Daily Archives: August 25, 2021

Estimation of probable sales by AO on the basis of packing material consumed by the assessee is not justified : HC

By | August 25, 2021

HIGH COURT OF MADRAS Commissioner of Income-tax, Chennai v. Paul Devaraj T.S. SIVAGNANAM AND MS. R.N. MANJULA, JJ. TAX CASE APPEAL NO.236 OF 2021 APRIL  1, 2021 Mrs. R. Hemalatha, SSC for the Appellant. A.S. Sriraman for the Respondent. JUDGMENT T.S. Sivagnanam, J. – This appeal has been filed by the Revenue under section 260A of the Income-tax Act, 1961 (‘the… Read More »

Trust Registration can not be rejected even if income in excess of expenditure : HC

By | August 25, 2021

HIGH COURT OF MADRAS Commissioner of Income Tax, Salem v. Angels Educational Trust T.S. SIVAGNANAM AND SATHI KUMAR SUKUMARA KURUP, JJ. T.C. APPEAL NO. 619 OF 2011 AUGUST  17, 2021 J. Narayanaswamy, Sr. Standing Counsel for the Appellant. R. Sivaraman for the Respondent. JUDGMENT T.S.Sivagnanam, J. – This appeal, by the appellant/Revenue, filed under section 260A of the Income-tax Act, 1961… Read More »

High Court allowed to file GST TRAN-1 as there were technical glitches on GST Portal

By | August 25, 2021

HIGH COURT OF MADRAS Tvl. Innovative Motors v. Goods and Service Tax Council, Secretariat, New Delhi MRS. J. NISHA BANU, J. W.P.(MD) NO. 7712 OF 2019 APRIL  15, 2021 B. Rooban for the Petitioner. Mrs. S. Ragaventhre, Junior Panel of Central Excise for the Respondent. ORDER 1. This Writ Petition has been filed by the petitioner to direct the respondents… Read More »

Option opted for GST @18% with input tax credit is applicable for all the apartments/villas of project including unbooked units : AAR

By | August 25, 2021

AUTHORITY FOR ADVANCE RULINGS, KERALA Victoria Realtors, In re SIVAPRASAD S. AND SENIL A.K. RAJAN, MEMBER ADVANCE RULING NO. KER/116/2021 MAY  28, 2021 M.P. Tony, Chartered Accountant for the Appellant. PROCEEDINGS 1. M/s. Victoria Realtors (hereinafter referred to as the applicant) is a partnership firm registered in Tamil Nadu and engaged in promotion of gated community villa projects in… Read More »

Railway parts such as Brush Holder Assembly parts etc to be classified under heading 86.07 : AAR

By | August 25, 2021

AUTHORITY FOR ADVANCE RULINGS, MAHARASHTRA Arco Electro Technologies (P.) Ltd., In re RAJIV MAGOO AND T.R. RAMNANI, MEMBER NO. GST-ARA-61/2020-21/B-31 JULY  13, 2021 PROCEEDINGS (Under Section 98 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017) The present application has been tiled under section 97 of the Central… Read More »

NO GST on employees portion of canteen charges collected by employer and paid to Canteen service provider : AAR

By | August 25, 2021

AUTHORITY FOR ADVANCE RULINGS, GUJARAT Tata Motors Ltd., In re SANJAY SAXENA AND ARUN RICHARD, MEMBER ADVANCE RULING NO. GUJ/GAAR/R/39/2021 JULY  30, 2021 Rajesh Shukla and Mukesh Dokania for the Applicant. RULING Brief Facts The applicant submitted that they are maintaining canteen facility to its employees at its factory premises to comply with the mandatory requirement of maintaining the canteen as… Read More »

GST Exports-Imports & Deemed Exports –2021

By | August 25, 2021

Taxmann’s GST Exports-Imports & Deemed Exports – Harmonious Blend to Consolidate & Explain different Provisions of GST, Customs, FTP & Allied Laws and Subsequent Procedural Changes Paperback – 9 August 2021 Price Rs 1987 Click here to buy online GST Exports-Imports & Deemed Exports is a harmonious blend of the following laws: GST Customs Foreign Trade… Read More »