Agriculture income can only be estimated by considering land holding size. Even big farmers not maintain details expected by Tax Authorities – ITAT ABCAUS Case Law Citation: ABCAUS 2823 (2019) (03) ITAT Important Case Laws Cited/relied upon by the parties Sumati Dayal, 214 ITR 801 Durga Prasad More, …

Addition u/s 68 for cash deposited in bank received from absconding debtor on the ground that notice sent was received back unserved, deleted ABCAUS Case Law Citation: ABCAUS 2822 (2019) (03) ITAT Important Case Laws Cited/relied upon by the parties CIT Vs. Sun Builders, 41 taxman.com 484 (Guj) …

Supplier of services under composition scheme allowed to issue bill of supply instead of tax invoice where annual turnover is upto Rs 50 lakhs Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Removal of Difficulty Order No. 3/2019-Central Tax New …

IGST payable on supply of PSLC traded over e-Kuber portal of RBI  Circular No. 93/12/2019-GST F. No. 354/124/2018-TRUGovernment of IndiaMinistry of FinanceDepartment of RevenueTax research Unit**** Room No. 156, North Block,New Delhi, 8th March, 2019 To,The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/Commissioner of Central Tax (All) /The …

Value of supply under GST not include TCS under Income Tax Act. CBIC clarifies and issues corrigendum to its Circular  Corrigendum to Circular No. 76/50/2018-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 …

Andhra Pradesh and Madhya Pradesh get new NCLT benches  The Government has approved establishment of two new benches of National Company Law Tribunal (NCLT), one at Amaravati in Andhra Pradesh and the other at Indore in Madhya Pradesh. This step has been taken keeping in view the increasing …