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Delhi High Court defers ruling on GST deadline extension notifications, awaiting Supreme Court's decision amid conflicting High Court ...
A common point of confusion for millions of grocery store owners and other small retailers in India is whether they must include Harmonized System of Nomenclature (HSN) code when filing their GSTR-1 ...
CESTAT Chennai rules on service tax liability for TASMAC's bar license fees, affirming statutory function post-March 2013 and citing judicial ...
Punjab & Haryana High Court dismisses revenue appeals, quashing tax scrutiny assessment against Crystal Phosphates Ltd. due to non-compliance with binding CBDT instructions for case ...
Accurate classification of materials and inventory is central to transparent financial reporting, particularly under the ...
Explore legality of denying Input Tax Credit (ITC) to purchasers due to supplier non-compliance under GST. Learn from a landmark High Court ruling addressing buyer rights and responsibilities in GST ...
Understand role of Form 10F for non-residents to claim Double Taxation Avoidance Agreement (DTAA) benefits and avoid higher withholding tax in ...
CESTAT Delhi rules Customs officers lack power to re-determine export FOB value. Overturns order against Jayantah Trading Co on over-valuation, penalties, and drawback. Reaffirms transaction value ...
13. The Hon’ble Apex Court in the case of Suncraft Energy (supra) had occasioned to consider that the party who has paid the tax on invoices being raised and non-discharge of duties by the counterpart ...
Input Tax Credit (ITC) is one of the core features of the Goods and Services Tax (GST) system in India. It allows registered taxpayers to reduce their tax liability by claiming credit for the GST paid ...
Upcoming bank nomination reforms allowing multiple nominees may complicate deposit claims, creating issues for heirs and banks unless key legal and practical challenges are ...
The Income Tax Appellate Tribunal (ITAT) Amritsar has deleted an addition of Rs. 4.72 lakh made to the income of senior citizen Balbir Kaur for Assessment Year 2012-13. The addition stemmed from a ...