assessment year 2012-13 for arbitrarily levy of tax on beer under residual entry […]
Value of goodwill is amount paid over & above tangible assets and values assigned to other intangible assets – Depreciation allowed
Gujarat HC quashes CGST appeal on refund denial. Orders fresh consideration by Appellate Authority. Apex Formulations Pvt Ltd. vs Union of India.
EPFO has been facing criticism from some quarters over the performance of its ETF investments, which have lagged behind the broader market indices in recent years. This has led to calls for the EPFO to review its investment strategy and take steps to enhance its returns.
Discover the reality behind charges on UPI payments. NPCI’s recent announcement clarified that direct bank-to-bank UPI transactions will remain free. However, fees may apply for prepaid instruments on merchant payments above Rs. 2000 from April 1, 2023. Stay informed about UPI changes. Source: NPCI Circular, UPI Payments, Digital Transactions, Payment Gateway Updates.
Last week, the new CBIC E-Payment platform was rolled out. Envisaged as a platform to enable collection of Customs duties using multiple modes of payment viz. NEFT/RTGS, Internet Banking as well as the Electronic Cash Ledger (ECL) -the last being a fresh introduction.
Ramaben Parmar Vs C.S.T.-Service Tax (CESTAT Ahmedabad) As regard the service tax on the job work carried out by the appellant, we find that the appellant have converted the casting by process of machining into a parts which is used by the principal manufacturer in the manufacture of their product. The conversion from rough casting […]
Tejus Vertrage Infra LLP Vs Union of India & Ors (Bombay High Court) Period of limitation which was extended under the orders passed by the Hon’ble Supreme Court in Suo Motu Writ Petition (C) No. 3 of 2020 also apply to the claim for refund. The learned Counsel for the Petitioner states that the decision […]
Pankajkumar Babulal Tiwari Vs ACIT (ITAT Amhadabad) Asessee under the bona fide belief not offered income on receipt from LIC in original return however rectified the same while filing the return under section 148 of the Act. The assessee also paid due tax on such receipt even before issuance of notice under section 148 of […]
