"10 September 2023" Archive

Exporting with Tax Payment vs Bond/LUT: What’s Better?

Weigh the benefits of exporting goods with tax payment vs without tax (Bond/LUT). Learn how choosing the right option can significantly impact your profits....

Posted Under: Service Tax |

Herbal Body Oil for soft, smooth, glowing & healthy skin attracts GST @28%

Learn about how Jac Olivol Body Oil was classified under GST in India: GST @ 28% for its primary function of care of skin not cure of skin....

Posted Under: Service Tax |

LPG Stored in ‘Bullet’ Facility at customers premises Not falls under Storage and Warehousing Services

Total Energies Marketing India Pvt. Ltd. Vs Commissioner of GST & Central Excise (CESTAT Chennai)

Exploring legal intricacies of Total Energies Marketing India Pvt. Ltd. vs Commissioner of GST & Central Excise case ruled by CESTAT Chennai regarding LPG storage and service tax....

Electronic Credit Reversal and Re-claimed Statement on GSTN

Delve into newly introduced Electronic Credit and Re-claimed Statement on GSTN. Learn its importance and role in simplifying tax compliance for Indian businesses....

Posted Under: Service Tax |

Due date for filing return for Co-Op Hsg Society for Section 80P deduction

Nutan Laxmi Co-Operative Housing Society Ltd Vs ADD/JT/ DY/ACIT/ITO, NFAC (ITAT Mumbai)

Assessee argued that since they were subject to audit under the Maharashtra State Co-Operative Act, their due date under Section 139(1) of the Income Tax Act was extended to October 31, 2018. Thus, they filed their ITR well within the time limit....

New GST Portal Feature: Credit Reversal & ITC Reclaimed Statement

Another new feature in GST Common Portal has been introduced by GSTN in the form of Credit Reversal and ITC Reclaimed Statement. This is a powerful tool designed to streamline your ITC reporting process and manage ITC Balances accurately which is of utmost importance to ensure accurate compliances....

Posted Under: Service Tax |

Violation of principle of Natural Justice: Calcutta High Court Sets Aside Tax Order

Anuj Bakshi Vs ACIT (Calcutta High Court)

An in-depth analysis of the Calcutta High Court's decision in Anuj Bakshi Vs ACIT. The court set aside an Income Tax order due to violations of Natural Justice principles....

HC Directs AO to Address Tax Challan updation Delays

Dinesh Kumar Goyal Vs ITO (Calcutta High Court)

The case of Dinesh Kumar Goyal vs ITO brought before the Calcutta High Court revolves around the non-consideration of repeated representations made for updating challans against outstanding taxes. ...

CIT(A) cannot remand a matter back for fresh assessment after deciding in favor of assessee

Arun Kumar Bose Vs ITO (Calcutta High Court)

Unpacking the landmark case of Arun Kumar Bose vs ITO in the Calcutta High Court. Did the CIT(A) exceed its statutory powers under Section 251(1)(a)?...

DIR-3 KYC Web/E-Form: A Comprehensive Guide for Directors

Explore importance, requirements, and due dates for filing DIR-3 KYC Web/E-Form for directors. Learn about consequences of non-compliance. ...

Posted Under: Service Tax |

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September 2023