#CA Bimal Jain
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2,793 articlesIncome Tax

Income Tax
Allowed deduction of business loss including amount paid as managerial remuneration on account of it being business expenses
Income Tax

Income Tax
Mere time gap between withdrawals & deposits can’t be reason for alleging undisclosed income
Service Tax

Service Tax
No penalty if service tax been paid immediately after pointing by Auditor
Goods and Services Tax

Goods and Services Tax
Single Bench Order w.r.t Exemption provided to contribution upto Rs. 7,500/- PM to RWA under challenge before DB
Goods and Services Tax

Goods and Services Tax
Cotton Stored by CCI in Warehouses taxable @ 18% GST
Excise Duty

Excise Duty
CESTAT allows Cenvat credit for skill competition between dealers & employees
Goods and Services Tax

Goods and Services Tax
Assertions can’t be verified in absence of documents like shipping bills for GST refund
Goods and Services Tax

Goods and Services Tax
Right to avail Transitional Credit not affected due to amendment prescribing ITC time limit
Goods and Services Tax

Goods and Services Tax
Coaching services with other supply viz. test paper, printed material, bag, uniform etc. is a composite supply of services
Service Tax

Service Tax
Service Tax not leviable on discounts offered by car manufacturers to their dealers for onward transmission to corporate customers
Goods and Services Tax

Goods and Services Tax
ITC allowable on Invoices, not furnished in FORM GSTR-1 by Suppliers
Goods and Services Tax

Goods and Services Tax
Transfer of Development Rights under JDA taxable on value of similar flats offered to independent buyers
Goods and Services Tax

Goods and Services Tax
SC upheld the validity of Rule 89(5) of CGST Rules i.e. Refund under Inverted Duty Structure restricted to Inputs only
Goods and Services Tax

Goods and Services Tax
