Net Direct Tax collections for the F.Y. 2021-22 at Rs. 13,63,038 crore showing a growth of over 48.4%

By | March 18, 2022

Net Direct Tax collections for the F.Y. 2021-22 at Rs. 13,63,038 crore showing a growth of over 48.4% Advance Tax collections for the F.Y. 2021-22 (Till 4th Instalment) stand at Rs. 6,62,896.3 crore as on 16.03.2022 which shows a growth of approximately 40.75% Refunds aggregating to Rs. 1,87,325.9 crore issued in the current fiscal Posted… Read More »

Serve physical copy of show cause notice to assessee under GST : High Court

By | March 17, 2022

Serve physical copy of show cause notice to assessee through registered post or speed post or courier and upload the same in GST portal HIGH COURT OF MADRAS Pushpam Reality v. State Tax Officer C. SARAVANAN, J. W.P.NOS.27651, 27654 & 27657 OF 2021 AND OTHERS FEBRUARY  4, 2022 Adithya Reddy for the Petitioner. Ms. Amirta Poonkodi Dinakaran for… Read More »

Salary TDS for FY 2021-22 (AY 2022-23 ) CBDT issued CIRCULAR NO 04/2022

By | March 16, 2022

Salary TDS for FY 2021-22 (AY 2022-23 ) CBDT issued CIRCULAR NO 04/2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENTOFREVENU~ CENTRAL BOARD OF DIRECT TAXES DEDUCTION OF TAX AT SOURCEINCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961 DURING THE FINANCIAL YEAR 2021-22 Download Circular Click here

No Detention of Goods can be done for mismatch in the quantities of Eway bill and Invoice : High Court

By | March 16, 2022

No Detention of Goods can be done for mismatch in the quantities of Eway bill and Invoice : High Court      IN THE HIGH COURT OF PUNJAB AND HARYANA                      AT CHANDIGARH                               CWP No.25057 of 2021                              Date of decision : March 14, 2022   M/s Raghav Metals    …Petitioner      Versu State… Read More »

GST Refund Application can not be rejected due to Delay : High Court

By | March 16, 2022

GST Refund Application can not Rejected due to Delay : High Court Allahabad High Court Gamma Gaana Limited Vs Union of India Writ Tax No. 173 of 2022 03/03/2022 Heard Sri Nishant Mishra, learned counsel for the petitioner, Sri B.P. Singh Kachhawah, learned Standing Counsel for the State-respondents. None appears for the respondent nos. 1… Read More »

SOP to apply for revocation of cancellation of registration under GST Act : Circular

By | March 15, 2022

SOP to apply for revocation of cancellation of registration under GST Act : Circular GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES (POLICY BRANCH) VYAPAR BlIAWAN, I.P. ESTATE, NEW DELI 11-110002 No. F.3(377 )/GST/ Policy/2021/1087-1093  Dated: 10/03/2022 CIRCULAR No. 15/2021-GST of State Tax (Ref. Circular No. 148/04/2021-GST of Central Tax dated… Read More »