It’s that time of the year when you need to invest in different investment products to enable tax savings for FY 2021-22 OR else regret after March that you did not utilize the benefit of various deductions available for you Now a days, nobody wants to invest just for Tax savings, everybody wants such investment […]
ई – इन्वोइसिंग- अब 1 अप्रैल 2022 से 20 करोड़ की सप्लाई पर लागू कर दिया है तो आप मान कर चलिए कि ई – इन्वोइसिंग अब सेवा और व्यापार के बहुत बड़े हिस्से को कवर करने वाली है और इसके बाद हो सकता है कि इसकी सीमा को और भी कम सप्लाई की रकम […]
GSTN enabled a new feature of Geo-location for new registration and amendment of address for existing registration The Goods and Services Tax Network (GSTN) has enabled new feature of Geo-location for picking address for new registration and amendment of address for existing registration.
CGST Commissionerate, Raigad of CGST Mumbai Zone has smashed a racket of fake GST Input Tax Credit (ITC) involving fake invoices amounting to Rs. 70 Crore involving ITC of Rs. 13 Crore and has arrested the proprietor of a Kalamboli based firm, M/s. Zaid Enterprises.
D. Vidya Sagar Vs Union of India (Telangana High Court) Validity of Toll Tax when taxes required under Motor Vehicles Act (Road Tax) are been paid The petitioners before this Court, who are advocates and owners of Hyundai Creta and Hyundai 1-20 and they have stated that while purchasing the cars, they have paid taxes […]
The Ministry of Corporate Affairs (MCA) vide its Notification dated 04th March, 2022 has notified Limited Liability Partnership (Second Amendment) Rules, 2022 to further amend the existing Limited Liability Partnership Rules, 2009, which shall come into force on the date of its publication in the Official Gazette. Sr. No. Amendment Effect/ Comments 1 Substitution: Rule […]
Avijeet Saluja Vs State of NCT of Delhi (Delhi High Court) Delhi HC quantifies maximum permissible limit of alcohol storage at residence. 1. The Delhi High Court has affirmed that an individual, aged above 25 years, can possess 9 litres of Indian Liquor and Foreign Liquor, i.e., whisky, vodka, gin and rum, and 18 litres […]
Section 74 of DGST Act, 2017 provides that in cases of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized, for reasons of fraud or willful mis-statement or suppression of facts , the adjudication order will be issued within five years from the due date of filing of annual return for the year to which the discrepancy is noticed. Further, the show cause notice is required to be issued at least six months prior to the time limit.
Learn why it’s crucial for your small scale business to register for GST. Understand the benefits of GST and its impact on your business.
CBI, ACB, Nagpur has registered a case U/s 7 A of Prevention of Corruption Act against Shri Hernant Rajandekar, Chartered Accountant, M/s V. R Inamdar & Co., Ajni Chowk, Nagpur, on receipt of a complaint from Shri Jayant Laxmikant Choupane, Contractor. M/s Jai Electricals & Electronics, District – Yavatmal alleging demand of bribe of Rs. 4,50,000/- as motive to induce Shri Mukul Patil , Joint Commissioner. CGST, Nagpur-2 by corrupt and illegal means to cause performance of a public duty dishonestly.
