There is no relevance of date of payment of wages for reckoning limit of 15 days for payment of employees contribution to provident fund : ITAT Mumbai
ITAT Chennai held that professional fees received cannot be taxed under the head Salary merely because consultant/ professional is appointed as managing director of the company. Various details filed undoubtedly proves that professional service is rendered and accordingly taxable under ‘income from profession’.
Indian government extends the transition period for importing certain computer types without a license until October 31, 2023
Seeks to make amendments (Second Amendment , 2023) to the CGST Rules, 2017 vide Notification No. 38/2023- Central Tax, Dated: 04th August, 2023 On August 4, 2023, the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs issued a pivotal notification, number 38/2023-Central Tax. This legal bulletin inaugurated the Central Goods and […]
CBIC notifies special procedure to be followed by the electronic commerce operators in respect of supplies of goods through them by unregistered persons vide Notification No. 37/2023- Central Tax, Dated: 04th August, 2023. Ministry of Finance, through the Central Board of Indirect Taxes and Customs, has issued Notification No. 37/2023 detailing special procedures that eCommerce […]
Learn about the new tax procedures for eCommerce operators facilitating goods supplies by composition taxpayers under the CGST Act, 2017.
HC held that although Revenue department has discretion to cancel GST registration from a retrospective date but doing so without valid justification constitutes the arbitrary exercise of power.
Detailed analysis of the Anusandhan National Research Foundation Act, 2023 introduced in Lok Sabha. Discover the changes and impact on research, innovation, and entrepreneurship.
Review and analysis of the CESTAT Delhi’s ruling in Steel Authority of India Ltd. Vs Principal Commissioner regarding tax on contractual penalties.
HC court pointed out the baselessness of revenue’s claim that petitioner was not owner, given that the e-way bills, which are legally recognized as documents of title to the goods, were accompanying the goods in transit.
