11 May Bombay High Court’s Landmark Judgment on Provisional Attachment under GST
Get a legal perspective on Bombay High Court's stance on GST attachment orders. Explore the implications and significance of the verdict....
Tax Liabilities Tag
25 Apr Blocked Input Tax Credit (ITC) under GST: Key Points You Need to Know
In the realm of Goods and Services Tax (GST) in India, understanding Input Tax Credit (ITC) is crucial for businesses to ensure compliance and optimize their tax liabilities....
20 Apr To beat the last minute rush, some taxpayers start filing ITRs early
To beat the last minute rush, at least some taxpayers have started filing their income tax returns for assessment year 2024-25 after the Central Board of Direct Taxes (CBDT) enabled functionalities for commonly used income tax returns from April 1 this year....
09 Apr High Court of Madras sets aside GST penalty, emphasizes fair hearing and pre-assessment payments in tax disputes.
The High Court of Madras recently ruled on a case involving a works contractor for government departments, addressing penalties imposed under the Tamil Nadu Goods and Services Tax Act, 2017....
03 Apr Income tax department cracks down on PAN fraud for false HRA claims
The income tax department has unearthed a scam involving the fraudulent use of permanent account numbers (PAN) to claim house rent allowance (HRA) without actual tenancy....
30 Mar Revenue Department is not empowered to seize Cash under GST
The Delhi High Court, in the matter of Jagdish Bansal v. Union of India [W.P. (C) No. 16677 of 2023 dated February 26, 2024], granted relief to the petitioner by allowing the writ petition...
26 Mar Implications of Non-Compliance with GST Return Filing under Section 62 of CGST Act
The Goods and Services Tax (GST) regime, implemented in India in 2017, mandates registered taxpayers to regularly file returns to declare their taxable supplies and corresponding tax liabilities. ...
26 Mar Assessee is entitled to interest from the date immediately after the expiry of sixty days from the date of receipt of the GST refund application
The Hon'ble Delhi High Court, in the case of Raghav Ventures vs. Commissioner of Delhi [Writ Petition (Civil) No. 12209 of 2023 dated March 01, 2024]...
26 Mar Discretion of Appellate Authority in Admitting Appeals Beyond Limitation Period
In the case of Arvind Gupta v. Assistant Commissioner of Revenue State Taxes [Writ Petition Application No. 2904 of 2023 dated January 04, 2024]...
30 Jun Concept of telescoping and peak credit & Telescoping in Income Tax assessments
During the course of assessment of income, the AO may discover cash receipts in the books, or cash deposits in the bank...