Last date to avail Input Tax Credit in respect of invoices or Debit Notes relating to such invoices pertaining to period from July, 2017 to March, 2018 – Clarification by Finance Ministry There appears to be misgiving about the last date for taking Input Tax Credit (ITC) in …
Assessment order u/s 153C will supersede an earlier order passed u/s 143(3). ITAT allowed the additional ground raised and restored the issue to the file of Assessing Officer ABCAUS Case Law Citation: ABCAUS 2582 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: CIT vs. Anil …
Non service of notice-affidavit of director cannot be brushed aside lightly. ITAT remands the issue to Assessing Officer to decide afresh ABCAUS Case Law Citation: ABCAUS 2581 (2018) (10) ITAT The assessee had filed an appeal against the order of CIT(A) in confirming the disallowance made by the …
Disallowance For prepaid insurance expenses set aside on the principle of consistency where incurrence of expenditure for the purposes of business was not disputed ABCAUS Case Law Citation: ABCAUS 2580 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: ACIT vs. Shri Satish Sehrawa CIT Vs. …
Under GST Regime service tax audit under Rule 5A can not be initiated  Gujarat High Court in a judgment with far reaching implications stayed Service Tax Audit by CAG. This would definitely put a break on the harassment of the assessees by authorities who were issuing fresh notice for service tax …
Guidelines for handling, storage of valuable goods seized, confiscated by Customs. Implementation of e-malkhana system, GPS tracking, X-ray machines etc Instruction No. 17/2018 -Customs F.No. 394/97/2015-Cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs (Investigation-Customs) New  Delhi , dated …
