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sales Against 0.1% GST- if export not done within 90 Days
Dear Expert One of my client has made sale @ 0.10% to his Customer, But Customer has not done export within 90 days. in such case we have raised debit not for differential dues and Recover the Amount ... ...
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Validity Of Order passed u/s 73 - cryptic order - The High Court found merit in the petitioner's...
Validity Of Order passed u/s 73 - cryptic order - The High Court found merit in the petitioner's arguments regarding the inadequacy of the impugned order. It observed that the proper officer had faile... ...
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Validity Of Order passed u/s 73 - Denial of ITC with respect to the suppliers whose GST registration has...
Validity Of Order passed u/s 73 - Denial of ITC with respect to the suppliers whose GST registration has been cancelled retrospectively - The petitioner sought the right of cross-examination of witnes... ...
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Demand of late fee u/s 47(1) of the CGST / SGST Act - delay in filing of returns - Amnesty Scheme - GST...
Demand of late fee u/s 47(1) of the CGST / SGST Act - delay in filing of returns - Amnesty Scheme - GST portal does not support payment of late fee for late filing GSTR-9C - The High court ruled that ... ...
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Transitional credit - Unutilized amount of Advanced VAT paid - The court found that if the amount of...
Transitional credit - Unutilized amount of Advanced VAT paid - The court found that if the amount of advance tax paid under the VAT regime remained unutilized, it should be allowed to transition to th... ...
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Validity of Reassessment notices issued unsigned - maintainability of writ petition against this issue...
Validity of Reassessment notices issued unsigned - maintainability of writ petition against this issue in HC - The Court noted the petitioner's failure to file objections or comply with the procedure ... ...
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Unexplained cash credit u/s 68 - The Court highlighted that transactions appeared to be staged to mask...
Unexplained cash credit u/s 68 - The Court highlighted that transactions appeared to be staged to mask the reintroduction of the same funds as fresh capital, which is a common practice in round-trippi... ...
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LTCG - Receipt of additional amount towards TDR - treatment to receipt of consideration the appellant...
LTCG - Receipt of additional amount towards TDR - treatment to receipt of consideration the appellant ceased to be the owner of the property - compensation received for settlement of dispute in respec... ...
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CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- - - Dated:- 25-4-2024 - The Central Board of Direct Taxes (CBDT), has issued Circular No. 07/2024 dated 25.04.2024 further extending the due date for filing Form 10A / Form 10AB under the Income-tax... ...
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Validity of Assessment order u/s 147 r.w.s. 144B - Procedural Irregularities - The Court agreed with the...
Validity of Assessment order u/s 147 r.w.s. 144B - Procedural Irregularities - The Court agreed with the petitioner that the show cause notice appeared to be a draft assessment order under Section 144... ...
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Condonation of delay - substantial delay of 166 days before ITAT - The appellant argued that the delay...
Condonation of delay - substantial delay of 166 days before ITAT - The appellant argued that the delay in filing the appeal before the ITAT was due to the absence of real-time alerts for notices and o... ...
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Income deemed to accrue or arise in India - Attribution of Profit to permanent establishment (PE) in...
Income deemed to accrue or arise in India - Attribution of Profit to permanent establishment (PE) in India - The Tribunal observed that while the Assessing Officer attributed 25% of the profit to the ... ...
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Condonation of delay - Delay in filling of an appeal before ITAT - The ITAT observed taht the appeal was...
Condonation of delay - Delay in filling of an appeal before ITAT - The ITAT observed taht the appeal was delayed by 17 days. The assessee claimed the delay was due to illness, but failed to provide su... ...
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LTCG - Determination of Fair Market Value (FMV) - The Assessing Officer and the Commissioner of Income...
LTCG - Determination of Fair Market Value (FMV) - The Assessing Officer and the Commissioner of Income Tax (Appeals) accepted the fair market value of the property as on April 1, 1981, as calculated b... ...
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Prohibited category of persons - Section 13(3)
Prohibited category of persons - [ Section 13(3) ] Section13(3) gives the list of persons, use or application of the income or property of trust for whose direct or indirect benefit in a denial of the... ...
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Prohibited use or application by the member of trust or institution - Section 13(2)/(4)
Prohibited use or application by the member of trust or institution - Section 13(2) We have noted above that when any part of the income or any property of the trust whenever created, is, during the p... ...
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Sec 16(4) Reversal of ITC when 3B is filed belatedly
As we are aware, the Gujarat High Court in AAP judgement has held that (a). Sec 16(4) refers to due date of filing return u/s 39; (b). The form to be filed u/s 39 is GSTR 3 as prescribed in Rule 61; a... ...
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Rejection of application for registration u/s 12AA(1)(ac)(iii) r.w.s 80G(5) - The Appellate Tribunal...
Rejection of application for registration u/s 12AA(1)(ac)(iii) r.w.s 80G(5) - The Appellate Tribunal observed that the appellant was granted provisional registration under section 12AB of the Act, val... ...
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Estimation of income - bogus purchases - The Tribunal recognized the appellant's unique case, where only...
Estimation of income - bogus purchases - The Tribunal recognized the appellant's unique case, where only alleged bogus purchases of diamonds were evident. Referring to past assessments, the Tribunal d... ...
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Penalty u/s 270A - allegation of misreporting as per section 270A(9) - Penalty @200% in respect of...
Penalty u/s 270A - allegation of misreporting as per section 270A(9) - Penalty @200% in respect of excess claim of depreciation - The tribunal found that the depreciation claims, although excessive, w... ...