ITAT Delhi held that enhancement by CIT(A) without providing reasonable opportunity of showing cause against the proposed enhancement to the Assessee is unsustainable in law.
CESTAT Delhi held that entire demand invoking extended period of limitation unsustainable as show cause notice was issued after more than two years of the facts coming to the knowledge of the department.
Gujarat High Court held that as per provisions of section 56 of the Central Goods and Services Tax Act, 2017 [CGST Act, 2017], it is mandatory to pay interest in case of delayed refund. Accordingly, petitioner is entitled to interest on delayed refund.
Key insights from the 50th GST Council meeting revealed in 9 Notifications and 8 Circulars by CBIC. Learn about taxability of services from Head Office to Branch Offices, clarifying important issues for businesses with operations in multiple states.
Stay updated on GST regulations! Analysis of 9 GST Circulars issued by CBIC on 17th July 2023. Key insights on interest charging, ITC, TCS liability, warranty replacement, and more.
Stay informed on the latest GST updates! CBIC issues 9 Notifications extending deadlines for GST Forms & Amnesty Schemes. Learn about the extended dates and compliance requirements.
Gain clarity on Input Tax Credit (ITC) differences between GSTR-3B and GSTR-2A for the period 01.04.2019 to 31.12.2021 with guidance from Circular No. 193/05/2023-GST.
Explore the world of Green Finance, where profitability meets environmental responsibility. Learn about green bonds, loans, and investment funds driving sustainable development. Discover why green financing matters and how its gaining momentum globally. Stay informed on Indias transition to net-zero emissions through innovative green finance solutions. Join the movement for a greener and more sustainable future.
Insolvency and Bankruptcy Board of India’s latest recommendation about appointing liquidators other than RP/IRP under Section 34(4)(h) of the IBC, 2016.
Explore the impact of SAS 700, a comprehensive social audit framework, on promoting rural sports, nationally recognized sports, Paralympic sports, and Olympic sports. Discover the evaluation process, key metrics, challenges, and areas for improvement in sports development initiatives. Gain insights into the significance of sports in India’s education system and the government’s initiatives to support athletes.