Clipped from: https://www.business-standard.com/opinion/columns/what-critics-of-the-govt-miss-not-much-is-lost-if-the-pli-scheme-fails-123050500861_1.html Seeking a repeat of the East Asian model of merchandise export-led growth is a chimera. For India, services drive export growth, writes T
Day: May 6, 2023
🙏CBIC to conduct two-month-long special drive to curb ITC fraud menace
Clipped from: https://www.business-standard.com/finance/news/cbic-to-conduct-two-month-long-special-drive-to-curb-itc-fraud-menace-123050501049_1.html “The move would likely help in curbing tax evasion,” said Saurabh Agarwal, Tax Partner, EY Central Board of Indirect Taxes and Customs Listen
🙏No capital Gain Tax on Gift of Immovable Property to Sister
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-gift-immovable-property-sister.html Sanjay Bansal Vs ITO (ITAT Delhi) The transfer/ gift deed available at pages 85-140 of the Paper Book reveals that the transfer/ gift
Exemption u/s 54 available even if capital gain is invested in more than one residential houses
Clipped from: https://taxguru.in/income-tax/exemption-u-s-54-capital-gain-invested-residential-houses.html Anu Gera Vs ITO (ITAT Delhi) ITAT Delhi held that benefit of exemption under section 54 of the Income Tax Act available even
10 Recent Landmark Judgements Under GST
Clipped from: https://taxguru.in/goods-and-service-tax/landmark-judgements-gst.html The Goods and Services Tax Law is only around 6 years old, but we already have a number of judgements from the Honourable
Books cannot be rejected without showing defect in books of account maintained
Clipped from: https://taxguru.in/income-tax/books-rejected-showing-defect-books-account-maintained.html PCIT Vs Swananda Properties Pvt Ltd (Bombay High Court) We note that the books of accounts of the Respondent were rejected by the
Revocation of RERA registration under Section 7
Clipped from: https://taxguru.in/corporate-law/revocation-rera-registration-section-7.html Revocation of RERA registration – Real Estate (Regulation and Development) Act, 2016 – Section 7 RERA Real Estate (Regulation and Development) Act, 2016,
GST Authorities attach Bank Account without Issuing Notice: Orissa HC directs to file appeal before Appropriate Authority u/s 107 of Orissa GST Act
Clipped from: https://www.taxscan.in/gst-authorities-attach-bank-account-without-issuing-notice-orissa-hc-directs-to-file-appeal-before-appropriate-authority-u-s-107-of-orissa-gst-act/275476/ While entertaining the writ petition, a Division Bench of Justice Dr. B. Sarangi and Justice M.S. Raman of Orissa High Court directed the
Non-issue of Notice of Proceeding to Kirloskar Oil Engines: Bombay HC quashes Order by Maharashtra Sales Tax Tribunal
Read More: https://www.taxscan.in/non-issue-of-notice-of-proceeding-to-kirloskar-oil-engines-bombay-hc-quashes-order-by-maharashtra-sales-tax-tribunal/275377/ Clipped from: https://www.taxscan.in/non-issue-of-notice-of-proceeding-to-kirloskar-oil-engines-bombay-hc-quashes-order-by-maharashtra-sales-tax-tribunal/275377/ The Bombay High Court quashed the order passed by the Maharashtra Sales Tax Tribunal on non-issuance of notice of proceeding to