Immediate Release of Income Tax Refund upto Rs 5 Lakh, GST and Custom Refund IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately ; Around 14 lakh taxpayers to benefit All GST & CUSTOM refunds also to be released ; to provide benefit to around 1 lakh business entities… Read More »
No GST exemption because of Deemed University status as it is not Governmental Authority, : AAR The applicant has contended, vide the application, that there is an error apparent on the face of the record. Applicant has submitted that it has incorrectly been observed from the submission made by the applicant that Visvesvaraya National Institute of Technology… Read More »
N0 bail in GST if Taxpayer issued Fake Invoices There are serious allegations against the petitioner that fake invoices of approximately Rs. 931 crores involving GST of approximately Rs. 127 crores without movement of goods have been issued and input tax credit has been availed. HIGH COURT OF PUNJAB AND HARYANA Sanjay Dhingra v. Director… Read More »
No Attachment of Bank Accounts of Taxpayer in GST if supplier is not traceable During the pendency of any proceedings under section 62 (assessment of non-filers of returns) or section 63 (assessment of unregistered persons) or section 64 (summary assessment) or section 67 (inspection, search and seizure) or section 73 (determination of tax not paid… Read More »
GST Officer Denial of copies of seized documents by GST Officer is violation of GST Rules HIGH COURT OF KERALA Mozart Global Furniture v. State Tax Officer (Intelligence), Nilambur A.K. JAYASANKARAN NAMBIAR, J. WP (C) NOS. 34457, 34470, 34494, 34505, 34531, 34560 & 34451 OF 2019 DECEMBER 17, 2019 Harisankar V. Menon, Smt. Meera V. Menon and Smt.… Read More »
GSTN Advisory for Composition Taxpayer FY 2020-21 I CA Satbir Singh Advisory on Opting-in for Composition Scheme for 2020-21 – Extension of Dates in view of COVID-19 pandemic 07/04/2020 A.Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for opting for composition scheme by normal taxpayers, for the financial year 2020-21.… Read More »