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Release Imported Used Digital Multifunction Machines on enhanced customs duty payment: Madras HC

May 10, 2024 276 Views 0 comment Print

Read the Madras High Court’s order directing release of imported second-hand digital multifunction printing and copying machines upon payment of enhanced customs duty.

ITAT Directs Re-adjudication on allowbility of property tax paid in earlier years

May 10, 2024 402 Views 0 comment Print

Discover the ITAT Mumbai’s order directing re-adjudication regarding the liability of property tax paid by Rare Townships Pvt Ltd on behalf of the Collector.

Inadvertent errors in GSTR 3B filing: Madras HC Sets Aside GST RCM Liability Order

May 9, 2024 4095 Views 0 comment Print

In a verdict, Madras HC sets aside a GST RCM liability order due to inadvertent errors in GSTR 3B filing, remands for reconsideration. Full text of judgment included.

SC Upholds Taxability of Interest-Free Loans to Bank Employees

May 9, 2024 2292 Views 1 comment Print

Explore the Supreme Court’s decision upholding the taxation of interest-free/concessional loans to bank employees as perquisites under Rule 3(7)(i) of the Income Tax Rules.

Accountant Misses GST Notices: Madras HC Allows Contest on 10% Pre-deposit

May 9, 2024 747 Views 0 comment Print

Raj Rekha challenges an order due to accountant’s oversight of GST notices. Madras HC permits contest with 10% pre-deposit. Analysis of the case.

Non-Response to SCN: Madras HC Allows Contesting GST Liability

May 9, 2024 567 Views 0 comment Print

Tvl. Jones Enterprises challenges tax liability for non-response to show cause notices. Madras HC permits contest with 10% pre-deposit. Detailed analysis.

HC Directs GST Appellate Authority to Process Appeal Without Considering Limitation

May 9, 2024 702 Views 0 comment Print

Madras High Court directs to condone 21 days’ delay in GST appeal, citing lack of satisfaction of Section 74. Full judgment analysis included.

Income Tax Dept. must permit personal hearing through NFAC upon assessee’s request

May 9, 2024 1446 Views 0 comment Print

Delhi High Court ruling states Income Tax Dept. must permit personal hearing through National Faceless Assessment Centre upon assessee’s request. Full text judgment provided.

Section 44BB does not override provisions related to PE or DTAA benefits

May 9, 2024 294 Views 0 comment Print

Read the detailed analysis of Computer Modelling Group Ltd. vs. ACIT (ITAT Delhi) regarding interest leviable from the assessee for short payment of tax due to payer’s TDS default before FY 2012-2013.

No PMLA Proceedings After Predicate Offence Acquittal: Delhi HC

May 9, 2024 582 Views 0 comment Print

Read the detailed analysis of Delhi High Court’s judgment upholding the release of attached properties after acquittal in the predicate offence. Full text included.

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