All News

24 May 24
GSTN Issues Letter on CBIC Migration to GSTN Back Office
Allahabad HC Cancels Petition Challenging GST ITC Reversal on Fake Supplies
ITAT Delhi U/s 44BB Receipts via Foreign Entity From Software Services In India Not Taxable If Absence of PE
Green Energy Report Calls for Wind and Hydropower Projects to Receives a GST Rebate
23 May 24
Madras HC: GST Act Section 65 Does Not Require to Show the Audit Report Fraud For Demands U/S 74
Madras HC New SCN Shall be Issues U/S 148 of the IT Act That Have not Been Raised Earlier
Tea-Seller Faces Rs 49 Crore IT Penalty Due to Fraudulent Transactions by Longtime Customers
FM Nirmala Sitharaman urges ICAI to set up `Big 4`- like Indian Firm
RBI Announces Record Dividend of Rs 2.11 Lakh Crore To Government
Ice Cream Manufacturers Hope for GST Rate Reduction After Election
22 May 24
GST Council Unlikely to Revoke 28% Tax on Online Gaming Industry
Center May Clarify GST Implications for Co-Lending Between NBFCs & Banks
Delhi CESTAT: Service Tax Payable on Buses Used for Carrying Passengers Can’t Be Considered Goods Transport
ITAT Hyderabad: No Objection Against Draft Order Then Final is Not Appealable U/S 144C
21 May 24
GST Council Unlikely to Revoke 28% Tax on Online Gaming Industry
ITAT Delhi Removes Tax Penalty U/S 271(1)(c) Due to Absence of Wrong Income or Intentional Concealment
Income from Leasing a Building is a Business Activity: ITAT Pune Cancels Reg. Filed U/S 12A
SC Marks ICAI Rule Validity Limiting CAs to Maximum Number of Tax Audits Annually
20 May 24
Supreme Court Upholds ICAI Rule Limiting CAs to 60 Tax Audits Per Year
New Feature Allows Users to Track Physical Verification Status of Registration Applications
SEBI Eases KYC Formalities for Mutual Funds: PAN-Aadhaar Link Rule Withdrawn
19 May 24
Income Tax Officer Loses Rs 48,902 in Online Reward Points Fraud
ICAI to Issue Global Networking Guidelines for Indian CA Firms
FISME & TN Chamber Identify GST Issues Faced by MSMEs & Traders in Tamil Nadu
18 May 24
Delhi HC Orders Re-adjudication of GST Order Cancelled Due to Insufficient Reasons for Rejection
GST Refund Not Processed Within Legal Timeframe: Delhi HC Orders Repayment Within 2 Weeks
Telangana GST AAR: IGST May Not Be Charged on Work for Foreign Customers Always
Assessee Receives GST Notice on Basis of Details from DGGI U/S 148: Bombay HC Quashes and Aside
17 May 24
FM Nirmala Sitharaman Stumped by Broker`s Tax Question at BSE Event
GSTN Expands Digital Payment Options to J&K, Now Covering 16 States/UTs
GSTN: Information from manufacturers of Pan Masal and Tobacco taxpayers
Madras HC Orders a 10% Pre-deposit for Reconsideration Due to Consultant’s Failure to Notify GST Return Discrepancies
Allahabad HC Quashes GST SCN as Well as Penalty Order Regarding Pre-Interception of E-Way Bills and Tax Evasion
16 May 24
GST Official Falls Victim to Fake Stock Trading App Scam, Loses Lakhs
Allahabad HC: No Penalty for Mistakenly Forgetting GST E-Way Bill Part-B, If Proof Provided
DGGI Initiates Investigations into Pharma Companies for Fake GST ITC and Non-payment Under RCM
Allahabad HC: As Per IT Section 144B(6), An Individual Hearing is Required to be Held if the Assessee Requests It
15 May 24
Madras HC Orders 10% Pre-accrued for Reconsideration of ITC Availed Due to GSTR 3B and 2A Discrepancies
SC Accepts Petition Against GST on Property Rights Transfers B/W Developers & Landowners
Madras HC Permits Transition of Unutilized Tax Paid Under VAT to Tamil Nadu GST Act.
14 May 24
Section 43B: Deductible Expenses Beyond MSME Payments
CBDT releases new functionality in AIS to increase transparency
Five States Ready for Aadhaar-based GST Registration Authentication
Gujarat GST AAR: ITC on Employer-Provided Canteen Services (Excluding Employee Contribution)
CBDT Releases Excel Utility & JSON Schema for ITR-3 Filing
13 May 24
ITR-3 Excel, Offline & Online Utility for AY 2024-25 Now Accessible for Filing
RBI appoints Shri R. Lakshmi Kanth Rao as new Executive Director
MCA Seeks Feedback On Review of Rules specified under the Chartered Accountants Act, 1949
12 May 24
Supreme Court: GST Officers Require Verifiable Material, Not Mere Suspicion Before Arrest
Section 43B: Deductible Expenses Beyond MSME Payments
Telangana HC: GST Authorities Can’t Block Credit Exceeding Negative Balance in ECRL