Clarification regarding GST rates and classification of certain goods based on the recommendations of the GST Council in its 50th meeting held on 11th July, 2023 CBIC has issued Circular clarifying the GST rates and classification of certain goods based on the recommendations of the GST Council 50th …

GST Clarification – RCM on services supplied by director of a company in his personal capacity, supply of food or beverages in cinema hall   CBIC has issued circular clarifying charge of GST on RCM basis on services supplied by director of a company in his personal capacity …

Only five days time allowed to reply questionnaire was not sufficient opportunity. ITAT deletes penalty u/s 272A(1)(d) of the Income Tax Act, 1961 ABCAUS Case Law Citation:ABCAUS 3786 (2023) (08) ITAT In the instant case, the assessee had challenged the order passed by the Commissioner of Income Tax …

CBIC issues GST notifications as per GST Council Recommendations 1. Exemption from filing Annual return for financial year 2022-23. 2. “Account Aggregator” notified as systems with which information may be shared by the common portal based on consent under Section 158A 3. Exemption from registration to persons making …

Before notice to director for recovery u/s 179, Revenue must establish recovery cannot be made from Private Company – SC dismisses SLP ABCAUS Case Law Citation:ABCAUS 3785 (2023) (07) SC Important Case Laws relied upon:Vanraj V. Shah vrs. Dy. Commissioner of Income Tax and anotherUnion of India Vrs. …

Benefit of cash deposit up to 2.50 lacs for demonetisation period not available separately for household earnings of non taxpayer wife ABCAUS Case Law Citation:ABCAUS 3784 (2023) (07) ITAT In the instant case, the appeal was preferred by the assessee against the order passed by the passed by …