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TMI - e-Newsletter TaxTMI Seeking rectification in Form GSTR-1 - limitation... TaxTMI Validity of Orders passed u/s 73 - excess claim of... TaxTMI Penalty for Non-filing of monthly return - Seeking... TaxTMI Detention of the goods and vehicle - stock transfer... TaxTMI Refund of EDD - Period of limitation - Appellant... TaxTMI Additions on the basis of material seized during... TaxTMI Penalty u/s 270A - allegation of misreporting as... TaxTMI Estimation of income - bogus purchases - The... TaxTMI Rejection of application for registration u/s... TaxTMI Condonation of delay - substantial delay of 166... TaxTMI Unexplained cash credit u/s 68 - The Court... TaxTMI Validity of Reassessment notices issued unsigned -... TaxTMI Demand of late fee u/s 47(1) of the CGST / SGST Act... TaxTMI Validity Of Order passed u/s 73 - Denial of ITC... TaxTMI Validity Of Order passed u/s 73 - cryptic order -... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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May 28, 2016 Finance Minister to Leave today for Japan on 6-Day Official Visit: To Meet Investors for Investment in India May 27, 2016 EU-India Make Co-ordinated Proposal for KP Chair in 2018 and 2019 May 27, 2016 Government Invites Comments and Inputs of the Stakeholders on Implementation of General Anti Avoidance Rule Provisions-Issuance of Guidance Note May 27, 2016 RBI Reference Rate for US $ May 26, 2016 Commerce Minister Smt. Nirmala Sitharaman meets Bahrain Minister of Industry, Commerce & Tourism May 26, 2016 SAARCFINANCE Good policy has been essential to our stability: RBI Governor at Governors’ Symposium May 26, 2016 RBI Reference Rate for US $ May 26, 2016 First of its kind survey on Passenger Satisfaction Survey at Chhatrapati Shivaji International Airport (CSI) Airport, Mumbai gives a positive feedback about quality of services etc May 26, 2016 Extension of Scheme for E-assessment to Hyderabad and Kolkata during the Current Financial Year 2016-17 May 25, 2016 Minister of Railways launches three more Budget Announcement 2016-17 namely (1) Extension of newly introduced cancellation facility for PRS counter tickets through 139 or IRCTC website for all confirmed, RAC and waitlisted PRS Counter tickets (2) Release of Handout on ‘Railway initiatives for Ease of Doing Business’ and Nomination of ‘Key Customer Managers’ and (3) Flagging off of Roll-On-Roll-Off(Ro-Ro) train Ex.-Bihta to Turki in Bihar May 25, 2016 Customer Service in Banks: Caveat Venditor (Shri S. S. Mundra, Deputy Governor - May 23, 2016 - at the Conference of the PCCOs organized by BCSBI, Mumbai) May 25, 2016 Financial restructuring of Hindustan Fertilizer Corporation Limited for faster revival of Barauni Unit May 25, 2016 Cabinet gives ex-post facto approval to the proposal of M/s Yes Bank Ltd. for increase in the foreign investment limit from 41.87% to 74% May 25, 2016 RBI Reference Rate for US $ May 24, 2016 India signs loan agreement with world bank for IBRD loan of US$ 100 million for ‘Karnataka Urban Water Supply Modernization project’ May 24, 2016 Quarterly Report on Debt Management for the Quarter January-March 2016 (Q 4 FY 16) released; Gross and Net Market borrowing requirements of the Government for FY16 were revised lower to ₹ 5,85,000 crore and ₹ 4,40,608 crore, which were lower by 1.18 per cent and 2.75 per cent respectively than ₹ 5,92,000 crore and ₹ 4,53,205 crore in FY15 May 24, 2016 EASE OF DOING BUSINESS - ACHIEVEMENTS OVER THE PAST TWO YEARS May 23, 2016 Comments and suggestions sought from stakeholders and general public on draft rules and forms prepared for determination of fair market value of Indian and global assets and the manner for reporting requirement on the Indian concern in which the foreign company or entity holds the assets in India May 23, 2016 Auction for Sale (Re-issue) of Government Stocks May 23, 2016 Committee for examining applications made under Rule 10VA notified

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F: Sec 16(4) Reversal of ITC when 3B is filed belatedly

A: FILING APPEAL BEFORE SUPREME COURT – LOW TAX EFFECT

A: A Simple Analysis of Duty Drawback

A: Can a Registered Person claim an Input Tax Credit of IGST whose Place ...

F: Composition scheme

H: Cancellation of GST Registration - Legal Validity of Retrospective Can...

H: Levy of penalty - goods were undervalued - The High Court, after caref...

H: Levy of Penalty u/s 129(3) of the Central Goods and Service Tax Act, 2...

H: Levy of GST - Royalty- seigniorage fee paid by the petitioner to the G...

H: Credit of TDS - Non-reflection of TDS credit in its 26AS statement - T...

H: Foreign Tax Credit u/s. 90 - denial of tax credit paid in the source c...

H: Penalty proceedings for a default committed by a deceased - legal repr...

H: Estimation of income - Bogus purchases - Second reopening assessment p...

H: Revision u/s 263 - Upon examination, the Tribunal found that the Asses...

H: Validity of the assessment order passed u/s 143(3) - Assumption of jur...

H: Lack of jurisdiction of AO in issuing notice u/s.143 (2) - Change of r...

H: Addition u/s 68 r.w.s. 115BBE - Bogus LTCG - The Tribunal examined the...

H: AO/CPC jurisdiction u/s 143(1) to carry out 43B(a) disallowance - The ...

H: Revocation of the custom broker license - The Tribunal observed that t...

H: Initiation of CIRP - Financial creditor within the meaning of sub-sect...

A: ADDITIONAL GROUNDS OF APPEAL AND ORDER IN APPEAL IN GST

A: Know the Challenges and Issues with GST

F: sales Against 0.1% GST- if export not done within 90 Days

C: Framework for Category I and II Alternative Investment Funds (AIFs) to...

C: Flexibility to Alternative Investment Funds (AIFs) and their investors...

N: Securities Contracts (Regulation) (Stock Exchanges and Clearing Corpor...

A: WRONG FIXATION OF FEES PAYABLE TO INTERIM RESOLUTION PROFESSIONAL

A: MANNER OF FILING APPEAL BY COMMISSIONER

A: Recovery proceedings not to be initiated against the former director o...

A: A simplified GST guide designed for commission agents and brokers.