Seizure of goods under UPGST-Limitation period for appeal starts not from the date of service of order on truck driver but the owner– High Court ABCAUS Case Law Citation:ABCAUS 2669 (2018) (12) HC A writ petition was filed in the Hon’ble High Court on the following interesting question …
No deemed rental house property income can be computed when flats are held as stock in trade – ITAT deletes addition ABCAUS Case Law Citation:ABCAUS 2668 (2018) (12) ITAT Important Case Laws Cited/reliedupon:M/s. Cosmopolis Construction vs. ITOM/s. C.R. Developments Pvt. Ltd. Vs. JCITM/s. Runwal Constructions Vs. ACIT Shri …
Assessee entitled to full ITC forVAT paid at higher rate if the liability had been borne by the assessee and not passed on – High Court ABCAUS Case Law Citation:ABCAUS 2667 (2018) (12) HC The instant revision was filed by the assessee under the Uttar Pradesh Value Added …
GST evasion-During FY 2018-19, suspected GST Evasion amounting to Rs. 12766.85 crore identified till the month of November, 2018 Shri Shiv Pratap Shukla, Minister of State for Finance in a Written Reply to a question in Lok Sabha today stated that during the current financial year (between April …
Autonomy of RBI acceptable within the framework of RBI Act says Minister of State for Finance. RBI transferred surplus fund of Rs. 2.65 lakh crores to Govt in last 5 years Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in …
Bogus donation racket for approved research association u/s 35(1)(ii) by Shri Arvindo Institute of Applied Scientific Research Trust-CBDT Advisory F. No. 225/351/2018-ITA (II) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes**** Room N0. 245A, North BlockNew Delhi, the 14th December,  2018 ToAll …
