1 अक्टूबर 2024 से GST पोर्टल पर नया इनवॉयस मैनेजमेंट सिस्टम (IMS) लागू होगा। इससे टैक्सपेयर आसानी से ITC क्लेम और इनवॉयस प्रबंधन कर सकेंगे।
ITAT Delhi held that assessments completed u/s. 153A, making addition u/s. 68 of the Income Tax Act, without any incriminating material found during the search action is unsustainable in law. Accordingly, addition deleted.
ITAT Bangalore held that delay of 288 days committed as assessment order mailed to email ID of erstwhile employee and hence delay in filing of an appeal condoned. Matter remanded back to CIT(A) for fresh adjudication.
Understand GST implications on warranty repairs, part replacements, ITC reversal for manufacturers and distributors. Clarifies extended warranty GST treatment.
The Allahabad High Court rules that tax invoices, e-way bills, and goods receipts alone aren’t enough to claim ITC; proof of actual goods movement is required.
Supreme Court issues notice in SLP on cross-empowerment issues in GST investigations; proceedings from multiple departments challenged.
Karnataka AAR rules Ernst & Young’s tax return services to BWSSB are not GST-exempt, clarifying BWSSB’s status and service eligibility under GST laws.
Depreciation Rate Chart under Companies Act, 2013 as per SCHEDULE II, including useful lives for computation. Analysis of Schedule II and guidelines for assets.
Explore the structure of income tax reassessment provisions, including Sections 147, 148, 148A, 149, and 151, covering notice issuance, procedures, and time limits.
GST Advisory reduces reporting threshold for unregistered dealers in GSTR-1/GSTR-5 from ₹2.5L to ₹1L. Continue old reporting till portal update.
