Tea Board of India to collect tax at source from sellers (i.e. tea producers) and auctioneers on net value of supply of tea and on brokerage respectively Circular No. 74/48/2018-GST F. No. 20/16/04/2018- GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes …
Scope of principal and del-credere agent relationship under CGST Act – CBEC Clarification Circular No. 73/47/2018-GST F. No. 20/16/04/2018- GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 5th November, 2018 The Principal …
Commissioner Appeals cannot not enhance assessment unless the assessee had a reasonable opportunity of showing cause against such enhancement – ITAT ABCAUS Case Law Citation: ABCAUS 2614 (2018) (11) ITAT Important Case Laws Cited/relied upon: Gedore Tools Pvt. Ltd. Vs. CIT 238 ITR 268 Spandana Foundation Vs. ADIT …
Compensation received from builder under settlement for failure to give possession of flat within stipulated time held not capital receipts nor interest, hence taxable at all ABCAUS Case Law Citation: ABCAUS 2613 (2018) (11) ITAT Important Case Laws Cited/relied upon: Kettlewell Bullen & Co. Ltd. Vs CIT (10\964) …
Supply from PSU to PSU exempted from applicability of provisions relating to TDS under GST Law with effect from the 1st day of October, 2018 – Notification Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 61/2018 – Central …
Mistake in mentioning some digits of Truck number on E-way bill – High Court directs release of goods and vehicle on furnishing security and indemnity bond ABCAUS Case Law Citation: ABCAUS 2612 (2018) (11) HC Lately, the Hon’ble Allahabad High Court had held that Seizure of goods for …