ICAI Professional Misconduct order quashed on the issue of limitation period on entertaining complaint or information and remanded back to the Disciplinary Committee ABCAUS Case Law Citation: ABCAUS 2607 (2018) (11) AA Important Case Laws Cited/relied upon: Sunderdas Thakersey and Brothers V/s P K Mukherji, AIR 1966 Cal 468 Kishori …

False declaration of trucks by transporter-assessee cannot be held guilty for non deduction of TDS u/s 194C as his liability ceased with declaration ABCAUS Case Law Citation: ABCAUS 2606 (2018) (11) ITAT Important Case Laws Cited/relied upon: Steel Authority of India Limited v. Additional Commissioner of Commercial Tax …

Guidelines  regarding circumstances  in which Input Tax Credit has to be blocked /unblocked from Electronic credit ledger On the subject captioned above, it is intimated that GSTN has recently released API for application of the functionality for blocking and unblocking of Input Tax Credit by the statutory authorities …

Examination for Confirmation of Enrollment of GST Practitioners to be conducted on 7th December, 2018 at designated Examination Centres across India  The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Services Tax Practitioners …

Compensation received on termination of export contract eligible for deduction u/s 10A being in the course of export business – High Court ABCAUS Case Law Citation: ABCAUS 2605 (2018) (11) HC Important Case Laws Cited/relied upon: Commissioner of Income Tax and Anr. vs. Tata Elxsi Ltd. : (2012) …

Period for discharge of functions by Adjudicating Authority and Appellate Tribunal under Benami Properties Act. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st November, 2018 S.O. 5608(E).—In exercise of powers conferred by section 71 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988) …