Daily Archives: March 14, 2020

39th GST Council meting Decisions

By | March 14, 2020

Ministry of Finance Recommendations of GST council related to law & procedure Posted On: 14 MAR 2020 The 39th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman here today  . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur… Read More »

Category: GST

Recommendations of GST Council related on IT Roadmap

By | March 14, 2020

Recommendations of GST Council related on IT Roadmap Posted On: 14 MAR 2020 The 39th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman here today. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides  Finance Ministers of States… Read More »

Category: GST

Tax in Separate Heads if Salary & Commission received by Employee from employer : ITAT

By | March 14, 2020

ITAT remanded matter to tax commission received by employee from employer as his business income IN THE ITAT CUTTACK BENCH Jalendra Sahoo v. Income-tax Officer, Bhubaneswar CHANDRA MOHAN GARG, JUDICIAL MEMBER AND L.P. SAHU, ACCOUNTANT MEMBER IT APPEAL NO. 9 (CTK) OF 2017 [ASSESSMENT YEAR 2010-11] OCTOBER  16, 2019 S.N. Sahu, Adv. for the Appellant. Subhendu Dutta, DR for… Read More »

Section 14A : AO has to record dissatisfaction on suo motu disallowance by Assessee before applying Rule 8D : HC

By | March 14, 2020

  HIGH COURT OF BOMBAY Principal Commissioner of Income-tax-14 v. Godrej Investment Ltd. M. S. SANKLECHA AND NITIN JAMDAR, JJ. WRIT PETITION NOS. 3100 & 3109 OF 2019 NOVEMBER  26, 2019 Suresh Kumar for the Petitioner. Atul Jasani for the Respondent. ORDER 1. These two Petitions under article 226 of the Constitution of India challenge a common order dated 29 March… Read More »

Additions of undisclosed income can not be made on presumption without corroborative evidence : HC

By | March 14, 2020

  HIGH COURT OF ALLAHABAD Ajay Gupta v. Commissioner of Income-tax BHARATI SAPRU AND ROHIT RANJAN AGARWAL, JJ. IT APPEAL NO. 357 OF 2010 NOVEMBER  13, 2019 Parv Agarwal, for the Appellant. Krishna Agarwal and Shubham Agarwal, for the Respondent. ORDER Rohit Ranjan Agarwal, J. – This appeal under Section 260-A of the Income Tax Act has been filed by the assessee challenging… Read More »

No Provisional Attachment of bank account of another taxable person based on summon : HC

By | March 14, 2020

  HIGH COURT OF BOMBAY Gehna Trading LLP v. Union of India NITIN JAMDAR AND M.S. KARNIK, JJ. WRIT PETITION NO. 167 OF 2020 JANUARY  30, 2020 Brijesh Pathak for the Petitioner. J.B. Mishra for the Respondent. ORDER 1. By this Petition the Petitioner has challenged the action of the Respondents in provisionally attaching the bank account of the Petitioner. 2. On… Read More »

5% GST on Sale of advertisement space in print media : UTTARAKHAND AAR

By | March 14, 2020

AUTHORITY FOR ADVANCE RULINGS, UTTARAKHAND Harmilap Media (P.) Ltd, In re VIPIN CHANDRA AND AMIT GUPTA, MEMBER RULING NO. 03/2019-20 APPLICATION NO. 02/2019-20 JUNE  12, 2019 ORDER This is an application under sub-section (1) of Section 97 of the CGST/SGST Act, 2017 (hereinafter referred to as Act) and the rules made thereunder filed by M/s. Harmilap Media (P)… Read More »