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:
Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…
Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…
When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…
ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…
Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…
Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…