Day: January 28, 2018
The High Court explains the law on levy of interest u/s 234B(3) when reassessment is done determing escaped income after issue of refund. Prelude: Section 234B(3) of the Income Tax Act, 1961 (the Act) provides for levy of interest where a reassessment or re-computation under Section 147 or …
Exempted income can not be taxed even if no revised return filed. AO in proceedings u/s 143 can not refuse to grant relief on such technical plea – High Court ABCAUS Case Law Citation: ABCAUS 2183 (2018) (01) HC Important Case Laws Cited/relied upon by the parties: Goetze …
GST Rate on supply of goods to Indian Railway when covered/not covered under Chapter-86-Clarirification As per Notification No. 1/2017-Central Tax (Rate) dated 28th June, 2017 read with Notification No. 5/2017-Central Tax (Rate) dated 28th June, 2017, goods/services classified under Chapter 86, attarct GST at the rate of 5 per …
GST Notifications for change in CGST rates and exemption to certain services as per recommendation of GST Council 25th meeting held on 18.01.2018. Notification No. & Date of Issue Notification Subject 01/2018-Central Tax ,dt. 01-01-2018 Click Here >> Central Tax seeks to further amend notification No. 8/2017 – …