Supreme Court explains the doctrine of mutuality.  In a recent judgment, the Supreme Court has explained the doctrine of mutuality. Receipts of non-occupancy charges, transfer charges, common amenity fund charges received by cooperative societies, from its members exempt from tax ABCAUS Case Law Citation: ABCAUS 2260 (2018) (03) …

After enactment of GST, administrative Charges on Molasses can not be levied under the provision of the U.P. Sheera Niyantran Adhiniyam 1964-Allahabad High Court  stays the demand.  ABCAUS Case Law Citation: ABCAUS 2259 (2018) (03) HC In a recent judgment the Allahabad High Court has stayed the Administrative …

Be sensitive to the demands and the dignity the honest tax payer, the tax payer is your partner, not your adversary-President tells IRS Trainee Officers  The Hon’ble President of India was talking to the 71st batch of trainee IRS offficers. The full text of his speech is as …

Due date for furnishing Country-by-Country report -CBDT Clarification The Government of India issues clarification regarding requirement for furnishing of Country-by Country Report under Section 286(4) of Income Tax Act, 1961.  In keeping with India’s commitment to implement the Recommendations of the 2015 Final Report on Action 13, titled “Transfer Pricing …

Goods and Services Tax Network made User-Friendly  Goods and Services Tax Network (GSTN) had sought the views of the taxpayers about their experience and difficulties.  A survey was conducted by GSTN on overall taxpayer’s satisfaction during the months of October 2017 & November 2017. The taxpayers for the Survey …

CGST Rules Amendments related to Anti Profiteering Authority and issue of challan for goods sent from one job worker to another Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs Notification No. 14/2018 – Central Tax New Delhi, the 23rd March, 2018 …