Sponsored
    Follow Us:

Deficiency in GST refund application cannot be raised at belated stage

July 22, 2020 3246 Views 0 comment Print

Jain International Vs Commissioner of Delhi Goods (Delhi High Court) Admittedly, till date the petitioner‟s refund application dated 4th November, 2019 has not been processed. As neither any acknowledgment in FORM GST RFD-02 has been issued nor any deficiency memo has been issued in RFD-03 within time line of fifteen days, the refund application would […]

Sovereign Wealth Fund notified | Section 10(23FE) | Income Tax

July 22, 2020 7914 Views 0 comment Print

Specified person for this purpose has been defined to mean wholly owned subsidiaries of Abu Dhabi Investment Authority (ADIA), notified Sovereign Wealth Fund (SWF) and notified Pension Funds (PF), which fulfil conditions specified in the clause or to be prescribed for the PF.

GST: No coercive steps for recovery without following adjudication process: HC

July 22, 2020 2787 Views 0 comment Print

Rishi Bansal Vs Union of India (Delhi High Court) FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT The petition has been listed before this Bench by the Registry in view of the urgency expressed therein. The same has been heard by way of video conferencing. Present writ petition has been filed challenging the letter dated […]

CORRIGENDUM to Notification No. 33/2020-Income Tax

July 22, 2020 1275 Views 0 comment Print

CBDT issues CORRIGENDUM to Notification No. 33/2020-Income Tax dated 23rd June, 2020, which dealt with Section 10(46) exemption to Greater Noida Industrial Development Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM Notification No. 53/2020-Income Tax New Delhi, the 22nd July, 2020 S.O. 2410(E).—In the notification of the Government of India, […]

Form GSTR-4 Annual Return made available on GST portal

July 21, 2020 16104 Views 2 comments Print

GSTN has made Form GSTR-4 (Annual Return for Composition Taxpayers) available on the GST portal. This will enable 17 lakh Composition Taxpayers to file their returns on an annual basis with effect from FY 2019-20.

Section 271F penalty valid for not filing Return if Total Income before section 54 exemption exceeds maximum amount not chargeable to income-tax

July 21, 2020 9111 Views 0 comment Print

Shankar Lal Kumawat Vs ITO (ITAT Jaipur) Section 271F penalty valid for not filing Return if Total Income before section 54 exemption exceeds maximum amount not chargeable to income-tax Section 139(1)(b) provides that every person, being a person other than a company or a firm, if his total income or the total income of any […]

CBDT Order for sharing of information with 10 Govt agencies

July 21, 2020 4812 Views 0 comment Print

Order under section 138 of the Income-tax Act,1961 for sharing of information through NATGRID platform with 10 Government agencies namely CBI, DRI, ED, CBIC,  Cabinet Secretariat, Intelligence Bureau, DGGI, Narcotics Control Bureau, Financial Intelligence Unit & NIA. F. No. 225/53/2020/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New […]

Filing of Statement of Deviation or Variation in XBRL Mode by Companies

July 21, 2020 4236 Views 0 comment Print

The disclosure to the Stock Exchange(s) shall be made by listed entities on quarterly basis along with the declaration of financial results (within 45 days of end of each quarter / 60 days from the end of the last quarter of the financial year) until such funds are fully utilized or the purpose for which these proceeds were raised has been achieved.

Quantity for export of sugar to EU under CXL quota notified

July 21, 2020 3105 Views 0 comment Print

Public Notice No. 14/2015-2020– The quantity of 10000 MT sugar (raw and/or white sugar) to be exported to EU under CXL Quota from 01.10.2020 to 30.09.2021 has been notified. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice No. 14/2015-2020-DGFT New Delhi, the 21st […]

Appeal preferred on merits cannot be rejected merely due to delay: HC

July 21, 2020 1689 Views 0 comment Print

Sachin Enterprise Vs Assistant Commissioner (Delhi High Court) Keeping in view the aforesaid order dated 20th July, 2020 passed by a Coordinate Division Bench, we are not inclined to entertain the present petition when the petitioner has an equally alternate efficacious remedy of preferring an appeal before the Additional Commissioner, GST. The present petition is […]

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