Interest free refundable security deposit is not taxable as income : High Court HIGH COURT OF ANDHRA PRADESH Coastal Ceramics and Clay Works (P.) Ltd. v. Union of India U. DURGA PRASAD RAO AND VENKATA JYOTHIRMAI PRATAPA, JJ. WRIT PETITION NO: 15833 OF 2023 DECEMBER 28, 2023 ORDER 1. Heard learned counsel for petitioner Sri N.Vijay and… Read More »
Partnership Firm cannot be compelled to charge interest or remuneration of partner , if same not charged follwing per Partnership deed : ITAT IN THE ITAT SURAT BENCH Dinesh India Co. v. ACIT PAWAN SINGH, JUDICIAL MEMBER AND DR. ARJUN LAL SAINI, ACCOUNTANT MEMBER IT APPEAL NO. 381 (SRT) OF 2023 [ASSESSMENT YEAR 2017-18] SEPTEMBER 18,… Read More »
Advisory on introduction of new Tables 14 & 15 in GSTR-1 15/01/2024 As per Notification No. 26/2022 – Central Tax dated 26th December 2022 two new tables Table 14 and Table 15 were added in GSTR-1 to capture the details of the supplies made through e-commerce operators (ECO) on which e-commerce operators are liable to… Read More »