Refund granted should be adjusted first towards interest component and balance left if any shall be adjusted towards the tax component – ITAT ABCAUS Case Law Citation: ABCAUS 2113 (2017) (11) ITAT The Challenge/Grievance: The Revenue was aggrieved by the order of Commissioner of Income Tax Appeals …
Functionality of Table 6A of Form GSTR-1 available on GST Portal The functionality of Table 6A of Form GSTR-1 is now available on GST Portal. Taxpayer can file their export data from the month of August, 2017 onwards. This will enable the exporters to get IGST refund from …
MCA-No requirement of separate uploading Forms 49A-49B related to PAN-TAN after filing SPICe e-forms with effect from 6PM of 4th November 2017 As part of its continuous efforts for simplifying Incorporation related process for providing Ease of Doing Business to stakeholders, MCA will be dispensing with the requirement …
Addition based on judicial precedence in other cases unsustainable without first addressing the factual inadequacy of assessee’s explanation – ITAT ABCAUS Case Law Citation: ABCAUS 2112 (2017) (11) ITAT The Challenge/Grievance: The appellant assessee had challenged the correctness of the order passed by CIT(A) confirming the additions …
Cash received over and above land registry price treated as capital gain for taxation purpose. Addition on account of unexplained income deleted – ITAT ABCAUS Case Law Citation: ABCAUS 2111 (2017) (11) ITAT Brief Facts of the Case: A sum of Rs. 12,50,000/- was deposited by the appellant …
Implementing Electronic Sealing for Containers by exporters under self-sealing procedure-Further Clarifications Circular No. 41 / 2017-Customs F. No: 450/08/2015-Cus.IV Government of India Ministry of Finance Dept. of Revenue Central Board of Excise and Customs ***** Dated, the 30th October, 2017 North Block, New Delhi To, All Principal Chief …
