New waiver for GST Late Fees and interest by CBIC I CA Satbir Singh
New waiver for GST Late Fees and interest by CBIC I CA Satbir Singh
Monthly Archives: September 2021
New GST Clarification issued by CBIC I Big Reliefs I ITC, Refund ,Export,Invoices I CA Satbir Singh
New GST Clarification issued by CBIC I Big Reliefs I ITC, Refund ,Export,Invoices I CA Satbir Singh
Circular No161/17/2021 GST : Clarification relating to export of services
Circular No. 161/17/2021-GST Clarification relating to export of services F. No. CBIC-20001/8/2021–GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ****** New Delhi, dated the 20th September, 2021 To The Pr. Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax… Read More »
Circular No 160/16/2021 GST : Clarification of GST related issues on ITC, Refund , Invoices etc
Circular No 160/16/2021 GST F. No. CBIC-20001/8/2021-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ****** New Delhi, dated the 20th September, 2021 To The Pr. Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Directors General… Read More »
GST Circular No 159/15/2021 : Clarification on doubts related to scope of “Intermediary”
GST Circular No 159/15/2021 GST : Clarification on doubts related to scope of “Intermediary” F.No. CBIC-20001/8/2021-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing *** New Delhi, dated the 20th September, 2021 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioners of… Read More »
Assets purchased for showroom of dealer for promoting sale is allowed as Capital Expenditure : High Court
HIGH COURT OF KERALA Apollo Tyres Ltd. v. Deputy Commissioner of Income-tax, Circle 1(1), Ernakulam S.V. BHATTI AND BECHU KURIAN THOMAS, JJ. IT APPEAL NO. 26 OF 2013 JULY 29, 2021 Joseph Markose, Sr. Counsel, V. Abraham Markos, Binu Mathew, Mathews K. Uthuppachan, Terry V. James and Tom Thomas Kakkuzhiyil, Advs. for the Appellant. P.K.R. Menon and Jose Joseph and Christopher Abraham for the Respondent. S.V.Bhatti, J. Heard learned Senior… Read More »
Compensation paid to tenant for surrender of land is allowed as deduction from Capital Gains : High Court
HIGH COURT OF KARNATAKA Trimm Exports (P.) Ltd. v. Deputy Commissioner of Income-tax, Circle – 12(4), Bangalore ALOK ARADHE AND HEMANT CHANDANGOUDAR, JJ. IT APPEAL NO. 43 OF 2017 JULY 13, 2021 A. Shankar, Sr Counsel, V. Chandrashekar and M. Lava, Advs. for the Appellant.K.V. Aravind for the Respondent. JUDGMENT Alok Aradhe, J. – This appeal under section 260-A of the Income-tax Act,… Read More »
Maintenance charges received from tenants for property taxable as business income : ITAT
IN THE ITAT DELHI BENCH ‘A’ Deputy Commissioner of Income-tax, Circle-3(1), New Delhi v. Arham IT Infrastructure (P.) Ltd. N.K. BILLAIYA, ACCOUNTANT MEMBER AND K.N. CHARY, JUDICIAL MEMBER IT APPEAL NO. 5300 (DEL) OF 2016 [ASSESSMENT YEAR 2013-14] JULY 27, 2021 Jagdish Singh, Sr. DR for the Appellant. Sudesh Garg, Adv. for the Respondent. ORDER N.K. Billaiya, Accountant Member. –… Read More »
De-Activation of IECs not updated on the DGFT
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated: 20thSeptember 2021 Trade Notice 18/2021-2022 To, 1.All IEC Holders/Members of Trade 2.DGFT Regional Authorities 3.Export Promotion Councils/Commodity Boards/ other Industry Associations Subject: De-Activation of IECs not updated on the DGFT This Trade Notice… Read More »
Assessment in the name of dead person not valid : High court
HIGH COURT OF GUJARAT Bhupendra Bhikhalal Desai v. Income Tax Officer, Ward 1(2)(1) J.B. PARDIWALA AND ILESH J. VORA, JJ. R/SPECIAL CIVIL APPLICATION NOS. 22441, 22444 & 22474 TO 22478 OF 2019 MARCH 8, 2021 Darshan R. Patel for the Petitioner. M.R. Bhatt, Sr. Adv. and Mrs. Mauna M Bhatt for the Respondent. JUDGMENT J.B. Pardiwala, J. – Rohinton Fali Nariman,… Read More »