Highlights of decisions taken at 25th meeting of GST Council held on 18th January 2018 at New Delhi
As per Press Briefing of Finance Minister, GST rate has been cut down on 49 items while on 29 items will have GST rate of NIL.
Finance Minister briefing the media after the conclusion of the 25th GST Council Meeting
Highlights of decisions taken at 25th meeting of GST Council are as under:
Notice issued u/s 143(2) prior to filing of return of income by the assessee was invalid. Before filing ITR provisions…
Order u/s 148A(d) passed against non-existent entity is bad in eyes of law. Mere activation of PAN not give right…
Tax authorities not bound with provisions of section 44AE of the Act once assessee waived the option available In a…
Whether seized document is incriminating or not is definitely a findings of fact – High Court In a recent judgment,…
Interest earned on borrowed funds/ unutilized capital subsidy are capital receipts In a recent judgment, Hon'ble Guwahati High Court has…
There is no statutory requirement of pre-deposit for stay of demand under Income Tax Act - High Court stayed demand …