Govt specifies Additional Secretary and Development Commissioner, Ministry of MSME as authority for disclosure of assessee information under section 138 of Income Tax Act, 1961 vide Notification No. 48/2020 dated 14th July 2020. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 14th July.2020 Notification No. 48/2020 […]
State of Chhattisgarh Vs Rikki Sahu (Chhattisgarh High Court) Offence under Section 188 of the IPC can be taken cognizance of by the learned Magistrate under Section 190 of the CrPC except in accordance with Section 195(1)(a)(i) of the CrPC and unless complaint in writing is filed by the concerned public officer, on the basis […]
Authority under Rule 133 (3) (a) of the CGST Rules, 2017 orders that the Respondent shall reduce the prices to be realized from the buyers of the flats of the above Project commensurate with the benefit of ITC received by him has been detailed above.
valuation of MLDs shall be carried out by an agency appointed by AMFI for the purpose of carrying out valuation hereinafter referred as AMFI appointed valuation agency.
P.R. Mani Electronics Vs Union of India (Madras High Court) Section 140 of the CGST Act read with Rule 117 of the CGST Rules enables a registered person to carry forward the accumulated ITC under erstwhile tax legislations and claim the same under the CGST Act. In effect, it is a transitional provision as is […]
Shiv Kishor Construction Private Limited Vs UOI (Patna High Court) It is not disputed that one of the impugned orders stands passed in violation of principles of natural justice. Impugned order dated 2nd of March, 2020 is passed by the Deputy Commissioner of State Tax, Patna Central Circle, Bihar, Patna who issued a notice asking the […]
Based on specific intelligence, DGGI Hqrs has detected GST evasion by a large number of grain-based distilleries on ‘wet distilled grains with solubles’ (WDGS) / ‘dried distilled grains with solubles’ (DDGS). These are distillery waste and dregs arising as a by-product in the process of manufacturing ethanol.
Assessment order passed by the A.O u/s 143(3) r.w.s 144C(3), in the hands of M/s Satyam Computers Services Ltd., i.e an entity that was non-existent on the date on which the assessment order was passed, had been held by the Tribunal in its aforesaid order as non-est in the eyes of law, therefore, the same does not survive and on the same terms is quashed.
Notification No. 47/2020- Central Government notifies Goa Real Estate Regulatory Authority and Telangana State Real Estate Regulatory Authority in respect of the specified income arising to that board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 47/2020-Income Tax New Delhi, the 13th […]
Notification No. 46/2020- Central Government notifies ‘National Aviation Security Fee Trust’ in respect of the specified income arising to that board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 46/2020-Income Tax New Delhi, the 13th July, 2020 S.O. 2326(E).—In exercise of the […]
