CA. Rajendra Kumar P has informed on twitter that In the interest of Trade and Industry Representation has been made by Institute of Chartered Accountants of India seeking exemption from levy of late fee on GSTR 9 and 9C filed on or before March 31, 2022. Currently due Due date of GSTR-9 and GSTR-9C for […]
Result of Chartered Accountants Intermediate Examination (Old Course & New Course) held in May 2018 are likely to be declared on Sunday, 29th July 2018
Vijay Mamgain Vs State of Haryana & ors. (Punjab & Haryana High Court) No payment of fine in lieu of confiscation of goods required where the owner of the conveyance is seeking only release of vehicle. Brief Facts: In the present case, goods and conveyance were confiscated by the Tax Authorities during transit as the […]
Upcoming GSTR-1 enhancements & improvements : 1. The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal taxpayers on a monthly or quarterly basis, as applicable. Quarterly GSTR-1 filers have also been provided with an optional Invoice Furnishing Facility (IFF) for reporting their outward supplies to registered persons (B2B supplies) […]
Debate around the new real estate upcycle continues to cloud the market’s collective wisdom. Upcycles are driven by rising income levels, narrowing of the rental yields and interest rate corridor gap, structural changes like market share gains by organised players, wealth effect, joint family nuclearization, and confidence in strong economic growth.
All India Gaming Federation Vs State of Karnataka (Karnataka High Court) Held by High Court 1. The provisions of Sections 2, 3, 6, 8 & 9 of the Karnataka Police (Amendment) Act 2021 i.e., Karnataka Act No.28 of 2021 are declared to be ultra vires the Constitution of India in their entirety and accordingly are […]
Vishnu Kumar Garg Vs DCIT (ITAT Delhi) We find the A.O. in the instant case made an addition of Rs.12 lakhs to the total income of the assessee under section 69A of the I.T. Act, 1961 on the basis of entries dated 07.07.2010 and 07.08.2010 found as per Page-14 of Annexure-A1. We find the Ld. […]
Essar Shipping Limited Vs Union of India (Bombay High Court) By instituting this writ petition, petitioner seeks to challenge Policy Circular No. 25 of 2007 dated 1st January, 2008 issued by DGFT, the second respondent. According to the petitioner, in the garb of purported clarification, the DGFT has curtailed benefits available to service providers, such […]
Commonwealth Human Rights Initiative Vs Union of India (Delhi High Court) Delhi High Court upheld the decision of Centre to suspend FCRA registration of Commonwealth Human Rights Initiative for alleged violations of the Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010). Impugned order records the following violations of the FCRA, 2010: i. The activities / projects […]
Directorate of Enforcement Vs Kamma Srinivasa Rao (Telangana High Court) In the present case, the allegations against the accused are that he is the main conspirator and has derived proceeds of crime in the form of movable and immovable assets. The accused along with other IMS officials and private persons is alleged to have conspired […]
