CA can conduct only 60 Tax Audits , Supreme Court upholds ICAI’s regulation Carrying out compulsory tax audit under Section 44AB of the Income Tax Act,1961 is a ‘privilege’ & not a ‘right’ of a CA, the limit of 60 tax audits imposed by ICAI on every CA is to be upheld as it does… Read More »
Delay in filing GST revocation application condoned & GST dept has to open portal for filing GST returns : HC HIGH COURT OF ORISSA Bisan Singh v. Commissioner of CT and GST DR. B.R. SARANGI AND G. SATAPATHY, JJ. W.P.(C) NO. 9598 OF 2024 APRIL 23, 2024 P.K. Harichandan, Adv. for the Petitioner. S. Das, ASC (Odisha CT &… Read More »
Income Tax Assessmet order not valid if show cause notice does not indicate time limit within which the assessee is required to respond High court HIGH COURT OF MADRAS Varadarajaperumal Pradeepkumar v. Income-tax Officer MOHAMMED SHAFFIQ, J. W.P. NO. 10721 OF 2021 W.M.P. NOS.11364, 11365 AND 19290 OF 2021 MARCH 6, 2024 P.V. Sudakar for the… Read More »
Section 43B disallowance can not be made if GST liability paid before expiry of extended due date of filing ITR IN THE ITAT PUNE BENCH ‘B’ Sharp Aluminium v. Assistant Commissioner of Income-tax PARTHA SARATHI CHOUDHURY, JUDICIAL MEMBER AND G.D. PADMAHSHALI, ACCOUNTANT MEMBER IT APPEAL NO. 957 (PUNE) OF 2023 [ASSESSMENT YEAR 2019-20] DECEMBER 11, 2023… Read More »
8 IMPORTANT GST UPDATES I GST in NEWS I GST LATEST UPDATES
Reply to GST notice not given still GST Authority to provide reasonable opportunity to contest demand on payment of 10% of disputed amount : High Court HIGH COURT OF MADRAS Gauresh Industries v. Deputy State Tax Officer SENTHILKUMAR RAMAMOORTHY, J. W.P. NO. 10783 OF 2024 W.M.P. NOS. 11885 & 11888 OF 2024 APRIL 25, 2024… Read More »
GST payable under RCM on services received outside India from person located in non-taxable territory by person registered in GST in India HIGH COURT OF RAJASTHAN Savio Jewellery v. Commissioner, Central Goods and Service Tax PANKAJ BHANDARI AND MRS. SHUBHA MEHTA, JJ. D.B. CIVIL WRIT PETITION NO. 1910 OF 2024 MAY 2, 2024 Ms. Dipti Jindal, R.C. Agarwal and Ms.… Read More »
Matter remanded back if Assessee was unaware of proceedings due to the cancellation of the GST registration High Court HIGH COURT OF MADRAS Tvl. E.Clouds v. Assistant Commissioner (ST) SENTHILKUMAR RAMAMOORTHY, J. W.P. NOS. 10610, 10614 & 10617 OF 2024 W.M.P. NOS. 11682, 11684, 11688, 11690 & 11691 OF 2024 APRIL 23, 2024 G. Derrick… Read More »
INCOME TAX PENALTY से मिली राहत !! INCOME TAX RETURN FILER GOOD News