Taxpayers must furnish bank account details within 30 days of registration or before filing GSTR-1/IFF. Non-compliance may lead to GST registration suspension.
The Authority held that suppliers of goods cannot issue tax invoices on advances because Notification No. 66/2017 prescribes mandatory timing of tax liability. The ruling clarifies that advances must be documented through receipt vouchers only.
Delhi ITAT rules that reduction in percentage shareholding due to fresh share issuance is not a transfer under Income Tax law, providing relief to minority shareholders.
A detailed look at the revised ITC reporting norms in GSTR-9 following recent notifications and FAQs, highlighting how the new tables prevent double claims and mismatches.
The Court held that a Muslim man’s second marriage cannot be registered without hearing the first wife. Any objection requires the Registrar to stop registration and refer the parties to court.
SC held that Act reintroduced provisions earlier struck down, violating judicial independence and constitutional principles. It restored earlier service conditions and protected prior appointments.
Delhi High Court holds that the right to cross-examine witnesses in GST proceedings is not unfettered, and blanket requests without justification can be denied.
The Court held that cost directions based on earlier guidelines cannot be enforced as binding precedent. It set aside the imposed costs since the complainant sought no further payment and the appellant could not comply.
Learn the scope, time limits, and procedure for correcting mistakes apparent from records under Section 154, including appeal restrictions and rectification rules.
SEBI cautions investors against using unregistered OBPPs lacking oversight and protection. Only SEBI-registered platforms should be used to ensure compliance and safety.
