Sponsored
    Follow Us:

Request for a Ban on the Chinese App “Shopee”

February 18, 2022 1509 Views 0 comment Print

At the outset, we wish to congratulate the Government of India for the bold step taken in banning the 54 Chinese Apps; including Garena Free Fire. The sovereign integrity and security of India is paramount and by banning these Chinese Apps, India has sent a clear message to the world that it will not be subjected to the economic terrorism of Beijing.

GST exempt on Health care services provided at residence of patients

February 18, 2022 2442 Views 0 comment Print

GSt exempt on health-care services provided to patients at their residence through qualified nurses and other technically qualified persons

Eligibility of ITC on hiring of bus/motor vehicle for transportation of employees

February 18, 2022 29181 Views 0 comment Print

GST ITC admissibility on hiring of bus/motor vehicle having approved seating capacity of more than 13 persons for transportation of employees to & from workplace

HC explains Rule 89(4) & 4(B) to determine quantum of ITC availed for GST refund

February 18, 2022 32214 Views 1 comment Print

Messers Filatex India Ltd. Vs Union of India (Gujarat High Court) The short point for our consideration as on date is whether the assertion on the part of the writ applicant that it is entitled to claim the refund in accordance with the formula as provided under Sub Rule (4) of Rule 89 of the […]

AO cannot withdraw Section 10B relief allowed in earlier year in subsequent assessment year

February 18, 2022 1314 Views 0 comment Print

Gangagen Biotechnologies Pvt. Ltd. Vs PCIT (ITAT Bangalore) Bombay High Court in the case of CIT vs. Western Outdoor Interactive Pvt. Ltd. (349 ITR 309) has held that whether a benefit of deduction is available for a particular number of years on satisfaction of certain conditions and under the provision of Act, then without withdrawing […]

ITAT allows rectification of Mistake in Assessing vacant land to Wealth Tax

February 18, 2022 660 Views 0 comment Print

Wipro GE Healthcare Pvt. Ltd. Vs DCIT (ITAT Bangalore) We notice that there was difference of opinion between the assessee and the AO in respect of extent of land that is assessable to wealth tax. While the case of revenue is that entire vacant land admeasuring 2,54,020.58 sq.ft is assessable to wealth tax, the case […]

RBI Master Circular – Housing Finance

February 18, 2022 3462 Views 0 comment Print

Bank finance can be granted only for purchase of a plot, provided a declaration is obtained from the borrower that he intends to construct a house on the said plot, with the help of bank finance or otherwise, within such period as may be laid down by the banks themselves.

Service Tax not payable on risk/gold loan/additional interest merely because it’s shown as incidental charges

February 18, 2022 1734 Views 0 comment Print

Kosamattam Finance (P) Limited Vs Commissioner of Central Excise & Service Tax (CESTAT Bangalore) Coming to the question as to whether the appellants are required to pay service tax on the risk interest/interest on gold loan/additional interest shown as incidental charges before October 2008, it is not disputed that the appellants are a NBFC and […]

Trust not loses its character of being charitable merely for collection of charges

February 18, 2022 1683 Views 0 comment Print

Where main object or purpose of assessee s charitable trust was promotion of sports and swimming, merely because trust collected certain charges from coaching campus, same could not alter its character of being charitable.

Public Authority liable to pay compensation to RTI complainant for negligence in discharge of duty

February 18, 2022 6819 Views 0 comment Print

State of Jharkhand Vs Information Commissioner (Jharkhand High Court) The provision of compensation has been provided under the provision of Section 19(8)(b) of RTI Act, 2005 by which a Public Authority is required to compensate the complainant for any loss or other detriment suffered. Since this Court has answered the issue about distinction in between […]

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031