#CA Bimal Jain
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2,793 articlesIncome Tax

Income Tax
Credit of TDS to be allowed for salaries even if same is not deposited with exchequer
Service Tax

Service Tax
No service tax liability on foreclosure charges collected by banks & NBFCs on premature termination of loans
Goods and Services Tax

Goods and Services Tax
Assessee should not be left without remedy due to non-constitution of GST Tribunal
Goods and Services Tax

Goods and Services Tax
Assessee directed to file representation for release of blocked funds w.r.t. alleged non-payment of GST and excess availment of ITC
Goods and Services Tax

Goods and Services Tax
GST: HC directs revenue to provide opportunity of hearing to ensure natural justice
Income Tax

Income Tax
Notice issued without sufficient reasons to initiate reassessment is not sustainable
Goods and Services Tax

Goods and Services Tax
Revenue department cannot go beyond scope of SCN to create new ground at adjudication stage
Income Tax

Income Tax
Mere ‘reason to believe’ not satisfy condition for reopening of assessment
Income Tax

Income Tax
Penalty not leviable if there is reasonable cause for failure to get accounts audited
Income Tax

Income Tax
No penalty can be levied if income already taxed in the hands of another entity
Goods and Services Tax

Goods and Services Tax
Cancellation of GST Registration without stating a reason in SCN/Order is cryptic in nature
Goods and Services Tax

Goods and Services Tax
GST provisions cannot be interpreted to deny right to trade & commerce to any citizen
Income Tax

Income Tax
Assessee cannot claim Section 54F exemption based on unregistered Banakhat agreement
Service Tax

Service Tax
