Sponsored
    Follow Us:

Direct Tax Collections Surpass 80% of Budget Estimates for F.Y. 2023-24

January 12, 2024 777 Views 0 comment Print

Ministry of Finance has released the provisional figures for Direct Tax collections up to January 10, 2024, showcasing a robust performance and surpassing 80% of the total Budget Estimates for Direct Taxes in the fiscal year 2023-24.

Madras HC Overturns GST Assessment on Deceased; Legal Heirs Get Relief

December 26, 2023 7377 Views 0 comment Print

Read the full judgment from Madras High Court setting aside a GST assessment order against the deceased M.K.Girish. Legal heirs granted relief; court directs a response within 6 weeks.

SCN should indicate allegations to enable noticee to reply on issue: Delhi HC

December 26, 2023 2487 Views 0 comment Print

Delhi HC quashes GST cancellation in SK Enterprises case, stressing clarity in show cause notices. Upholds procedural fairness.

Direct Tax Collections Soar 20.66% in FY 2023-24

December 19, 2023 4953 Views 0 comment Print

Ministry of Finance’s report on robust direct tax collections for FY 2023-24, witnessing a 20.66% surge. Analysis of net collections, refunds, and growth insights.

Delhi HC Quashes Invalid GST Search Authorization due to Lack of Statutory Basis

December 18, 2023 951 Views 0 comment Print

Delhi HC quashes GST search on Bhagat Ram Agro, cites errors in authorization and lack of statutory basis. Emphasizes the importance of legal adherence in GST proceedings.

Chhattisgarh HC upholds constitutional validity of Section 16(4) of CGST Act

December 18, 2023 10668 Views 0 comment Print

High Court held that provision contained in Section 16(4) of CGST Act is violative of neither Article 14 of Constitution nor Articles 19(1)(g) & 300A of Constitution

Refund of Tax paid on export is not barred by period of Limitation: Delhi HC

December 14, 2023 1254 Views 0 comment Print

Delhi High Court ruling on Grapes Digital Pvt. Ltd. vs. Principal Commissioner, allowing IGST refund for export of services and addressing interest on late payments.

Accumulated ITC refund under Inverted duty structure is available even if Input & Output are under Same Tax Rate: Delhi HC

December 13, 2023 4425 Views 0 comment Print

Read detailed analysis of Delhi High Court judgment in Indian Oil Corporation Limited vs. Commissioner of CGST. Understand ITC refund eligibility under inverted duty structure.

CBIC Issues Clarification on Secondment of Overseas Employees to Indian Companies and Section 74(1) of CGST Act

December 13, 2023 6753 Views 0 comment Print

Explore the recent CBIC instruction (No. 05/2023-GST) addressing the secondment of employees by overseas entities to Indian firms, clarifying implications under Section 74(1) of the Central Goods and Services Tax Act. Understand the nuances highlighted by the instruction, emphasizing a nuanced examination based on specific arrangements.

Tax Recovery Procedures Must Adhere to Legal Standards: Delhi HC

December 12, 2023 1167 Views 0 comment Print

Explore the detailed analysis of Lovelesh Singhal Prop Shivani Overseas vs Commissioner case, where Delhi High Court emphasizes adherence to proper tax recovery procedures.

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728