Kerala HC sets aside an order rejecting a GST appeal as time-barred due to appellate authority’s failure to notify defects in time. Case details and judgment.
CBDT extends the due date for determining payable amounts under the Direct Tax Vivad Se Vishwas Scheme to January 31, 2025.
In a recent ruling Hon’ble Kerala HC disposed off the writ petition by remanded back the matter to competent authority in the light of the circulars passsed by GST counsel mentioned at para 101 of the judgment M. Trade Links Vs. Union of India.
CIT (A) erred in treating the loan of Rs.90.52 crores u/s 69A/69B when the show cause notice of enhancement was with reference to section 69 and there were neither any investments which were not recorded in the books of account nor is there any such finding by the CIT(A).
ITAT Kolkata held that addition under section 68 of the Income Tax Act as unexplained cash credit not sustainable since identity, creditworthiness and genuineness of the transaction relating to the share capital sufficiently established.
Madras High Court held that as per rule 86A(3) of the Central Goods and Services Tax Rules, 2017 [CGST Rules] blocking of input tax credit available in electronic credit ledger lapses after a period of one year from the date of blocking.
A Disciplinary Committee has cleared CA. Sandeep Garg of professional misconduct, finding him not guilty of grossly negligent tax audit reporting for Cement Corporation of India.
In the matter abovementioned Hon’ble Madras HC denied to grant any relief to the petitioner by holding that ITAT is the ultimate fact finding body and findings of facts of the Tribunal cannot be interfered under Section 260A of IT Act.
Explore the potential effects of the proposed wage ceiling increase under the EPF Act on employers, employees, and provident fund contributions.
In a recent ruling Hon’ble Madras HC considered that there is mismatch between GSTR-3B and GSTR-2A and petitioner is ready to pay 25 % of the total tax in dispute. HC granted on more opportunity to the petitioner after complying the directions.
