https://taxguru.in/goods-and-service-tax/inspection-search-seizure-arrest-goods-services-tax-act.html Clipped from: https://taxguru.in/goods-and-service-tax/inspection-search-seizure-arrest-goods-services-tax-act.html Inspection, Search, Seizure and Arrest 1. In any tax administration the provisions for Inspection, Search, Seizure and Arrest are provided to protect
Category: Seven Star
GST Refunds- What you should Know
https://taxguru.in/goods-and-service-tax/gst-refunds-what-you-should-know.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refunds-what-you-should-know.html Refunds under GST Introduction: Timely refund mechanism is essential in tax administration, as it facilitates trade through release of blocked funds for
GST Refund of unutilised Input Tax Credit (ITC)
https://taxguru.in/goods-and-service-tax/gst-refund-unutilised-input-tax-credit-itc.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refund-unutilised-input-tax-credit-itc.html Accumulation of Input Tax Credit (ITC) happens when the tax paid on inputs is more than the output tax liability. Such accumulated
Registration under Goods and Services Tax (GST) law
https://taxguru.in/goods-and-service-tax/registration-under-goods-and-services-tax-gst-law.html Clipped from: https://taxguru.in/goods-and-service-tax/registration-under-goods-and-services-tax-gst-law.html Introduction: In any tax system, registration is the most fundamental requirement for identifcation of taxpayers ensuring tax compliance in the economy. Registration
NRI Property Sale in India: FEMA Guidelines & Procedures
https://taxguru.in/rbi/nri-property-sale-india-fema-guidelines-procedures.html Clipped from: https://taxguru.in/rbi/nri-property-sale-india-fema-guidelines-procedures.html NRI Sale of Property in India: Guidelines and Procedures FEMA, 1999 and FEM (Non-Debt Instrument), 2019 lay down the procedure and guidelines
Delhi HC Quashes Section 148 Notices for AY 2016-17 & 2017-18 on Alleged Escaped Income Under Rs 50 Lakhs
https://taxguru.in/income-tax/delhi-high-court-quashes-148-notices-ay-2016-17-2017-18-alleged-escaped-income-rs-50-lakhs.html Clipped from: https://taxguru.in/income-tax/delhi-high-court-quashes-148-notices-ay-2016-17-2017-18-alleged-escaped-income-rs-50-lakhs.html Ganesh Dass Khanna Vs ITO (Delhi High Court) In a significant ruling on November 10, 2023, the Delhi High Court delivered a
Deduction u/s 80P(2)(d) was allowable on interest income received from Co-Operative Bank
https://taxguru.in/income-tax/deduction-u-s-80p-2-d-allowable-interest-income-received-co-operative-bank.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-allowable-interest-income-received-co-operative-bank.html Thorapadi Urban Co-op Credit Society Limited Vs ITO (Madras High Court) Conclusion: Deduction under section 80P(2)(d) was allowable on receipt of interest from
Policy Initiatives for MSMEs under GST
https://taxguru.in/goods-and-service-tax/policy-initiatives-msmes-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/policy-initiatives-msmes-gst.html 1. In general, GST Law provides for beneficial treatment of small taxpayers through various provisions of the Act. (a) No registration required for
Job Work Under GST
https://taxguru.in/goods-and-service-tax/job-work-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/job-work-gst.html Introduction: Job-work sector constitutes a significant industry in Indian economy. It includes outsourced activities that may or may not culminate into manufacture.
Taxability of Dividend Income – FAQ’s
https://taxguru.in/income-tax/taxability-dividend-income-faqs.html Clipped from: https://taxguru.in/income-tax/taxability-dividend-income-faqs.html Dear friend’s now days, many people has started their investment journey in Stock Market. Some are investing directly in share market and
Comprehensive Guide to GST E-Invoice System Implementation
https://taxguru.in/goods-and-service-tax/comprehensive-guide-gst-e-invoice-system-implementation.html lipped from: https://taxguru.in/goods-and-service-tax/comprehensive-guide-gst-e-invoice-system-implementation.html Introduction: Welcome to the realm of GST tax compliance, where the E-Invoice System revolutionizes the way businesses handle invoices. Mandated by the GST
Service Tax Demand without Specification of Service Category in SCN : CESTAT Quashes Demand
Clipped from: https://www.taxscan.in/service-tax-demand-without-specification-of-service-category-in-scn-cestat-quashes-demand/343818/ The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the service tax demand which does not specify the service category
Order cannot be deemed to be served in absence of proof of delivery
https://taxguru.in/service-tax/order-deemed-served-absence-proof-delivery.html Clipped from: https://taxguru.in/service-tax/order-deemed-served-absence-proof-delivery.html Shri Surya Prakash Gaur Vs Commissioner, Central Excise (CESTAT Delhi) Service of order by Speed Post cannot be deemed to be served
Extended Period Demand Unsustainable as Scrutiny Should Have Been Timely
https://taxguru.in/service-tax/extended-period-invocable-demand-based-records-scrutinized-time-limit.html Clipped from: https://taxguru.in/service-tax/extended-period-invocable-demand-based-records-scrutinized-time-limit.html Right Resource Management Service Vs Commissioner of Central Goods And Service Tax (CESTAT Delhi) CESTAT Delhi held that demand invoking extended period
Invalid Service Tax Demand: Form 26AS Basis, No Investigation
https://taxguru.in/service-tax/service-tax-demand-based-form-26-income-tax-department-investigation-invalid.html Clipped from: https://taxguru.in/service-tax/service-tax-demand-based-form-26-income-tax-department-investigation-invalid.html Piyush Sharma Vs Commissioner of CGST & CX (CESTAT Kolkata) The CESTAT, Kolkata in M/s. Piyush Sharma v. Commissioner of CGST & CX,
Service Tax Demand Invalid Without Specific Service Category in SCN
https://taxguru.in/service-tax/service-tax-demand-invalid-specific-service-category-scn.html Clipped from: https://taxguru.in/service-tax/service-tax-demand-invalid-specific-service-category-scn.html K. Mayakrishnan Vs Commissioner of Central Excise and Service Tax (CESTAT Chennai) CESTAT Chennai Rules in Favor of Assessee: Service Tax Demand
GST registration Document List
https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html The Goods and Services Tax (GST) in India is subject to turnover thresholds, varying for different states and business types. Understanding these
GST Appeal Amnesty Scheme 2023 : Full Procedure and Provision by CA Sachin M Jain
Clipped from: https://www.taxscan.in/gst-appeal-amnesty-scheme-2023-full-procedure-and-provision/347846/ Golden opportunity for all the taxpayers who missed filing an Appeal within the allowable time or whose appeal got rejected due to time-barred
How To Identify A Fake GST Bill? Know The Process In Detail
How To Identify A Fake GST Bill? Know The Process In Detail https://www.msn.com/en-in/autos/photos/how-to-identify-a-fake-gst-bill-know-the-process-in-detail/ar-AA1kikkW?rc=1&ocid=winp1taskbar&cvid=fc58859536a24809fbc7f8e4ef9859b8&ei=4 The Goods and Services Tax (GST) system was introduced in India in