Demand Order in GST is invalid if not passed within 7 days : High Court Madras High Court Deepam Roadways Vs Deputy State Tax Officer W. P. Nos. 476 of 2023 23/01/2023 The issue that arises for consideration in these writ petition is whether section 129(3) of the Central Goods and Services Tax Act, 2017… Read More »
Income Tax Last date 31.05.2023 I Assessment I New Instructions I CA Satbir Singh The Office of the Principal Chief Commissioner of Income Tax has issued a Letter vide F.No. Pr. CCIT/KNP/DCIT(T&J)/5(31)/2022-23 dated January 27, 2023 in order to direct all the Assessing Officers to complete re-assessment of all cases by May 31, 2023, where proceedings were… Read More »
Time limit for issuance of SCN in GST for F.Y. 2017-18 is extended till June 30, 2023 Kerala High Court Pappachan Chakkiath v. Assistant Commissioner & Anr. [WP(C) NO. 816 of 2023 dated January 11, 2023] It has held that, when the time limit for issuance of order under Section 73(10) of the Central Goods… Read More »
GST Portal will allow negative values in Table 4 of GSTR-3B The Goods and Services Tax Network (“GSTN”) will soon allow negative values in Table 4 of GSTR-3B, allowing users to show the net off credit notes values in Table 4A which will make Table 8 of the GSTR-9 comparison consistent as per the Release… Read More »
How to Save Income Tax by Tax Saving FDR (Fixed Desposits in Bank ) I Income Tax Planning Guide
Cash not be Seized by GST Officer during Search : High Court Delhi High Court Arvind Goyal CA Vs Union of India & Ors. W.P.(C) 12499/2021 19/01/2023 The petitioners have filed the present petition, inter alia, praying as under: “(a) direct the Respondents to deposit balance sum of Rs.1,04,00,000/- taken away on 04.12.2020 during… Read More »
RELIEF FROM GST LATE FEES I NEW ORDER I CA SATBIR SINGH Download Order Click here No GST late fees if returns not filed due to cancellation of GST registration which was restored subsequently : High Court
GST Appellate Authority to hear appeal filed by consignee if order passed against the driver/in-charge of conveyance : High Court HIGH COURT OF CALCUTTA Mehndihasan Rahemtulla Hariyani v. Deputy Commission of Revenue KAUSHIK CHANDA, J. W.P.A. NO. 927 OF 2022 NOVEMBER 3, 2022 ORDER The Deputy Commissioner of Revenue, Alipurduar Zone under Bureau of Investigation… Read More »
Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns 24/01/2023 Recently, a functionality of “Automated Drop Proceedings” of GSTINs suspended due to non-filing of returns has been implemented on the GST Portal. This functionality is available for the taxpayers who have filed their pending returns i.e. 6 monthly or 2 Quarterly… Read More »
HRA New Rules Office Memoradum No 2/4/2022-E.IIB Dated 30th December 2022 30 दिसम्बर 2022 को जारी किये गए इस Office Memorandum के द्वारा 1965 से लेकर 2019 तक हाउस रेंट एलाउन्स (House Rent Allowance) HRA के सम्बन्ध में जितने भी आदेश जारी किए गये थे, उन सभी Office Memorandum को निरस्त कर दिया गया… Read More »