CE free webinar on relevance of GST: Statutory audits and tax audits are going on. Last time many professionals finalized them without giving the proper adherence to GST issues. But this time we need to be more careful. Experiences of last year will definitely help.
CBDT has issued a new circular regarding the Exception to monetary limits for filing appeals specified in any Circular issued under Section 268A of the Income-tax Act, 1961-reg. Following is the text of the circular: F. No. 279/Misc.lM-93/20l8-ITJ(Pt.) Government of India Ministry of Finance Department of
1. Since the issues raised in all the captioned writapplications are the same, those were heard analogously and are being disposed of by this common judgment and order. 2. RULE returnable forthwith in all the captioned writapplications. Mr.Soaham Joshi, the learned AGP waives service
Introduction: Brief Analysis of Writ Petition filed under Article 226 of the Constitution before High Court of Gujarat at Ahmedabad in case of Siddharth Enterprises vs Nodal Officer. Purpose of Writ: a. To allow filing of declaration in form GST Tran-1 and GST Tran-2, to
What is the concept of Deemed Exports? To boost export sector and to reduce financial burden on exporters, government has notified some supplies as Deemed Exports. These supplies are made by any GST registered person to some specified (notified) entities who fulfill criteria in this regard.
Waiver of late fees on GSTR 3b: A recent decision of Gujrat high court raised questions about GSTR 3b. Whether it is a prescribed return or not. Now in case of the same applicant another matted is listed. The applicant has requested for waiver of
Brief Analysis of order passed by Hon’ble Appellate Authority of Advance Ruling in respect of appeal filed by MRF Ltd against the order the AAR on the issue of Input Tax Credit on the consideration not paid by reasons of post-sale discount. Following is the
CBDT guidelines for manual selection of returns for detailed scrutiny CBDT issued a circular for guidance on manual selection of returns for detailed scrutiny. There are 5 parametres to for selection of returns for scrutiny. F.No.225/169/2019/ITA-II Government of India Ministry of Finance Department of Revenue
Introduction: AAAR of Maharastra held the decision of AAR. The case of Bajaj finance limited was taken to AAAR. late payment penalty does not interest, held by AAR. It is confirmed by AAAR. Facts of the case: In this case, the applicant is a non-banking
entry tax on excavators is unconstitutional: Entry tax on excavator considering them motor vehicle is unconstitutional. Held by Gujrat High court. In case of- M H KHANUSIYA Versus STATE OF GUJARAT Facts of the case: “That the petitioner is duly registered under the Gujarat Value