Daily Archives: January 25, 2024

Final Audit Report to be quashed if reply of the Taxpayer not considered by GST Officer : High Court

By | January 25, 2024

Final Audit Report to be quashed if reply of the Taxpayer not considered by GST Officer : High Court HIGH COURT OF ANDHRA PRADESH PBL Transport Corporation (P.) Ltd. v. Assistant Commissioner (ST) RAVI NATH TILHARI AND HARINATH NUNEPALLY, JJ. WRIT PETITION NO.33477 OF 2023 JANUARY  4, 2024 JUDGMENT (per Hon’ble Sri Justice Ravi Nath Tilhari) –… Read More »

Category: GST

CIT(A) can’t remand matter back to Assessing Officer after having decided the case in favour of the assessee : High Court

By | January 25, 2024

CIT(A) can’t remand matter back to Assessing Officer  after having decided the case in favour of the assessee in its entirety. HIGH COURT OF CALCUTTA Arun Kumar Bose v. Income-tax Officer T.S. SIVAGNANAM, CJ. AND HIRANMAY BHATTACHARYYA, J. ITAT NO. 147 OF 2023 IA NO. GA/1/2023 AUGUST  2, 2023 Ms. Sutapa Roy Choudhary and Ms. Aratrika Roy, Advs. for the Appellant. Om… Read More »

Order rejecting the ITC claim is not valid if relevant documents not considered by GST Officer : High Court

By | January 25, 2024

Order rejecting the ITC claim is not valid if relevant documents not considered by GST Officer : High Court HIGH COURT OF MADRAS Ingram Micro India (P.) Ltd. v. State Tax Officer SENTHILKUMAR RAMAMOORTHY, J WRIT PETITION NO.594 OF 2024 W.M.P.NOS.577 & 578 OF 2024 JANUARY  12, 2024 G. Natarajan, for the Petitioner. Mrs. K. Vasanthamala, for the Respondent.… Read More »

Category: GST

Lodge your complaint with SEBI I here is the Helpline Number

By | January 25, 2024

Lodge your complaint with SEBI at https://scores.gov.in/scores/Welcome.html  or SEBI Mobile App – SCORES   SEBI Toll free helpline – 18002667575 / 1800227575 NSDL helpline – 022-48867000 / 022-24997000 NSDL email for grievance – relations@nsdl.com NSDL email for other information – info@nsdl.com   Resolve your disputes in Securities Market online using SMART ODR Portal. Visit https://smartodr.in/login  

Facility to investors of voluntary freezing/de-freezing of Demat Accounts

By | January 25, 2024

Facility to investors of voluntary freezing/de-freezing of Demat Accounts through Depository Participants (DP) or SPEED-e facility If you wish to temporarily freeze/de-freeze your Demat Account for any reason, you can avail the facility of freezing your demat account by choosing Account level, ISIN level or Quantity level freeze anytime, anywhere by submitting a written request in… Read More »

Claiming Unclaimed Shares and Dividends

By | January 25, 2024

Claiming Unclaimed Shares and Dividends All dividends and shares which remain unpaid or unclaimed for seven consecutive years, are transferred by respective companies to Investor Education and Protection Fund Authority. Investors can submit claim to IEPF Authority to receive unpaid dividend and/or unclaimed shares by visiting https://www.iepf.gov.in  

No Penalty if  there was mistake while uploading the ITR as expenses were disallowed in the Tax Audit report but not in ITR  : High Court

By | January 25, 2024

No Penalty if  there was mistake while uploading the ITR as expenses were disallowed in the Tax Audit report but not in ITR  : High Court HIGH COURT OF BOMBAY Principal Commissioner of Income-tax-13 v. Pinstorm Technologies (P.) Ltd. K.R. SHRIRAM AND DR. NEELA GOKHALE, JJ. IT APPEAL NO.1117 OF 2018 DECEMBER  20, 2023 Akhileshwar Sharma for the… Read More »

No additions in Income Tax if housewife used her past savings to pay stamp duty in cash for purchase of property : ITAT

By | January 25, 2024

No additions in Income Tax if housewife used her past savings to pay stamp duty in cash for purchase of property : ITAT IN THE ITAT, DELHI BENCH ‘SMC’ Poonam Garg v. Income Tax Officer, Ward-55(3) C.M. GARG, JUDICIAL MEMBER IT APPEAL NO. 2022 (DELHI) OF 2022 [ASSESSMENT YEAR 2015-16 ] JUNE  7, 2023 K.… Read More »

GST Appellate Authority should condone the delay in filing appeal beyond 4 months : High court

By | January 25, 2024

GST Appellate Authority should condone the delay in filing appeal beyond 4 months : High court HIGH COURT OF CALCUTTA Arvind Gupta v. Assistant Commissioner of Revenue State Taxes HIRANMAY BHATTACHARYYA, J. WPA NO. 2904 OF 2023 JANUARY  4, 2024 Boudhayan Bhattacharyya, Ms. Stuti Bansal and Ms. Rinki Saha for the Petitioner. Pretom Das, Dilip Kumar Agarwal, Ratan Banik and Biswaraj Agarwal for the Respondent.… Read More »

Category: GST