All News

02 Sep 24
GST collections increase by 10% to reach ?1.74 trillion in August
CBDT rolls out Dispute Resolution Scheme (e-DRS) 2022 to minimise litigation
Siemens Hit with Rs 29.4 Crore Tax Demand from Income Tax Department
Infosys Hit with Rs 3 Crore Tax Penalty Over Alleged Discrepancies in ITC and Payments
01 Sep 24
Shipping Corporation Faces Rs 160 Crore GST Demand for FY20 Due to Input Credit Mismatch
CBIC to Notify GST Provisions Under Finance Act 2024 Post 54th GST Council Meeting on 9th September
SCI Faces GST Controversy: ?160 Crore Demand Notice for FY 2019-20
31 Aug 24
GST E-way Bill Expiry Due to Lack of Route Can’t Be a Ground for Applying Section 129: Allahabad HC Rejects Order
P&H HC Quashes ?128 Cr Fine Imposed on LAO for Failure to Deduct TDS from Interest on Increased Compensation
Delhi ITAT: Routine Support Services Can’t Be Classified as FTS Under India-UK DTAA
27 Aug 24
Mandatory Biometric Aadhaar Authentication & Document Verification for GST Registration in Dadra and Nagar Haveli, Daman and Diu and Chandigarh
Ministers panel on GST reviews rates of several categories
GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1
26 Aug 24
Unlinked PAN with Aadhaar Result in High Tax Demands, Putting Firms in a Difficult Position
Payment, GST Invoice, E-way Bill Insufficient to Prove Physical Movement of Particular Goods: HC Upholds Penalty U/S 74
All About New RCM Liability/ITC Statement Under GST Regime
25 Aug 24
GST Portal Introduces RCM Liability/ITC Statement.
GSTN Issues Advisory for Furnishing Bank Account Details Before Filing GSTR-1/IFF
Delhi CESTAT: Wrong Address Cited in Invoices Can’t be a Valid Reason to Reject CENVAT Credit
24 Aug 24
Calcutta HC: Non-compliance with the Statutory Provision of Section 75(4) Invalidates the GST Order
GoM Defers GST Slab Changes, Focuses on Rate Review Across Sectors
Madras HC Allows One-Day GSTR-3B Filing Delay and Dismisses ITC Reversal GST Notice
23 Aug 24
Madras HC: GST Authority Must Rectify Mistakes in GSTR 1 Made by the Assessee
Kerala HC: Delay Condonation Applications Should Be Judicious, Not Hyper-Technical
New Fear for Companies, CBDT Seeks Explanation for Major Discrepancies in Their Reported Incomes
FM Sitharaman: Increase in Tax Collections Reflect India`s Growing Economic Formalization
FM Sitharaman Pushes for RRBs to Boost Credit Flow to MSMEs in Cluster Areas
22 Aug 24
FM Sitharaman Calls for Fair, User-Friendly Tax Notices and Emphasizes Speedy Refunds and Capacity Building
GST Intelligence Uncovers Rs 1.2 Trillion Tax Evasion Since 2020
Delhi HC: Tax Deduction U/S 80-Ia(7) Can’t Be Rejected Due to Not Filed Audit Report Digitally
CBDT Clarifies All Conditions for Income-tax Clearance Certificate
Ministry of Education Steps After IIT-Delhi Receives ?120 Cr GST Notice for Research Grants
21 Aug 24
CAG Urges Finance Ministry to Target High-Risk GST Composition Taxpayers
Bombay HC Sets Aside Tax Notice Against Director as TDS Already Deposited with Interest
CAG Instructs FM to Determine High-risk GST Composition Scheme Taxpayers
20 Aug 24
Finance Ministry to Review GST Rates on Digital News Subscriptions
CAG Urges Finance Ministry to Target High-Risk GST Composition Taxpayers
President Murmu Gives Assent to Finance (No 2) Bill 2024
CAG Urges Finance Ministry to Target High-Risk GST Composition Taxpayers
19 Aug 24
E-Way Bill Generation Hits Record High of 10.48 Crore in July
Finance Ministry Grants Income Tax Exemption to UIDAI for 5 Years Until FY 2027-28
Bombay HC Quashes Jurisdictional AO’s Exercise U/S 148A Conducted Outside Faceless Mechanism
18 Aug 24
Mumbai ITAT Quashes Addition on Interest Income from FD Due to Lack of Evidence
Quick Guide to Income Tax Section 148A with New Changes
Cuttack ITAT Remands Case to CIT(A) for Reassessment of Non-Compliance and Evaluation of Evidence
17 Aug 24
Ahmedabad ITAT: AO Failed to Specify Tax Penalty u/s 274 and 271(1)(c)
Allahabad HC Rules Detention Unwarranted if E-Way Bill is Presented Before Seizure Order
Madras HC Quashes 300% GST Penalty for Belated Tax Returns, Instructs to Place a New Order
14 Aug 24
Bajaj Finance Faces Rs 342 Crore GST Show Cause Notice
GST Panel Likely to Consider Insurance Relief Plea
Telangana HC Allows GST Exemption for Construction Services in Maldives

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