PENALTY FOR NOT issuing E-INVOICE IN GST I BUYER LOSS ALSO I CA SATBIR SINGH E-Invoice is Mandatory Generating invoice electronically with IRN is mandatory for certain class of taxpayers, as notified by the Government from time to time. Registered persons who are mandatorily required to issue E-invoice are as follows-: Ø With effect… Read More »
GST Appeal can not be rejected because it was filed manually : High Court HIGH COURT OF ANDHRA PRADESH Ali Cotton Mill v. Appellate Joint Commissioner (ST) U. DURGA PRASAD RAO AND MS. J. UMA DEVI, JJ. WRIT PETITION NO. 3308 OF 2021 FEBRUARY 11, 2021 ORDER U. Durga Prasad Rao, J. – The petitioner seeks writ of mandamus declaring… Read More »
TAX AUDIT नहीं करवाना पड़ेगा I INCOME TAX में बड़ी खबर FOR BUSINESSMEN & PREFESSIONAL I CA Satbir
Remuneration and interest from partnership firm to not to be included in Gross Receipt for Tax Audit : High Court IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO.1333 OF 2021 Perizad Zorabian Irani ….Petitioner V/s. Principal Commissioner of Income-Tax (Central)-1 Mumbai & Ors …Respondents —- Dr. K. Shivram,… Read More »
GST में TAXPAYER को मिली राहत I ITC Claim I CA Satbir Singh
ITC can be used for any outward supply, one to one correlation of input with output not required : AAR APPELLATE AUTHORITY FOR ADVANCE RULING, GUJARAT Aristo Bullion (P.) Ltd., In re M.S. TORAWANE AND SEEMA ARORA, MEMBER ADVANCE RULING (APPEAL) NO. GUJ/GAAAR/APPEAL/2021/367 IN APPLICATION NO. ADVANCE RULING/SGST&CGST/2021/AR/05 DECEMBER 22, 2021 PROCEEDINGS M/s. Aristo Bullion Pvt.… Read More »
Instruction No 1/2022 Application in Form 15E for certificates under section 195(2) & 195(7) of the Income Tax Act, 1961- initiating the receipt of applications for the certificate before the start of FY and barring the receipt of applications for current FY after a cut-off date Download Click here
BE(A)WARE – A Booklet on Modus Operandi of Financial Frauds by RBI The Reserve Bank has today released a booklet, “BE(A)WARE” on the common modus operandi used by fraudsters and precautions to be taken while carrying out various financial transactions. The surge in the digital modes of payments witnessed in the past few years gained further momentum… Read More »