Introduction: The UP AAR in the case of M/S. Dwarikesh Sugar Industries Limited held that expenses incurred towards Corporate Social Responsibility (CSR) by the Company in order to comply with requirements under the Companies Act, 2013 (Companies Act) qualify as being incurred in the course
Amazon-Future Tussle India’s retail giant Kishore Biyani’s Future Retail is stuck in a long-standing tussle with the US tech giant Amazon. Amazon has been blocking a deal worth $3.4 billion between Future Group and Reliance Retail alleging that the transaction between the two Indian majors
Case Covered: JAP Modular Furniture Concepts (P) Ltd. 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: “A. This Hon’ble Court may be pleased to
I. Compliances before 31st March 2021 A. File GSTR 9 & 9C for F.Y. 2019-20 The due date file GSTR-9 (for taxpayers having aggregate turnover of more than 2 crs.) and GSTR-9C (for taxpayers having aggregate turnover of more than 5 crs.) has been further
Case Covered: M/s Ion Trading India Pvt Ltd Facts of the Case: M/s ION Trading India Private Limited, Building No. 2, Infospace, 4-6th Floor, Block-B, Plot-2, Sector-62, Noida, Uttar Pradesh (here in after called the appellant) is a registered assessee under GST having GSTN: 09AAECA4325R1Z9.
DRI! As the apex intelligence organization of Indian Customs, it is the prime responsibility of DRI to enforce the provisions of the Customs Act, 1962. The charter of duties of the DRI includes the collection, collation, analysis, and dissemination of intelligence relating to smuggling. It
GST Year-End Checklist Intention: To give guidelines to Accountants in filing of March 21 GST Returns & getting ready for the FY 2021-22 Turnover & Tax Liability thereon 1) Reconcile the Turnover to be reported as per books April to Feb vs what is present
Press Note: CBIC Unconfirmed reports have appeared in certain sections of the media that some GST officers are using unauthorized communication means such as phone calls, WhatsApp, and messages asking taxpayers to discharge ‘maximum tax liability’ in ‘cash’ in order to ensure that targets for
Case Covered: M/s. OSTRO Anantapura Private Limited Facts of the Case: The petitioner’s case is thus: a) The petitioner is M/s. OSTRO Anantapura Private Limited, Anantapuram, and a Company engaged in the business of generation and sale of wind power. The petitioner is a registered
Case Covered: M/s. Mridul Tobie Inc. Versus Additional Director General, Directorate General of Goods And Service Tax Intelligence Facts of the Case: This is an application filed by the petitioner to seek a stay on the investigation for the reasons articulated therein. On 22.02.2021, the
