Income Tax Search and Seizure Assessments- No universal application of the “extrapolation technique” in Search Assessments Introduction: During the course of a Search and Seizure action, it is seen in practice that incriminating material in the form of documents, diaries and other evidences are found
Case Covered: Rahmat Bano Versus The CPIO, O/o the Income Tax Officer Facts of the Case: The appellant filed an application under the Right to Information Act, 2005 (RTI Act) before the Central Public Information Officer (CPIO) O/o the Income Tax Officer, Ward No. 3(4),
Everything You Want To Know About E-Invoice Budget Speech: GST 
The electronic invoice is another innovation wherein critical information shall be captured electronically in a centralized system. It will be implemented in a phased manner starting from this month itself on an optional basis. It
Workshop on GST – E-way Bill Consequences of Non-Compliance of E Way Bill provision : DETENTION OR SEIZURE: As per Sec 129 of CGST Act, 2017 ✓ where any person transports any goods or stores any goods while they are in transit ✓ In
Case Covered: Urbanclap Technologies India Pvt Ltd Versus State Tax Officer Facts of the Case: The challenge is to three orders of assessment, all dated 14.02.2020, passed in terms of the provisions of the Central Goods and Services Tax, 2017 (in short ‘Act’) for the
Introduction- supply between employer and employee in GST Employers and employees are related persons under the GST Law. Supply between employer and employee may attract the GST. Here we will analyze the linking of various GST provisions with these kinds of transactions. Explanation to section 15
Introduction- The latest trend in e-commerce is dropshipping. Shopify has expanded its horizons and helped in faster growth. But taxation is also an important aspect. GST on drop shipping business is applicable at the normal rate of items. But drop shipper and online seller, both have
Gujarat HC Denies Integrated GST Rebate To Advance Authorization License Holders – Is It Fair? 
Holders of advance authorization licenses were entitled to import raw materials without payment of integrated GST and rebate of IGST. The government changed the rules in September 2018 – retrospectively from
Supreme Court update- On 28 April 2023, supreme court reversed the decision of the Gujarat high court. The court said that the decision was arbitrary.The order of the Gujarat high court was set aside. In para 75 of the judgment following was pronounced- “75. For
Introduction: Prevention of Money Laundering—Power of High Court to condone the delay in filing an appeal—the High Court has no power to condone the delay beyond 120 days.—The Assistant Director, DoE, New Delhi v. Omar Ali Obaid Balsharaf: 2020 (2) LRC 651(Del) Case Covered: The
