TMI Tax Updates - e-Newsletter dated: May 26, 2023 - with Direct Tax, Indirect Tax and GST Updates and Updates on FTP, FEMA, IBC & Corporate Laws etc. published on TMI with Latest Case Laws

Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights What's New

TMI Tax Updates - e-Newsletter

FAQ - ₹2000 Denomination Banknotes –...

Role and Responsibilities of Reporting Entities...

Foreign Trade Policy, 2023 and procedures

Finance Act, 2023 + Union Budget 2023-24

GST Council Meetings and Decisions

Follow us:


Tax Updates - TMI e-Newsletters

Home e-Newsletters Index Year 2023 May Day 26 - Friday ← Older Newer →
TMI e-Newsletters FAQ

TMI Tax Updates - e-Newsletter May 26, 2023 Case Laws in this Newsletter: GST Income Tax Customs Corporate Laws Securities / SEBI Insolvency & Bankruptcy Service Tax Central Excise CST, VAT & Sales Tax Login to see detailed Newsletter Highlights / Catch Notes GST : Levy of penalty u/s 129 (3) of CGST Act - the notice issued u/s 129(1)(a) was nothing more... GST : Seeking cancellation of anticipatory bail granted to respondent/accused - It appears that... I.Tax : Obligation to file return of income - Assessee being a member of a scheduled tribe - All that... I.Tax : Addition u/s 41(1) - addition towards waiver of liability / expenditure claimed earlier - One... I.Tax : Hearing of the appeal out of turn - grievance of very high-pitched scrutiny assessment -... I.Tax : LTCG - Benefit of exemption u/s 54F - Purchase of second residential house - assessee already... I.Tax : Renovation expenditure as capital expenditure - payment towards purchase of furniture and... I.Tax : Income deemed to accrue or arise in India - PE in India - employees of the assessee were... I.Tax : Addition u/s 68 - AO observed that unexplained money of the assessee brought into its business... Cus. : Violation of import condition - goods (Raw Petroleum Coke) having sulphur content in excess of... Cus. : Revocation of CB license reversed - The department has not been able to demonstrate possession... Co.Law : Seeking restoration of striken off name of company - company was non-operational - neither any... IBC : Initiation of CIRP - NCLT admitted the application filed u/s 7 - status / locus of Debenture... IBC : Initiation of CIRP - NCLT rejected the application - Scope of the agreement between parties... S.Tax : Maintainability of writ petition - Alternative remedy of appeal - Erroneous order of the First... S.Tax : Rejection of petitioner’s application under the Sabka Vishwas (Legacy Dispute Resolution)... S.Tax : Cross utilization of CENVAT Credit - input services - With effect from 2004 when Cenvat Credit... VAT : Classification of goods sold - photo identity cards - The principal contention urged by the... VAT : Validity of SCN demanding VAT - charges collected for supplying and installation of goods in... Articles Registering as an Indian Subsidiary Company : Things you should know Four months – 120 or 121 days – litigation initiated by appellate authority by adopting meaning of four months as 120 days causing tax payer to approach High Court. Rent on Accommodation buildings located outside the boundaries of religious places are chargeable to GST Notifications DGFT 07/2023 - dated 24-5-2023 - FTP Amendment in Export Policy of broken rice under HS Code 1006 40 00 GST 13/2023 - dated 24-5-2023 - CGST Seeks to extend the due date for furnishing FORM GSTR-7 for April, 2023 for registered persons whose principal place of business is in the State of Manipur. 12/2023 - dated 24-5-2023 - CGST Seeks to extend the due date for furnishing FORM GSTR-3B for April, 2023 for registered persons whose principal place of business is in the State of Manipur. 11/2023 - dated 24-5-2023 - CGST Seeks to extend the due date for furnishing FORM GSTR-1 for April, 2023 for registered persons whose principal place of business is in the State of Manipur. GST - States 03/2023-State Tax (Rate) - dated 23-5-2023 - Delhi SGST Amendment in Notification No. 1/2017- State Tax (Rate), dated the 30th June, 2017 S.O. 38/P.A.5/2017/S.148/Amd./2023 - dated 8-5-2023 - Punjab SGST Amendment in Notification No. S.O. 66/P.A.5/2017/ S.148/2019, dated the 31st May, 2019 G.O. Ms. No. 53 - dated 12-5-2023 - Tamil Nadu SGST Amendment in Notification No. II(2)/CTR/232(h-5)/2020,dated 13th April, 2020 G.O. Ms. No. 49 - dated 11-5-2023 - Tamil Nadu SGST Amendment in Notification No. II(2)/CTR/532(d-14)/2017 dated 29th June, 2017 Income Tax 31/2023 - dated 24-5-2023 - IT Specifies Rs. 25,00,000 as maximum amount received as leave encashment for the purpose of section 10(10AA) 30/2023 - dated 24-5-2023 - IT Provision of section 56(2)(viib) of IT Act 1961, shall not apply to consideration received by a company for issue of shares that exceeds the face value of such shares in the case of Startup, subject to conditions - Supersession Notification No. 13/2019 dated 5th March 2019 29/2023 - dated 24-5-2023 - IT Provision U/s 56(2)(viib) of IT Act 1961 shall not apply in respect of Exemption from any consideration for issue of shares that exceeds the face value of such shares, the aggregate consideration received for such shares as exceeds the fair market value of the shares - Central Government notifies class or classes of persons Circulars / Instructions / Orders DGFT - Trade Notice No. 05/2023-24 - dated 25-5-2023 Amendment under Interest Equalisation Scheme Customs - 12/2023 - dated 24-5-2023 Foreign Trade Policy 2023 News Webinar on ‘New e-Invoice FO portal’ Increased limit for tax exemption on leave encashment for non-government salaried employees notified IICA conducts 3-day training programme on ‘Leadership Skills for Government Officers’ of Directorate General of Civil Aviation (DGCA) DRI busts clandestine makeshift laboratory in Nagar Kurnool District, Telangana; seizes 31.42 kg Alprazolam worth Rs. 3.14 crore, one held Case Laws: GST 2023 (5) TMI 1019 2023 (5) TMI 1018 2023 (5) TMI 1016 2023 (5) TMI 1017 Income Tax 2023 (5) TMI 1008 2023 (5) TMI 1007 2023 (5) TMI 1006 2023 (5) TMI 1005 2023 (5) TMI 1004 2023 (5) TMI 1003 2023 (5) TMI 1015 2023 (5) TMI 1002 2023 (5) TMI 1001 2023 (5) TMI 1012 2023 (5) TMI 1014 2023 (5) TMI 1000 2023 (5) TMI 999 2023 (5) TMI 998 2023 (5) TMI 997 2023 (5) TMI 996 2023 (5) TMI 995 2023 (5) TMI 994 2023 (5) TMI 1011 2023 (5) TMI 968 2023 (5) TMI 1010 2023 (5) TMI 1009 2023 (5) TMI 1013 Customs 2023 (5) TMI 990 2023 (5) TMI 993 2023 (5) TMI 989 2023 (5) TMI 992 2023 (5) TMI 988 2023 (5) TMI 987 2023 (5) TMI 991 Corporate Laws 2023 (5) TMI 986 Securities / SEBI 2023 (5) TMI 985 Insolvency & Bankruptcy 2023 (5) TMI 983 2023 (5) TMI 982 2023 (5) TMI 981 2023 (5) TMI 980 2023 (5) TMI 979 2023 (5) TMI 978 2023 (5) TMI 984 Service Tax 2023 (5) TMI 977 2023 (5) TMI 976 2023 (5) TMI 975 2023 (5) TMI 974 2023 (5) TMI 971 Central Excise 2023 (5) TMI 973 2023 (5) TMI 972 CST, VAT & Sales Tax 2023 (5) TMI 970 2023 (5) TMI 969
← Older Newer →

F: Software export

H: Discussion on: Late fee for the period from date of cancelation of reg...

H: Discussion on: GST APPLICABLE ON SALES OF FACTORY SHED - the experts h...

F: Composite Supply

F: Criteria For Zero Rated Supply

F: ITC on import of goods

F: CDNR-AMENDMENT NOT DECLARE IN GSTR-1

F: Refund of ITC in case of Export with payment of Tax

F: GST on amount received from google

F: Services supplied to employees

F: Cdnr not declared in gstr 1

F: Supplier charged Lower GST rate, Goods and Services Tax - GST

F: ROSL scheme and ITC under GST

F: GOODS TRANSPORT AGENCY

F: Tax impact of International trade

H: Liability to pay GST under reverse charge basis - Kacha Arhtiya or not...

H: Transfer u/s 127 - Power to transfer case under the Faceless Assessmen...

H: Place of supply of services. - In order to examine whether Section 13(...

H: Provisional attachment of cash-credit facility - Section 83 of the CGS...

H: Levy of tax and penalty - E-way Bill lost its validity - Appellate aut...

H: Nature of receipts - treatment to toll charges during the project cons...

H: Rectification of mistake u/s 154 - salary income - denying the HRA Exe...

H: Capital gain - JDA - transfer of capital asset u/s 2(47) - There is no...

H: TP Adjustment - Interest on delayed receivables - only two instances w...

H: Additions towards Bogus purchases - Estimation of profit - Purchases a...

H: Assessment u/s 153A - validity of granting the approval u/s 153D - The...

H: Levy of penalty u/s 112(a) - under-invoicing the import goods - Power ...

H: Refund of Special Additional Duty (SAD) - Period of limitation - Condi...

H: 100% EOU - Joint filing of import documents by the EOU / EPZ unit and ...

H: Smuggling - burden to prove - invocation of Section 123 - the statemen...