Daily Archives: August 6, 2021

Know all about e-RUPI, the new digital payment instrument

By | August 6, 2021

Know all about e-RUPI, the new digital payment instrument Ministry of Finance Know all about e-RUPI, the new digital payment instrument Posted On: 06 AUG 2021 10:57AM by PIB Mumbai (Prime Minister Shri Narendra Modi  on August 2nd launched digital payment solution e-RUPI, a cashless and contactless instrument for digital payment. Prime Minister said that the… Read More »

Taxpayer allowed to clear repaired re-imported goods without payment of IGST : High Court

By | August 6, 2021

HIGH COURT OF DELHI Interglobe Aviation Ltd. v. Union of India D.N. PATEL, C.J. AND JYOTI SINGH, J. W.P.(C) NO. 5617 OF 2021 JUNE  1, 2021 Ms. Charanya Lakshmikumaran, B.L. Narasimhan, Yogendra Aldak and Kunal Kapoor, Advs. for the Petitioner. Chetan Sharma, Aashish Jain, Vinay Yadav, Akshay Gadeock, Amit Gupta, Sahaj Garg and Satish Kumar for the Respondent. JUDGMENT D.N. Patel, CJ. – Proceedings have been conducted through video conferencing. CM… Read More »

GST Department can block ITC u/r 86A even if no positive credit standing in the electronic credit ledger : High Court

By | August 6, 2021

HIGH COURT OF ALLAHABAD R.M. Dairy Products LLP v. State of Uttar Pradesh NAHEED ARA MOONIS AND SAUMITRA DAYAL SINGH, JJ. WRIT TAX NO. 434 OF 2021 JULY  15, 2021 Nishant Mishra and Yashonidhi Shukla for the Petitioner. ORDER Heard Mr. Nishant Mishra along with Ms. Yashonidhi Shukla, learned counsel for the petitioner, Mr. Manu Ghildyal, learned counsel representing respondent… Read More »

GST Deaprtment can not encash bank guarantee if time to file appeal not expired : High Court

By | August 6, 2021

HIGH COURT OF KERALA Varahamurthi Flexirub Industries (P.) Ltd. v. State Tax Officer, Squad-VII, Palakkad A.M. BADAR, J. WP (C) NO.3900 OF 2021(J) FEBRUARY  16, 2021 JUDGMENT 1. Heard both sides. The petitioner, who has suffered an order of confirmation of penalty at the hands of the respondent-State Tax Officer, is challenging the action of the… Read More »

New Law Relating to Reassessment under Income Tax Act

By | August 6, 2021

Taxmann’s New Law Relating to Reassessment – Commentary with discussion on fundamental concepts & issues arising under the new law combined with commentary on statutory provisions & jurisprudence Paperback – 1 August 2021 by D.C. Agrawal (Author), Ajay Kumar Agrawal Buy Online Click here This book is a comprehensive commentary on the Reassessment provision under the Income-tax Act, as… Read More »