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GST LitigationTax/Penalty not Payable on account of Expiry of Way Bill in Transit if no evasion of Tax.
Cost of Rs. 10,000/- imposed on Department for abuse of Power 2021 (6) TMI 378 – Telangana High Court in M/s Satyam Shivam Papers Pvt. Ltd. Versus Asst. Commissioner St And 4 Others Facts The admitted facts are that the petitioner had dispatched goods on
GST ComplianceHigh Court’s protective shield against the mindless provisional attachment
In terms of S.83 of the CGST Act, 2017, the Commissioner has the powers to provisionally attach the property, including a bank account belonging to a taxable person under certain specified circumstances. When any proceedings under the specified provisions are pending against a taxable
Income Tax ComplianceGuidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2021- 22
To All Pr. Chief-Commissioners of Income-tax/Chief-Commissioner of Income-Tax All Pr. Director-Generals of Income-tax/Director-Generals of Income-tax. Madam/Sir Subject: Guidelines for compulsory selection of returns for Complete scrutiny during the Financial Year 2021-22 – conduct of assessment proceedings in such cases – regarding:- Kindly refer to the
GST LitigationGujarat HC in the case of Messers SB Traders Versus State of Gujarat
Case Covered: Messers SB Traders Versus State of Gujarat Facts of the Case: By this writ application under Article 226 of the Constitution of India, the writ applicants have prayed for the following reliefs: “This Hon’ble Court may graciously be pleased to issue a writ,
Income Tax ComplianceHow To File ITR Using The New Filing Portal of Income Tax
Introduction CBDT has introduced a new income tax return filing portal. Return filing is now way simpler than earlier. In the case of small taxpayers, it can be filed without the help of any professional. It is easy to file ITR using the new filing
CA Shafaly Girdharwal
GST ComplianceKerala issues first guidelines on blocking/unblocking of Input Tax Credit
Circular bases on ‘Rule 86A’ of GST Rules; experts say CBIC should ensure its uniformity across the nation Kerala has come out with detailed circular and Standard Operating Procedures (SoP) to streamline the process of blocking/unblocking of Input Tax Credit (ITC). Kerala is the
GST Consultancy9 Top Career Opportunities in GST
Oh yes, it is the buzzword. One of the boldest steps of the current government. It changes the entire taxation scenario in India. GST is a merger of all indirect taxes we had before 1-7-2017. Even at the time of lockdown GST compliances and filing
Important FAQs About GST Amnesty Scheme 2021 for Waiver of Late Fees
Introduction of GST Amnesty Scheme 2021 Amnesty means providing relief from some penal action. Recently GST amnesty scheme 2021 is announced by CBIC. It is a scheme to waive late fees. The fees are accumulated due to non-filing or late filing of returns. FAQ’s on
CA Shafaly Girdharwal
GST ComplianceJoint Development Agreement (JDA): Landowner’s Share – ITC And Time of Supply
Amendment In 43rd GST Council Meeting And Notifications Dt. 02.06.2021 In an Area Sharing Joint Development Agreement: Landowner transfers development rights of their owned land to Developer and The developer develops and constructs superstructure inter-ala for the landowner on the Landowner’s share of Land. 2.
Important changes in GST returns, GSTR 3b and 1
Introduction- Due to lockdown, CBIC has amended the due date of GST returns. Also, the Input tax credit for 36(4) can also be adjusted cumulatively till June 2021. These changes are introduced via various notifications issued on 1st June 2021. It was recommended by the
CA Shafaly Girdharwal
GST ComplianceThe unsavoury controversy of IGST exemption to the import of oxygen concentrators
For the past almost two years, Covid-19 Pandemic has gripped the world and the Indian Sub-Continent cannot be expected to remain immune to this life-threatening virus. In fact, the ‘second wave’ of this Pandemic has turned out to be much more lethal than the
Income Tax Compliance301st Issue of Tax Connect
Tax Calendar Due date Form/Return/Challan Reporting Period Description 07th June 2021 ITNS 281 May 2021 Due Date for Payment of TDS on all types of payments 07th June 2021 ITNS-281 May 2021 Due Date for payment of TCS u/s 206C (other than Government Assessee) 07th