Chand N. Bhojwani Vs DCIT (ITAT Mumbai) AO was bound to compute the tax payable by the assessee on the income computed by him even if it was at a lesser figure than the income returned by the assessee. AO was unjustified in not giving full effect to the assessee on having himself assessed such […]
Allowing the owner of the goods to procure a RFID seal from the destination warehouse also obviate the need for development of any universal application by all vendors or the need for procuring multiple readers by warehouse owners.
Whether the goods exported out of India directly by the manufacturer mentioning the applicant as Third Party Exporter for the purpose of Foreign Trade Policy will be considered as exports at the hands of the Applicant under the GST laws?
Import of 0.5 MT per annum of Pet Coke for anode making by the Aluminium Industry and 1.4 MT per annum for producing calcined pet coke by the Calcined Pet Coke Manufacturing units is allowed with Actual User Condition.
1. These Regulations may be called the Securities and Exchange Board of India (Regulatory Fee on Stock Exchanges) (Amendment) Regulations, 2018. 2. They shall come into force with effect from April 1, 2018:
Medicare TPA Services India Pvt. Ltd. Vs ACIT-TDS (ITAT Kolkata) Interest u/s 201(1A) of the Act could be charged only upto the date of payment of taxes by the deductees and not upto the date of filing of return of income. We find lot of force in this argument of the ld AR in as […]
Delve into the detailed analysis of the GST AAAR Maharashtra ruling on Five Star Shipping’s intermediary services. Learn about the classification, implications, and conclusions drawn.
Explore the modified ruling by AAAR Karnataka on United Breweries Limited GST appeal. Detailed analysis on taxable service, brand owner’s liability, and GST implications.
New Functionality Update: Amendment in Registration of Core fields made in GST Portal. Facility has been provided on the GST Portal to NRTP (Non Resident Taxable Persons), OIDAR (Online Information and Database Access or Retrieval), TDS (Tax Deducted at Source) & TCS (Tax Collected at Source) taxpayers for applying for Amendment in Registration of Core […]
While 88,649 taxpayers disclosed income above Rs. 1 crore in AY 2014-15, the figure was 1,40,139 for AY 2017-18 (growth of about 60%). Similarly, the number of individual taxpayers disclosing income above Rs. 1 crore increased during the period under reference from 48,416 to 81,344, which translates into a growth of 68%.